S.4942

SAFE Banking Act of 2026 Secure And Fair Enforcement Banking Act of 2026

Secure And Fair Enforcement Banking Act of 2026

Introduced·6/24/26

SAFE Banking Act of 2026 creates protections for financial institutions providing services to State-sanctioned marijuana businesses.

The SAFE Banking Act of 2026 establishes protections for financial institutions that offer services to State-sanctioned marijuana businesses. It prohibits federal banking regulators from penalizing or discouraging institutions from providing services to these businesses. The act also shields financial institutions from liability for offering services to marijuana businesses, provided they comply with federal laws. Additionally, it mandates that federal banking regulators update their guidance on providing services to hemp-related businesses.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Banking, Housing, And Urban Affairs Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Jun 24

Senate

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