SAFE Act of 2017
Sponsored By: Representative Perlmutter, Ed [D-CO-7]
Unknown
Summary
Secure and Fair Enforcement Banking Act of 2017 or the SAFE Act of 2017 This bill prohibits a federal banking regulator from: (1) terminating or limiting the deposit insurance or share insurance of a depository institution solely because the institution provides financial services to a legitimate marijuana-related business; (2) prohibiting or otherwise discouraging a depository institution from offering financial services to such a business; (3) recommending, incentivizing, or encouraging a depository institution not to offer financial services to an account holder solely because the account holder is affiliated with such a business; or (4) taking any adverse or corrective supervisory action on a loan made to a person solely because the person either owns such a business or owns real estate or equipment leased to such a business. As specified by the bill, a depository institution shall not, under federal law, be liable or subject to forfeiture for providing financial services to a legitimate marijuana-related business.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Perlmutter, Ed [D-CO-7]
CO • D
Cosponsors
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 5/18/2017
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 6/13/2017
Rep. Grijalva, Raúl M. [D-AZ-7]
AZ • D
Sponsored 6/13/2017
Rep. Sinema, Kyrsten [D-AZ-9]
AZ • D
Sponsored 6/13/2017
MICHAEL CAPUANO
MA • D
Sponsored 6/13/2017
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 4/27/2017
Rep. Coffman, Mike [R-CO-6]
CO • R
Sponsored 4/27/2017
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 4/27/2017
JOHN CONYERS
MI • D
Sponsored 4/27/2017
Rep. Correa, J. Luis [D-CA-46]
CA • D
Sponsored 4/27/2017
Rep. Courtney, Joe [D-CT-2]
CT • D
Sponsored 4/27/2017
Rep. DeGette, Diana [D-CO-1]
CO • D
Sponsored 4/27/2017
Rep. Delaney, John K. [D-MD-6]
MD • D
Sponsored 4/27/2017
Rep. DelBene, Suzan K. [D-WA-1]
WA • D
Sponsored 4/27/2017
Rep. Heck, Denny [D-WA-10]
WA • D
Sponsored 4/27/2017
Rep. Hunter, Duncan D. [R-CA-50]
CA • R
Sponsored 4/27/2017
Rep. Jayapal, Pramila [D-WA-7]
WA • D
Sponsored 4/27/2017
Rep. Kihuen, Ruben J. [D-NV-4]
NV • D
Sponsored 4/27/2017
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 4/27/2017
Rep. Lewis, Jason [R-MN-2]
MN • R
Sponsored 4/27/2017
Rep. Lieu, Ted [D-CA-36]
CA • D
Sponsored 4/27/2017
Rep. McCollum, Betty [D-MN-4]
MN • D
Sponsored 4/27/2017
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 4/27/2017
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 4/27/2017
Rep. Peters, Scott H. [D-CA-50]
CA • D
Sponsored 4/27/2017
Rep. Pocan, Mark [D-WI-2]
WI • D
Sponsored 4/27/2017
Rep. Polis, Jared [D-CO-2]
CO • D
Sponsored 4/27/2017
DANA ROHRABACHER
CA • R
Sponsored 4/27/2017
Rep. Schrader, Kurt [D-OR-5]
OR • D
Sponsored 4/27/2017
Rep. Sherman, Brad [D-CA-32]
CA • D
Sponsored 4/27/2017
Rep. Swalwell, Eric [D-CA-14]
CA • D
Sponsored 4/27/2017
Rep. Titus, Dina [D-NV-1]
NV • D
Sponsored 4/27/2017
Rep. Young, Don [R-AK-At Large]
AK • R
Sponsored 4/27/2017
Rep. Huffman, Jared [D-CA-2]
CA • D
Sponsored 5/4/2017
Rep. O'Rourke, Beto [D-TX-16]
TX • D
Sponsored 5/16/2017
Rep. Love, Mia B. [R-UT-4]
UT • R
Sponsored 5/16/2017
Rep. Smith, Adam [D-WA-9]
WA • D
Sponsored 5/16/2017
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 5/18/2017
Rep. DeFazio, Peter A. [D-OR-4]
OR • D
Sponsored 5/18/2017
Rep. McClintock, Tom [R-CA-5]
CA • R
Sponsored 5/22/2017
Sen. Rosen, Jacky [D-NV]
NV • D
Sponsored 5/23/2017
Rep. Aguilar, Pete [D-CA-33]
CA • D
Sponsored 6/6/2017
Rep. Gaetz, Matt [R-FL-1]
FL • R
Sponsored 6/6/2017
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 6/6/2017
Rep. McNerney, Jerry [D-CA-9]
CA • D
Sponsored 6/21/2017
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 6/22/2017
Rep. Kilmer, Derek [D-WA-6]
WA • D
Sponsored 6/22/2017
Rep. Thompson, Mike [D-CA-4]
CA • D
Sponsored 7/24/2017
Rep. Scott, David [D-GA-13]
GA • D
Sponsored 7/27/2017
Rep. Lofgren, Zoe [D-CA-18]
CA • D
Sponsored 7/28/2017
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 7/28/2017
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 12/1/2017
Rep. DeSaulnier, Mark [D-CA-10]
CA • D
Sponsored 12/1/2017
Rep. Khanna, Ro [D-CA-17]
CA • D
Sponsored 12/1/2017
Rep. Lowenthal, Alan S. [D-CA-47]
CA • D
Sponsored 12/1/2017
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 12/7/2017
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 12/11/2017
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 12/14/2017
Rep. Kildee, Daniel T. [D-MI-8]
MI • D
Sponsored 1/16/2018
Rep. Schakowsky, Janice D. [D-IL-9]
IL • D
Sponsored 1/16/2018
Rep. Quigley, Mike [D-IL-5]
IL • D
Sponsored 1/16/2018
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 1/16/2018
Sen. Gallego, Ruben [D-AZ]
AZ • D
Sponsored 1/16/2018
Rep. Lujan Grisham, Michelle [D-NM-1]
NM • D
Sponsored 1/16/2018
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 1/17/2018
Rep. Gabbard, Tulsi [D-HI-2]
HI • D
Sponsored 1/17/2018
Rep. Curbelo, Carlos [R-FL-26]
FL • R
Sponsored 1/19/2018
Rep. Maloney, Sean Patrick [D-NY-18]
NY • D
Sponsored 1/29/2018
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 1/29/2018
ROBERT BRADY
PA • D
Sponsored 1/29/2018
Rep. Costello, Ryan A. [R-PA-6]
PA • R
Sponsored 1/29/2018
Rep. Castor, Kathy [D-FL-14]
FL • D
Sponsored 1/29/2018
Rep. Deutch, Theodore E. [D-FL-22]
FL • D
Sponsored 1/29/2018
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 1/29/2018
Rep. Raskin, Jamie [D-MD-8]
MD • D
Sponsored 1/29/2018
Rep. Watson Coleman, Bonnie [D-NJ-12]
NJ • D
Sponsored 1/30/2018
Rep. Vargas, Juan [D-CA-52]
CA • D
Sponsored 1/30/2018
Rep. Speier, Jackie [D-CA-14]
CA • D
Sponsored 1/30/2018
Rep. Moulton, Seth [D-MA-6]
MA • D
Sponsored 2/6/2018
Sen. Schiff, Adam B. [D-CA]
CA • D
Sponsored 2/8/2018
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 2/8/2018
Rep. Moore, Gwen [D-WI-4]
WI • D
Sponsored 2/15/2018
Rep. Crist, Charlie [D-FL-13]
FL • D
Sponsored 2/15/2018
Rep. Davis, Rodney [R-IL-13]
IL • R
Sponsored 2/20/2018
Rep. Matsui, Doris O. [D-CA-7]
CA • D
Sponsored 2/26/2018
Rep. Carbajal, Salud O. [D-CA-24]
CA • D
Sponsored 2/26/2018
Rep. Krishnamoorthi, Raja [D-IL-8]
IL • D
Sponsored 2/26/2018
Rep. Joyce, David P. [R-OH-14]
OH • R
Sponsored 2/26/2018
SUSAN DAVIS
CA • D
Sponsored 3/21/2018
Rep. Boyle, Brendan F. [D-PA-2]
PA • D
Sponsored 4/27/2018
Rep. Takano, Mark [D-CA-39]
CA • D
Sponsored 6/5/2018
Rep. Lawrence, Brenda L. [D-MI-14]
MI • D
Sponsored 6/6/2018
Rep. Trott, David A. [R-MI-11]
MI • R
Sponsored 6/8/2018
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 6/25/2018
Rep. Clark, Katherine M. [D-MA-5]
MA • D
Sponsored 7/16/2018
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov