The Assembly Financial Institutions and Insurance Committee gave approval yesterday to Assembly Resolution 183, which urges Congress to pass the federal “Secure and Fair Enforcement (SAFE) Banking Act of 2017.” According to the resolution, this bill would prohibit “federal bank regulators from punishing banks that service marijuana businesses and by prohibiting federal bank regulators from discouraging banks to do business with marijuana companies”, which would “improve public safety in New Jersey and would allow marijuana businesses to fully utilize the banking services offered in the State.”
New Jersey Committee Passes Marijuana Banking Resolution
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