Senate bill · S. 4942 (119th Congress)
SAFE Banking Act of 2026
U.S. Senate
Sponsor: Jeff Merkley (U.S. Senator for Oregon, Democratic)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
Establishes protections and a safe harbor for financial institutions and service providers that provide services to state-sanctioned marijuana businesses.
AI summary. Not an official summary. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate
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Cosponsors
7
Cosponsors listed on Congress.gov, shown A to Z.
- Republican4
- Democratic3
This bill has cosponsors from more than one party.
Shown in neutral colors by design; Agora is non-partisan.
Related bills
- H.R. 9471To create protections for financial institutions that provide financial services to State-sanctioned marijuana businesses and service providers for such businesses, and for other purposes.Identical bill
- H.R. 2891, 118th CongressRelated bill in another Congress
- S. 1323, 118th CongressRelated bill in another Congress
As identified by Congress.gov.
Full history
- Jun 24, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Jun 24, 2026
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jun 24, 2026
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jun 24, 2026
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.