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United States · Bill · HR

H.R. 1595 (116th)

SAFE Banking Act of 2019

referredUnited States· United States Congress· EN

Introduced

7 March 2019

Last action

26 September 2019 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Rep. Perlmutter, Ed [D-CO-7], Rep. Heck, Denny [D-WA-10], Rep. Stivers, Steve [R-OH-15], Rep. Davidson, Warren [R-OH-8], Rep. Aguilar, Pete [D-CA-33], Rep. Barragán, Nanette Diaz [D-CA-44], Rep. Beyer, Donald S. [D-VA-8], Rep. Blumenauer, Earl [D-OR-3], Rep. Bonamici, Suzanne [D-OR-1], Rep. Boyle, Brendan F. [D-PA-2], Rep. Brown, Anthony G. [D-MD-4], Rep. Brownley, Julia [D-CA-26], Rep. Carbajal, Salud O. [D-CA-24], Rep. Cárdenas, Tony [D-CA-29], Rep. Cartwright, Matt [D-PA-17], Rep. Castor, Kathy [D-FL-14], Rep. Cicilline, David N. [D-RI-1], Rep. Cisneros, Gilbert Ray [D-CA-31], Rep. Clark, Katherine M. [D-MA-5], Rep. Clarke, Yvette D. [D-NY-9], Rep. Cohen, Steve [D-TN-9], Rep. Cooper, Jim [D-TN-5], Rep. Correa, J. Luis [D-CA-46], Rep. Courtney, Joe [D-CT-2], Rep. Cox, TJ [D-CA-21], Rep. Crist, Charlie [D-FL-13], Rep. Crow, Jason [D-CO-6], Rep. Davis, Susan A. [D-CA-53], Rep. DeFazio, Peter A. [D-OR-4], Rep. DeGette, Diana [D-CO-1], Rep. DeLauro, Rosa L. [D-CT-3], Rep. DelBene, Suzan K. [D-WA-1], Rep. DeSaulnier, Mark [D-CA-10], Rep. Eshoo, Anna G. [D-CA-18], Rep. Espaillat, Adriano [D-NY-13], Rep. Foster, Bill [D-IL-11], Rep. Fudge, Marcia L. [D-OH-11], Rep. Gabbard, Tulsi [D-HI-2], Sen. Gallego, Ruben [D-AZ], Rep. García, Jesús G. "Chuy" [D-IL-4], Rep. Gomez, Jimmy [D-CA-34], Rep. Gonzalez, Vicente [D-TX-34], Rep. Hastings, Alcee L. [D-FL-20], Rep. Hill, Katie [D-CA-25], Rep. Horsford, Steven [D-NV-4], Rep. Huffman, Jared [D-CA-2], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Jayapal, Pramila [D-WA-7]

Subjects

Discovery layer

Source updated

5 December 2025

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Summary

Secure and Fair Enforcement Banking Act of 2019 or the SAFE Banking Act of 2019 This bill generally prohibits a federal banking regulator from penalizing a depository institution for providing banking services to a legitimate marijuana-related business. Specifically, the 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; (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 or sold to such a business; or (5) penalizing a depository institution for processing or collecting payments for such a business. As specified by the bill, a depository institution shall not, under federal law, be liable or subject to forfeiture for providing a loan or other financial services to a legitimate marijuana-related business.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 March 2019

    Introduced

    Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 7 March 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 7 March 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 March 2019

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  5. 27 March 2019

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 28 March 2019

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 15.

    Source: Committee

  7. 28 March 2019

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  8. 8 April 2019

    Referred

    Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

    Source: Committee

  9. 5 June 2019

    Calendars

    Placed on the Union Calendar, Calendar No. 78.

    Source: Calendars

  10. 5 June 2019

    Discharge

    Committee on the Judiciary discharged.

    Source: Discharge

  11. 5 June 2019

    Committee

    Committee on the Judiciary discharged.

    Source: Committee

  12. 5 June 2019

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-104, Part I.

    Source: Committee

  13. 5 June 2019

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-104, Part I.

    Source: Committee

  14. 25 September 2019

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  15. 25 September 2019

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 103 (Roll no. 544). (text: CR H7962-7964)

    Source: Floor

  16. 25 September 2019

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 103 (Roll no. 544).(text: CR H7962-7964)

    Source: Floor

  17. 25 September 2019

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1595.

    Source: Floor

  18. 25 September 2019

    Floor

    Considered under suspension of the rules. (consideration: CR H7962-7974)

    Source: Floor

  19. 25 September 2019

    Floor

    Mr. Perlmutter moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  20. 26 September 2019

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

25 September 2019 · passed · On Motion to Suspend the Rules and Pass, as Amended · Passed · Official source

Yes 321 · No 103 · Abstain — · Absent/not voting 9

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

11 official files

Referred in Senate (text)

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Leesvertaling

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  • Referred in Senate (text)

    Referred in Senate · EN · 26 September 2019

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 26 September 2019

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  • Engrossed in House (text)

    Engrossed in House · EN · 25 September 2019

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 25 September 2019

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  • Passed House

    summary · EN · 25 September 2019

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  • Reported in House (text)

    Reported in House · EN · 5 June 2019

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  • Reported in House (PDF)

    Reported in House · EN · 5 June 2019

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  • Reported to House, Part I

    summary · EN · 5 June 2019

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  • Introduced in House (text)

    Introduced in House · EN · 7 March 2019

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  • Introduced in House (PDF)

    Introduced in House · EN · 7 March 2019

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  • Introduced in House

    summary · EN · 7 March 2019

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Sponsors

Showing 48 of 210 sponsors and actors.

Related records

Sources

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