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U.S. House Votes to Allow Banks to Accept Deposits from Marijuana Stores and Dispensaries

July 16, 2014 in PERSONAL LIBERTY

By drosenfeld

Historic Vote Falls on Heels of Votes in May to Prohibit DEA from Undermining State Medical Marijuana and Hemp Laws

Meanwhile Conflict Over Washington, DC Decrim Law and Legalization Ballot Measure Increases

In a historic vote today the U.S. House passed a bipartisan amendment by Representatives Heck (D-WA), Perlmutter (D-CO), Lee (D-CA) and Rohrabacher (R-CA) preventing the Treasury Department from spending any funding to penalize financial institutions that provide services to marijuana businesses that are legal under state law. The amendment passed 231 to 192.

In May, the House passed an amendment prohibiting the Drug Enforcement Administration (DEA) from undermining state medical marijuana laws and passed two amendments prohibiting the DEA from interfering with state hemp laws.

July 16, 2014

Drug Policy Alliance

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Source: DRUG POLICY

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