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    This page contains bill sponsorships in the Senate and House. Bill sponsorships indicate the topics that legislators are most interested in, and spend the most time on.

16-HR2076 on Apr 28, 2015

Bill Sponsorship: immunity for banks offering services to marijuana businesses
Source: H.R.2076 & S.1726
Congressional Summary:This bill provides a safe harbor for depository institutions providing financial services to a marijuana-related legitimate business insofar as it prohibits a federal banking regulator from:
  1. terminating or limiting the deposit or share insurance of a depository institution solely because it provides financial services to a marijuana-related legitimate business; or
  2. prohibiting, penalizing, or otherwise discouraging a depository institution from offering such services.
Immunity from federal criminal prosecution or investigation is granted, subject to certain conditions, to a depository institution that provides financial services to a marijuana-related legitimate business in a state or one of its political subdivisions that allows the cultivation, production, manufacture, sale, transportation, display, dispensing, distribution, or purchase of marijuana.

Argument in Favor: [Cato Institute, March 31, 2016]: Marijuana is now legal under the laws of [several] states, but not under federal law. And this creates huge headaches for marijuana businesses:

  • Two years after Colorado fully legalized the sale of marijuana, most banks here still don't offer services to the businesses involved.
  • Financial institutions are caught between state law that has legalized marijuana and federal law that bans it. Banks' federal regulators don't fully recognize such businesses and impose onerous reporting requirements on banks that deal with them.
  • Without bank accounts, the burgeoning pot sector can't accept credit or debit cards from customers.
Also see Senate version S.1726

Updated with H.R.1824 - Marijuana Policy Gap Act of 2017

    Participating counts on VoteMatch question 19. Question 19: Marijuana is a gateway drug Scores: -2=Strongly oppose; -1=Oppose; 0=neutral; 1=Support; 2=Strongly support.
  • Topic: Drugs
  • Headline: Immunity for banks offering services to marijuana businesses (Score: -2)

  • Key for participation codes:
  • Sponsorships: p=sponsored; o=co-sponsored; s=signed
  • Memberships: c=chair; m=member; e=endorsed; f=profiled; s=scored
  • Resolutions: i=introduced; w=wrote; a=adopted
  • Cases: w=wrote; j=joined; d=dissented; c=concurred
  • Surveys: '+' supports; '-' opposes.

Democrats participating in 16-HR2076

Earl Blumenauer s1sOregon DemocratApr 28, 2015
Julia Brownley s1sCalifornia DemocratApr 28, 2015
Michael Capuano s1sMA Former Democratic Primary Senate Challenger (2009)May 16, 2016
Steve Cohen s1oTennessee DemocratJun 5, 2018
Lou Correa s1oCalifornia DemocratMay 18, 2017
Peter Defazio s1sOregon DemocratMay 14, 2015
Diana DeGette s1sColorado DemocratApr 28, 2015
John Delaney s1sMaryland DemocratApr 29, 2016
Suzan DelBene s1sWashington DemocratApr 28, 2015
Tulsi Gabbard s1sHawaii DemocratJun 3, 2015
Raul Grijalva s1sArizona DemocratMay 11, 2016
Denny Heck s1sWashington DemocratApr 28, 2015
Jared Huffman s1sCalifornia DemocratMay 19, 2015
Hakeem Jeffries s1sNew York DemocratApr 28, 2015
Derek Kilmer s1sWashington DemocratJun 15, 2015
Barbara Lee s1sCalifornia DemocratJul 7, 2015
Ted Lieu s1sCalifornia Democratic House MemberSep 8, 2015
Zoe Lofgren s1sCalifornia DemocratApr 28, 2015
Jim McDermott s1sWashington DemocratJul 29, 2015
Jerry McNerney s1oCalifornia DemocratOct 11, 2017
Patrick Murphy s1sFL Democratic Senate candidateJun 11, 2015
Eleanor Holmes Norton s1sDistrict of Columbia DemocratApr 28, 2015
Beto O`Rourke s1oTexas DemocratMay 18, 2017
Ed Perlmutter s2pCO Democratic candidate for GovernorApr 28, 2015
Scott Peters s1sCalifornia DemocratApr 28, 2015
Chellie Pingree s1sMaine DemocratApr 28, 2015
Mark Pocan s1sWisconsin DemocratJul 21, 2015
Jared Polis s1sCO Democratic candidate for Colorado GovernorApr 28, 2015
Charles Rangel s1sNew York Dem./Lib. (retiring 2016)Apr 28, 2015
Jamie Raskin s1oMaryland DemocratJun 19, 2018
Kurt Schrader s1sOregon DemocratJun 3, 2015
Brad Sherman s1sCalifornia DemocratApr 28, 2015
Kyrsten Sinema s1sArizona DemocratApr 28, 2015
Eric Swalwell s1sCalifornia DemocratJul 15, 2015
Mark Takai s1sHawaii Democratic House MemberJul 21, 2015
Dina Titus s1sNevada DemocratApr 28, 2015

Republicans participating in 16-HR2076

Mike Coffman s1sColorado RepublicanApr 28, 2015
Reid Ribble s1sWisconsin RepublicanOct 1, 2015

Independents participating in 16-HR2076

Total recorded by OnTheIssues:

Democrats: 36
Republicans: 2
Independents: 0

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