Congresswoman Jacky Rosen (NV-03) announced her co-sponsorship of the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, a new bipartisan bill that empowers states to determine the status of recreational marijuana within their borders and without federal intervention. The legislation — which is the House companion of the recently introduced Warren-Gardner bill in the Senate — also ensures that legally operating marijuana businesses can access banking services, which are often out of reach under current law.
“In 2016, Nevada voters made a clear decision at the ballot box to legalize recreational marijuana, and the industry has brought new jobs, new small businesses, and millions of dollars in new revenue to our state,” said Rosen. “Despite states across the country successfully moving to reform their laws and regulate marijuana, President Trump’s Attorney General has continued to threaten the marijuana industry with potential federal intervention. This bill can help ensure a level playing field and access to basic banking services for the marijuana industry, protect the will of Nevada voters, and defend our rights as a state to make these regulatory decisions.”
BACKGROUND: In January, Rosen co-sponsored H.R. 975, the bipartisan Respect State Marijuana Laws Act, which would have the effect of ending federal marijuana prosecution for cannabis businesses operating legally in Nevada. Earlier this year, Rosen joined a bipartisan letter urging the House Commerce, Justice, Science Appropriations Subcommittee to include language in their Fiscal Year 2019 appropriations bill that would bar the Justice Department from prosecuting people who comply with their state’s medical marijuana laws. Last year, Rosen co-sponsored a bipartisan amendment to prohibit federal funds from being used to penalize financial institutions that serve legal marijuana businesses.