SAFE Banking Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 10
- Latest action
- Jul 17, 2026
What it does
The SAFE Banking Act of 2026 would create federal protections for financial institutions that provide services to state-sanctioned marijuana businesses and related service providers, shielding them from adverse actions by federal banking regulators solely due to such relationships. It establishes a safe harbor preventing termination of deposit insurance, penalties, or discouragement of services based on involvement with these businesses, and clarifies that proceeds from state-legal marijuana activities are not subject to federal money laundering prohibitions under certain conditions. The bill also extends similar protections to hemp-related businesses and service providers, and includes…
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.