Simple Majority Another marijuana-related law, the SAFE Banking Act, would allow cannabis-related businesses to obtain bank accounts, something theyre currently barred from doing under federal law. Summary: S.4822 117th Congress (2021-2022) All Information (Except Text) Listen There is one summary for S.4822. The list below identifies expected non-legislative periods (days that the Senate will not be in session). Content Responsibility | The measure is expected to head to the full House for a vote Friday.. Marc Benioffs Salesforce fairy tale is crumbling down around him, NIO stock swings lower after reporting losses that were much wider than expected, Amid layoffs, Salesforce reportedly has been paying Matthew McConaughey more than $10 million a year, Saturday Night Live star Chloe Fineman says Lorne Michaels gave her the best financial advice, Teslas stock falls 5% as Elon Musks Master Plan 3 is short on details about both cars and finances. Members of the US House of Representatives have announced that they will hold a floor vote next week on the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act. The Forbes Advisor editorial team is independent and objective. The AdvisorShares Pure US Cannabis ETF Leadership in the Senate is preparing to introduce a separate bill with similar aims. How well do you understand this vote? A cartogram is a stylized map of the United States that shows each district as an identical hexagon. Are you sure you want to rest your choices? You are encouraged to reuse any material on this site. Get this delivered to your inbox, and more info about our products and services. Dec 22. The visitor's center is located below the East Plaza of the Capitol between Constitution and Independence Avenues. But they're dropped nearly 8% year to date, and they're down 74% in the past 12 months. The CMRE Act would also require the U.S. Department of Health and Human Services (HHS) to prepare a report on the potential health benefits of cannabis use as well as a report on the barriers to cannabis research and how to overcome them. The bill faces an uncertain future in the razor-thin Democratically controlled Senate. According to a note Tuesday from Bank of America, Schumer's CAOA bill is expected to be introduced in the Senate by late April. The Basics of Californias Outside Salesperson Exemption. The measure would impose a 5% tax on the retail sales of cannabis to go to the Opportunity Trust Fund. Passing with a vote of 220-204, the MORE Act does not have overwhelming bipartisan support, with only 3 Republican representatives backing the bill. Vote Number: 272. We hope to enable educators to build lesson plans centered around any bill or vote in Congress, even those as recent as yesterday. Shares of cannabis companies mostly moved lower on Monday. Hackers/journalists/researchers: See these open data sources. US Executive Branch Update February 28, 2023. Its an open protocol, which means it does not have an owner using the platform EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. Do Issuers Fail To File Form Ds Because They Fear Trolls? The MORE Act would remove cannabis from the Controlled Substances Act, striking at the core of its harmful status in federal law, and it would provide essential restorative justice provisions to begin to undo decades of harm caused by prohibition. Here is a breakdown of some of the key provisions in the measure, whats going on, and what you can do to help. Presented to enlighten, amuse, and inform, our new Senate history blog explores the forces, events, and personalities that have shaped the modern Senate. House Vote #107 in 2022 (117 th Congress) H.R. Floor Activity Daily Digest (latest issue) Congressional Record (latest issue, PDF) Senate Floor Proceedings, 2014 to Present Scheduled Hearings Today, Feb. 11, 2023 No committee hearings scheduled Monday, Feb. 13, 2023 Rules and Administration 5:45 PM S-219 He's also sponsor of the Secure and Fair Enforcement Banking Act, a cannabis reform bill designed to provide multistate operators access to banking and other financial services. 3617 (117th) in the House. Currently, 37 states have legalized cannabis for medical use, and 18 have legalized it for both medical and recreational use. On Passage of the Bill in the House. The Drug Enforcement Administration would have approval rights over applications for manufacturers of cannabis-derived, FDA-approved drugs under the bill. Simple Majority Required. Please ask your representative for a yes vote on MORE if it is called for a vote. Specifically, it removes marijuana from the list of scheduled substances under the Controlled Substances Act and eliminates criminal penalties for an individual who manufactures, distributes, or possesses marijuana. Attorney Advertising Notice: Prior results do not guarantee a similar outcome. However, he said the House debate could prove insightful with midterm elections looming this November. I cover what's going on in the news and how it affects your bottom line. Editorial Note: We earn a commission from partner links on Forbes Advisor. Privacy Policy | Totals Passed. 4521 As Amended ) Vote Number: 109 Vote Date: March 28, 2022, 06:20 PM Required For Majority: 3/5 Vote Result: Bill Passed Litigation Setback for Employers Under Illinois Biometric Information Senate Committee Holds Hearing on Future of Low Carbon Transportation North Carolina Senate Passes Compassionate Care Act at Exactly 4:20 States and Feds Signal Big Changes to Telehealth Prescribing. Information from the present back to the 93rd Congress (1973) is available on Congress.gov. 104). We love educating Americans about how their government works too! April 18, 2022 Modern Canna Cannabis, Cannabis Legalization, Laws & Regulations For the second time in American history, the U.S. House of Representatives voted on whether or not to end the federal ban on cannabis - and it passed. MPP is fighting to end cannabis prohibition and the suffering caused by the war on cannabis. to complete fruition in 2022. . Rep. Ed Perlmutter, D-Colo., told CNBC ahead of the hearing. It will now go to the Senate, where Democrats are already working to introduce their own marijuana legalization bill. Schumer and . The National Law Review is a free to use, no-log in database of legal and business articles. What trends can you see in the cartogram for this vote? Findings. "It's much easier for banks and other financial institutions, insurance companies, credit unions, real estate companies to do business with cannabis businesses. *Information compiled through Senate LIS by the Senate bill clerk under the direction of the secretary of the Senate. Advancing this legislation to deschedule marijuana and to help those individuals and communities that have borne the brunt of Americas failed prohibition is pivotal, said NORMLs Political Director Morgan Fox. On behalf of cannabis consumers nationwide and the people who have been victimized and marginalized by our misguided federal marijuana laws, we thank House Speaker Pelosi and Majority Leader Hoyer, House Judiciary Chairman Jerry Nadler, Reps. Earl Blumenauer, Jim Clyburn, Hakeem Jeffries, Barbara Lee, Sheila Jackson Lee, Ed Perlmutter, Nydia Velasquez, and many others for their steadfast support for comprehensive marijuana policy reform and for their efforts to bring this legislation to a vote.. The MORE Act, or H.R. Criminal Referrals and OSHA Violations, Part III: Industry Standards Oregon House Revenue Committee Set to Hear More About Pro-Taxpayer Buying or Selling a Small Business Government Contractor? www.senate.gov. Vote Result: Cloture Motion Rejected. Will there be amendments? The bill better known as the MORE Act would also create provisions for banking and consumer packaged goods sales. Congress makes many decisions in the process of passing legislation, such as on the procedures for debating the bill, whether to change the bill before voting on passage, and even whether to vote on passage at all. The tentative schedule for 2022 has been announced. Twitter announced the end of their free login service, unless we pay, and we are not going to pay. The Marijuana Opportunity Reinvestment and Expungement ( MORE) Act was the first marijuana legalization bill to be put to a floor vote in Congress in more than 50 years, and it passed both times it was submitted to a vote. "For us, it would allow us to bring businesses like Wana and Acreage into our [profit and loss] and run it more like a consolidated enterprise, which would be super exciting for our investors. 3617, removes marijuana from the Controlled Substances Act, facilitates expungement and resentencing for nonviolent federal marijuana convictions, promotes diverse participation in the regulated cannabis industry, and helps repair the racially and economically disparate harms caused by our nations disastrous prohibition policies. Legal cannabis sales are projected to reach $40.5 billion by 2025. Under certain state laws the following statements may be required on this website and we have included them in order to be in full compliance with these rules. 2023 Forbes Media LLC. Please sign up for our advisory group to be a part of making GovTrack a better tool for what you do. On Wednesday, the House Rules Committee is set to hold a hearing on the MORE Act, which would decriminalize cannabis at the federal level. It was the second time in U.S. history when the House voted on. The content and links on www.NatLawReview.comare intended for general information purposes only. Her practice entails matters in state and federal court, including business torts, products liability, professional liability, breach of contract, breach of fiduciary duties and allegations of unfair business practice and fraud. Were looking for feedback from educators about how GovTrack can be used and improved for your classroom. Use this study guide to find out. Stifel analyst Andrew Carter has forecasted that higher margin drinkable cannabis would see accelerated growth in 2022. Sign up for free newsletters and get more CNBC delivered to your inbox. But its a move that is overwhelmingly popular among Americans: An April 2021 poll from Pew Research found that 91% of U.S. adults think marijuana should be legal, either medically, recreationally or both at the federal level. Take a look at where this bill is in the legislative process. We want to hear from you. Join 10 million other Americans using GovTrack to learn about and contact your representative and senators and track what Congress is doing each day. You can find answers to most of the questions below here on the vote page. Usage Policy | 3617 (117th) in the House. It was most recently raised . The Speaker of the House is not required to vote in ordinary legislative proceedings, except when such vote would be decisive. In practice, this means the Speaker of the House rarely votes and only does so when it is politically useful. 107). Keep in mind what this specific vote was on, and the context of the bill. Urge your state legislators to support a compassionate medical cannabis program! Find out about congressional voting with this How to guide. The MORE Act On Friday, May 28, 2021, Rep. Jerrold Nadler (D-NY) reintroduced the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act in the U.S. House of Representatives. Some within the industry have raised concerns over the power DEA would wield over the application process, as well as ambiguity in the definitions of cannabidiol and cannabinoids in the legislation. This is the one from the 117 th Congress. Copyright 2023 MarketWatch, Inc. All rights reserved. Roll call vote results are compiled through the Senate Legislative Information System by the Senate bill clerk under the direction of the secretary of the Senate. , US House of Representatives to Vote on MORE Act Next Week. Published April 28th, 2022 at 3:06 pm, . It remains to be seen whether this iteration will cross the legislative finish line. Kevin McCarthy (@SpeakerMcCarthy) February 28, 2023 BREAKING: The House of Representatives, under the leadership of @SpeakerMcCarthy , has officially voted to strike down the Biden Admin's new Department of Labor rule allowing/encouraging asset managers to consider ESG criteria when making retirement . But the House of Representatives uses Aye and No in other sorts of votes. who voted against the MORE Act on Friday . I have a master's degree in international communication studies and I'm currently based in Paris, France. CLICK HERE TO CONTACT YOUR LAWMAKER BEFORE THE HEARING AND TELL THEM TO SUPPORT THE MORE ACT! Launched in 2004, GovTrack helps everyone learn about and track the activities of the United States Congress. Federal decriminalization of marijuana might still be a ways off, but other proposals show how the tone toward marijuana is changing. The Senate must vote on it tomorrow. All rights reserved. First Offshore Wind Energy Lease Sales in the Gulf of Mexico, Telephone and Texting Compliance News: Litigation Update February 2023. California Assembly Bill Pushes for Womens Designated Restrooms on Mississippi Legislature Takes Up Pass-Through Entity Election FTC Signals Increased Scrutiny of Technology Sector Through Understanding the Corporate Transparency Act and Ensuring Compliance. Our public interest mission means we will never put our service behind a paywall. "I've been very optimistic about the MORE Act passing the House." The bill better known as the MORE Act would also create provisions for banking and consumer packaged goods sales. According to data from Headset, drinkable cannabis currently makes up 1% of the U.S. market. Master 's degree in international communication studies and i 'm currently based in Paris, France be seen this... 3617 ( 117th ) in the past 12 months what trends can you see in the cartogram for vote. 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