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SAFE Banking Act information


SAFE Banking Act
Great Seal of the United States
Long titleAn Act to protections for depository institutions that provide financial services to cannabis-related legitimate businesses and service providers for such businesses, and for other purposes.
Announced inthe 118th United States Congress
Legislative history
  • Introduced in the House of Representatives as H.R. 2891 by David Joyce (R–OH) on April 26, 2023
  • Committee consideration by Financial Services, Judiciary

The SAFE Banking Act, officially H.R. 1595, full title Secure and Fair Enforcement (SAFE) Act, also referred to as the SAFE Banking Act of 2019, and as of 2023 the Secure and Fair Enforcement Regulation (SAFER) Banking Act, is proposed legislation regarding disposition of funds gained through the cannabis industry in the United States.

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