H.R. 2652 · 113th Congress
Marijuana Businesses Access to Banking Act of 2013
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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PerlmutterSponsor32 cosponsors · 29 D, 3 R
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Blumenauer
MC
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Capuano
MC
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Coffman
PD
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DeFazio
DD
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DeGette
SD
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DelBene
SF
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Farr
DH
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Heck
DK
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Kilmer
AL
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Lowenthal
JM
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McDermott
JM
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Moran
EN
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Norton
CP
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Pingree
JP
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Polis
DR
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Rohrabacher
AS
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Smith
JS
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Schakowsky
SC
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Cohen
BL
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Lee
RG
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Grijalva
JH
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Huffman
EP
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Pastor
MP
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Pocan
JM
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McGovern
BS
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Sherman
ZL
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Lofgren
BO
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O’Rourke
DT
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Titus
ES
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Swalwell
MM
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Mulvaney
CR
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Rangel18 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Marijuana Businesses Access to Banking Act of 2013 - Prohibits a federal banking regulator from: (1) terminating or limiting the deposit insurance of a depository institution solely because it either provides or has provided financial services to a marijuana-related legitimate business; or (2) prohibiting, penalizing, or otherwise discouraging a depository…
What it does: CRS summary · Introduced in House · Jul 10, 2013
Marijuana Businesses Access to Banking Act of 2013 - Prohibits a federal banking regulator from: (1) terminating or limiting the deposit insurance of a depository institution solely because it either provides or has provided financial services to a marijuana-related legitimate business; or (2) prohibiting, penalizing, or otherwise discouraging a depository institution from providing financial services to a marijuana-related legitimate business.
Prohibits a federal banking regulator, in addition, from recommending, motivating, providing incentives, or encouraging a depository institution not to offer financial services to an individual, or to downgrade or cancel financial services offered to an individual, solely because the individual: (1) is or later becomes a manufacturer, producer, owner or operator of a marijuana-related legitimate business; or (2) the depository institution was not aware that the individual is the owner or operator of a marijuana-related legitimate business.
Prohibits a federal banking regulator from taking any action on a loan to an owner or operator of: (1) a marijuana-related legitimate business, or (2) real estate or equipment that is leased to a marijuana-related legitimate business.
Grants immunity from federal criminal prosecution or investigation to a depository institution providing financial services to a marijuana-related legitimate business.
Prohibits the Secretary of the Treasury from requiring a depository institution, and any director, officer, employee, or agent of a depository institution, to report a transaction as suspicious solely because a party to the transaction is a marijuana-related legitimate business.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Marijuana Businesses Access to Banking Act of 2013
Latest action (Sep 13, 2013): Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 10, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.