- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on the JudiciaryCommittee on Financial ServicesIntroducedJuly 10th, 2013
- house Committees
Purchasing marijuana is legal in two states, and medical marijuana is legal in 23. Prohibiting marijuana businesses from using financial institutions increases the risk of violent crime and tax evasion.
Federal law clearly prohibits the sale of marijuana. By giving marijuana-businesses the right to use depository institutions, the federal government is effectively sanctioning illegal drug use throughout the U.S.