Below are the cannabis-related bills that have been introduced in the U.S. Senate and are considered priority legislation by NCIA. Following the legislative summary, you will find information about members of the Senate who are supporting NCIA priority legislation.
S.776: Marijuana Revenue and Regulation Act
Amends the Internal Revenue Code of 1986 to provide for the taxation and regulation of marijuana products, and for other purposes.
Sponsors: Sen. Ron Wyden* (D-OR)
S.777: Small Business Tax Equity Act of 2017
Amends the Internal Revenue Code to exempt a trade or business that conducts marijuana sales in compliance with state law from the prohibition against allowing business-related tax credits or deductions for expenditures in connection with trafficking in controlled substances.
Co-sponsors (* = Original co-sponsor): Sens. Ron Wyden (D-OR), Jeff Merkley (D-OR)*, Rand Paul (R-KY)*, Michael Bennet (D-CO)*, Sen. Patty Murray (D-WA)*, Cory Gardner (R-CO)
S.780: Responsibly Addressing the Marijuana Policy Gap Act
A bill to amend the Controlled Substances Act to reduce the gap between Federal and State marijuana policy, and for other purposes.
Sponsor: Sen. Ron Wyden (D-OR)
S.1152: SAFE (Secure and Fair Enforcement) Banking Act
To create protections for depository institutions that provide financial services to marijuana-related legitimate businesses, and for other purposes.
Co-sponsors (* = Original co-sponsor): Sens. Ron Wyden (D-OR)*, Jeff Merkley (D-OR), Rand Paul (R-KY)*, Michael Bennet (D-CO)*, Cory Gardner (R-CO)*, Patty Murray (D-WA)*, Elizabeth Warren (D-MA)*, Bernie Sanders (I-VT), Lisa Murkowski (R-AK), Catherine Cortez Masto (D-NV)*, Brian Schatz (D-HI)*, Sen. Mazie K. Hirono (D-HI)
S.1374: Compassionate Access, Research Expansion, and Respect States (CARERS) Act of 2017
Extends the principle of federalism to State drug policy, provides for state-sanctioned medical access to marijuana, enables research into the medicinal properties of marijuana, solves banking crisis, addresses CBD oil.
Sponsor: Sen. Cory Booker (D-NJ)