MAY 19 2020: Dear Congressional Leaders: We are a bipartisan group of state and territorial attorneys general committed to public safety, financial transparency, and the rule of law. On May 8, 2019, 38 state and territorial attorneys general urged passage of the SAFE Banking Act, or similar legislation, that would provide a safe harbor for depository institutions that service a marijuana-related business in a state with robust regulatory controls that ensure accountability in the marijuana industry. See Enclosed. The undersigned attorneys general renew that support here and urge Congress advance these same goals as part of any future COVID-19 relief package
SAFE-Banking-Act-with-Signatures-5.19.20