S. 1726: Marijuana Businesses Access to Banking Act of 2015

Introduced:

Jul 9, 2015

Status:

Referred to Committee on Jul 9, 2015

This bill was assigned to a congressional committee on July 9, 2015, which will consider it before possibly sending it on to the House or Senate as a whole.

Sponsor:

Jeff Merkley

Junior Senator from Oregon

Democrat

Text:

Read Text »
Last Updated: Jul 9, 2015
Length: 8 pages

Prognosis:

4% chance of being enacted (details)

About the bill

Full Title

A bill to create protections for depository institutions that provide financial services to marijuana-related businesses, and for other purposes.

The bill’s titles are written by its sponsor.

Summary

Four states plus the District of Columbia have legalized recreational marijuana and 23 states allow medical marijuana. Several other states may follow suit later this year. However, all marijuana use remains illegal under federal law, where the Drug Enforcement Agency classifies it as a Schedule I drug, the strictest category for what are deemed the most dangerous drugs in the ...

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History

Jul 9, 2015
 
Introduced

This is the first step in the legislative process.

 
Reported by Committee

 
Passed Senate

 
Passed House

 
Signed by the President

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

Congress.gov is updated generally one day after events occur. Legislative activity since the last update may not be reflected on GovTrack. Data via congress project.

Citation

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