House COVID Package Includes Cannabis Banking Relief, But Not Small Business Support
NORML
MAY 12, 2020
House Leadership unveiled legislation today, the Health and Economic Recovery Omnibus Emergency Solutions Act (aka the ‘‘HEROES Act”), to provide additional economic resources and support in response to the global COVID-19 pandemic. Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses.
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