Thank you for sharing!

Your article was successfully shared with the contacts you provided.

marijuana bankingThe House on Wednesday passed legislation that would provide financial institutions with a safe harbor for providing services to marijuana-related businesses in states where the substance is legal.

Voting 321 to 103, the House passed H.R. 1595. The bill went to the floor using a process that suspended House rules, meaning that debate would be limited and two-thirds of those voting would have to vote in favor for it to pass.

David Baumann

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.