SB4942

IntroducedUS

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

Federal · Session 2025

All Bills

Status

Introduced

As of Jun 24, 2026

Last Action

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

Official Source

Official Full Bill Text

Summary

A U.S. Senate bill mirroring House legislation to protect financial institutions serving state-sanctioned marijuana businesses has been read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs. Parallel advancement in both chambers increases the prospect of cannabis banking protections becoming law, which would broaden financial service access for the cannabis industry.

What

Who

retailers and cultivators and labs

Why

Parallel advancement in both chambers increases the prospect of cannabis banking protections becoming law, which would broaden financial service access for the cannabis industry.

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