A marijuana banking bill has passed the House today in a bipartisan vote, becoming the first stand-alone marijuana reform bill to ever clear a chamber of Congress, according to USA Today. Idaho 1st District Rep. Russ Fulcher voted against the bill, while Idaho 2nd District Rep. Mike Simpson voted in favor, Spokesman-Review marijuana industry reporter Kip Hill reported on Twitter.
The Secure and Fair Enforcement Banking Act of 2019 passed the House 321-103; nearly all Democrats backed the bill as did 91 Republicans.
The bill would prohibit federal banking regulators from penalizing banks that serve legitimate marijuana businesses in states where marijuana is legal.
The Senate version of the bill is sponsored by 33 senators but hasn't yet made it out of committee, though Senate Banking Committee Chairman Mike Crapo, R-Idaho, held a hearing on it on July 24.