In CommitteeFiled Jun 25, 2026
Sponsor: Rep. Joyce, David P. [R-OH-14] (R)
Latest Action
Referred to the Subcommittee on Economic Opportunity.
Jul 17, 2026
Summary
This bill shields banks and other financial institutions from federal penalties if they provide services to state-sanctioned marijuana businesses. It affects legal cannabis businesses, their service providers, and the banks that want to work with them. This matters because it allows the legal marijuana industry to access standard banking services, reducing the risks and inefficiencies of operating entirely in cash.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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