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US HR4779

US HR4779
REFER Act of 2018 Restraining Excessive Federal Enforcement & Regulations of Cannabis Act of 2018


summary

Introduced
01/11/2018
In Committee
01/17/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

REFER Act of 2018 Restraining Excessive Federal Enforcement & Regulations of Cannabis Act of 2018 This bill prohibits the use of funds made available by Congress to a federal department or agency: to restrict a state or local law that authorizes the use, distribution, possession, or cultivation of cannabis; to detain, prosecute, sentence, or initiate civil proceedings against an individual, business, or property involved in cannabis-related activities in accordance with state or local law; or to penalize a financial institution for providing financial services to a business engaged in cannabis-related activities in compliance with state or local law.

AI Summary

This bill, the Restraining Excessive Federal Enforcement & Regulations of Cannabis Act of 2018 (REFER Act of 2018), prohibits the use of federal funds to restrict state or local cannabis laws, prosecute individuals or businesses involved in legal cannabis activities, or penalize financial institutions for providing services to cannabis-related businesses operating legally under state or local law. The bill defines "financial institution" as per section 5312 of Title 31, United States Code, and "state" to include the District of Columbia, territories, possessions, and Indian tribal governments.

Committee Categories

Health and Social Services, Justice, Military Affairs and Security

Sponsors (17)

Last Action

Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. (on 01/17/2018)

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