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SAFE Banking Act of 2026
7/13/2026, 7:44 PM
Summary of Bill S 4942
This bill, titled "A bill to create protections for financial institutions that provide financial services to State-sanctioned marijuana businesses and service providers for such businesses, and for other purposes," was introduced in the 119th Congress on June 24, 2026. It aims to establish safeguards for financial institutions that offer services to state-authorized marijuana enterprises and their service providers, along with additional unspecified objectives.
Read the Full Bill
Current Status of Bill S 4942
Bill S 4942 is currently in the status of Bill Introduced since June 24, 2026. Bill S 4942 was introduced during Congress 119 and was introduced to the Senate on June 24, 2026. Bill S 4942's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 24, 2026
Bipartisan Support of Bill S 4942
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4942
Primary Policy Focus
Alternate Title(s) of Bill S 4942
SAFE Banking Act of 2026
SAFE Banking Act of 2026
Secure And Fair Enforcement Banking Act of 2026
A bill to create protections for financial institutions that provide financial services to State-sanctioned marijuana businesses and service providers for such businesses, and for other purposes.
Comments
Sponsors and Cosponsors of S 4942
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