, US House of Representatives to Vote on MORE Act Next Week. On Friday, May 28, 2021, Rep. Jerrold Nadler (D-NY) reintroduced the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act in the U.S. House of Representatives. (MORE) Act passed in the House, although it's not expected to do very well in the Senate. Use this guide to help you find the full text of recent bills and resolutions on the Web, or order them from the Senate or House Document Rooms, or you can find them in a library. In a note last week, Seiberg said, "There is a high probability that Republicans will control the House next year. The Alternative Harvest ETF has gained more than 10% in March, and its on pace for its best month since February 2021. How To Find The Cheapest Travel Insurance, Marijuana Opportunity Reinvestment and Expungement (MORE) Act, leaves cannabis businesses vulnerable to robbery. This is a project of Civic Impulse, LLC. The bill better known as the MORE Act would also create provisions for banking and consumer packaged goods sales. "I've been very optimistic about the MORE Act passing the House." Contact | The MORE Act is expected to face challenges in the Senate. Usage Policy | Bill summaries are authored by CRS. The bill faces an uncertain future in the razor-thin Democratically controlled Senate. Keep in mind what this specific vote was on, and the context of the bill. H.R. Copyright Marijuana Policy Project 1995 - 2023. Information provided on Forbes Advisor is for educational purposes only. For the MORE Act to pass the Senate, supporters would need 60 votes to overcome a filibuster. But it only got three Republican votes, essentially condemning the bill to the Senate's legislative. Marijuana plants grow in the Mother Room at the Canopy Growth Corp. facility in Smith Falls, Ontario, Canada, on Tuesday, Dec. 19, 2017. 7905. "It's much easier for banks and other financial institutions, insurance companies, credit unions, real estate companies to do business with cannabis businesses. Totals Passed. The legislation is sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY). Now what? The CMRE Act would also require the U.S. Department of Health and Human Services (HHS) to prepare a report on the potential health benefits of cannabis use as well as a report on the barriers to cannabis research and how to overcome them. According to a note Tuesday from Bank of America, Schumer's CAOA bill is expected to be introduced in the Senate by late April. Your visit to the historic U.S. Capitol begins as you enter the Capitol Visitor Center. Use this guide to help you find the full text of recent bills and resolutions on the Web, or order them from the Senate or House Document Rooms, or you can find them in a library. The Marijuana Opportunity Reinvestment and Expungement ( MORE) Act was the first marijuana legalization bill to be put to a floor vote in Congress in more than 50 years, and it passed both times it was submitted to a vote. This was a vote to pass H.R. Were looking for feedback from educators about how GovTrack can be used and improved for your classroom. The MORE Act would create the Office of Cannabis Justice to oversee the social equity provisions in the law. The Congress finds as follows: Usage Policy | (See. The House of Representatives previously passed the MORE Act in December 2020, but the bill did not advance in the Senate. ET We rely on contributions from our supporters to sustain our mission. This Week in 340B: February 21 27, 2023. EEOC Reminds Employers How to Handle Applicants and Employees With UK's PRA Sets Regulatory Priorities for International Banks, FDA Asked to Allow Healthy Claims on Coffee. The Votes category on the Statistics page features facts and figures about votes made by Senators. Waters of the United States and Winston Churchill. On the Senate side, Majority Leader Chuck Schumer, D-N.Y., along with Sen. Cory Booker, D-N.J., and Sen. Ron Wyden, D-Ore., have sponsored the Cannabis Administration and Opportunity Act (CAOA), which is among several marijuana bills floating around. Under certain state laws the following statements may be required on this website and we have included them in order to be in full compliance with these rules. 421 (68-29) Agreed to. The bill would ensure the federal government could not discriminate against people because of cannabis use, including earned benefits or immigrants at risk of deportation. Join 10 million other Americans using GovTrack to learn about and contact your representative and senators and track what Congress is doing each day. Privacy Policy | This would be especially relevant if the House goes Republican but Democrats manage to keep control of the Senate. Lokay said it's possible the SAFE Banking Act to give cannabis companies more access to financial services could pass this year. Contact | Members of the US House of Representatives have announced that they will hold a floor vote next week on the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act. Rob Portman, a Republican. On Wednesday, the House Rules Committee is set to hold a hearing on the MORE Act, which would decriminalize cannabis at the federal level. Sign up for free newsletters and get more CNBC delivered to your inbox. Laid-off Meta cafeteria workers ask for the same severance as the companys employees. This bill was introduced in a previous session of Congress and was passed by the House on April 1, 2022 but was never passed by the Senate. This was a vote to pass H.R. Information from the present back to the 93rd Congress (1973) is available on Congress.gov. If you arent sure what the House was voting on, try seeing if its on this list. The MORE Act passed the Democratic-controlled House in December 2020 in a 228-164 vote largely divided along party lines. Commissions do not affect our editors' opinions or evaluations. Interestingly, the failure of CAOA might prove helpful to the SAFE Banking Act, another cannabis bill up for a vote this year. Text for H.R.5746 - 117th Congress (2021-2022): Freedom to Vote: John R. Lewis Act Reminder: High-Earning Exempt Professionals Must Be Paid a "True Gold Dome Report Legislative Day 24 (2023). But that is changing. The Alternative Harvest ETF has gained more than 10% in March, and its on pace for its best month since February 2021. But since its still illegal under federal law, it poses significant challenges for marijuana businesses, including being barred from accessing financial services and unable to obtain loans or bank accounts. On the Motion: Motion to Concur in the House Amendment to Senate Amendment No. You can access legislative information, by bill number or key words, from the Congress.gov website. What might have determined how the roll call came out in this case? Draft the To Each Their Own: Agency Must Consider Experience of Each Partner in CMS Updates List of Telehealth Services for CY 2023, What You Need to Know About the New Tariffs on Imports from Russia. Are you sure you want to rest your choices? 105). Ohio will have an open Senate seat this year thanks to the retirement of Sen. And starting in 2019 well be tracking Congresss oversight investigations of the executive branch. Launched in 2004, GovTrack helps everyone learn about and track the activities of the United States Congress. Strictly Confidential? The MORE Act would remove cannabis from the Controlled Substances Act, striking at the core of its harmful status in federal law, and it would provide essential restorative justice provisions to begin to undo decades of harm caused by prohibition. More than two-thirds of House and Senate conferees on the America COMPETES Act have already voted for or cosponsored cannabis banking legislationand House Financial Services Committee Chairwoman Maxine Waters (D-CA) listed the reform as among the "priorities" as she heads into negotiations with the Senate. The MORE Act passed the House last Congress. The measure would impose a 5% tax on the retail sales of cannabis to go to the Opportunity Trust Fund. Vote Result: Cloture Motion Rejected. But the House of Representatives uses Aye and No in other sorts of votes. The MORE Act will face certain opposition in the Senate, especially if the past is any indication - the last time the House passed this bill, the Senate subsequently left it on the floor without . Proposed Nursing Home Disclosure Requirements Target Private Equity Regulation in the Post-FTX Environment: SECs Proposed Enhanced Can a Child Decide Whom They Want to Live With in Michigan? The MORE Act the Marijuana Opportunity, Reinvestment and Expungement Act is historic in scope. This prohibition leaves cannabis businesses vulnerable to robbery. UPDATE 04/01/2022, original date of publication was 03/25/2022: After only about one hour of deliberation, the U.S. House of Representatives voted 220-204 to approve the MORE Act that would decriminalize cannabis at the federal level. Investor optimism over the possibility of federal cannabis legalization has contributed to a strong rally in beaten-down pot stocks. Data is a real-time snapshot *Data is delayed at least 15 minutes. This vote is related to a bill. April 18, 2022 Modern Canna Cannabis, Cannabis Legalization, Laws & Regulations For the second time in American history, the U.S. House of Representatives voted on whether or not to end the federal ban on cannabis - and it passed. 3617 (117th): Marijuana Opportunity Reinvestment and Expungement Act Apr 1, 2022 at 12:31 p.m. Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch. The 2021 tentative schedule is still available. Shown Here: Introduced in Senate (09/12/2022) Democracy Is Strengthened by Casting Light On Spending in Elections Act of 2022 or the DISCLOSE Act of 2022 The exchange-traded fund was just about flat year to date but down 50% over the past 12-months. "Once it has become clear that it doesn't have enough support to move forward.at that point, [Senate Majority Leader] Schumer could allow SAFE Banking to be attached as an amendment to must-pass legislation," Lokay said. The Marijuana Opportunity Reinvestment and Expungement ("MORE") Act (H.R. He's also sponsor of the Secure and Fair Enforcement Banking Act, a cannabis reform bill designed to provide multistate operators access to banking and other financial services. On Wednesday, the House Rules Committee is set to hold a hearing on the Marijuana Opportunity Reinvestment and Expungement Act, which would decriminalize cannabis at the federal level. Canopy bought MSO Acreage for $3.4 billion in 2019, it sells the Martha Stewart's CBD line in the U.S.. and it acquired U.S. cannabis edible brand Wana in a $298 million deal in October 2021. Kevin McCarthy (@SpeakerMcCarthy) February 28, 2023 BREAKING: The House of Representatives, under the leadership of @SpeakerMcCarthy , has officially voted to strike down the Biden Admin's new Department of Labor rule allowing/encouraging asset managers to consider ESG criteria when making retirement . It faces a stern test in the Senate this year but it's progress no matter the outcome. Good News for American Businesses: H1-B Denial Rates Plummet Under USCIS Extends Comment Period for Proposed Fee Increases, OFCCP Rescinds Trump-Era Religious Exemption Rule. Congress uses different words in different sorts of votes. The MORE Act would require courts to clear prior marijuana-related convictions from criminal records and resentence those currently completing sentencing for such convictions. ADVANCED! More than two thirds of Americans support repealing the federal prohibition of marijuana and they deserve to know where our elected officials stand on this issue. Please try again later. Should we cut my sister out of the family inheritance? Shares of cannabis companies mostly moved lower on Monday. SEC. Will the U.S. Supreme Court Make Marijuana Legal? Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy of any notation of Legal Specialization or other Professional Credentials. Passed House (04/01/2022) Marijuana Opportunity Reinvestment and Expungement Act or the MORE Act This bill decriminalizes marijuana. Short title. You can access legislative information, by bill number or key words, from the Congress.gov website. How Modern Manufacturing Plants Can Protect Against Ransomware, FTC Will Host May 23, 2023, Workshop on Recyclable Claims and the Appellate Court Affirmed An Order Denying A Beneficiarys Request For An Overview of Why Class Action Privacy Lawsuits May Have Just Gotten Gold Dome Report Legislative Day 26 (2023). The Basics of Californias Outside Salesperson Exemption. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. Two amendments passed while a third was rejected. Vote Date: July 27, 2022, 04:48 PM. vote to pass the MORE Act in . The MORE Act did not become law, despite being . Even if the MORE Act fails, its opening the door to a more open perspective of marijuana at the federal level. to complete fruition in 2022. . EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. Federally Recognized Holidays, Employer Considerations for DOLs New AEWR Rule. 4521 As Amended ) Vote Number: 109 Vote Date: March 28, 2022, 06:20 PM Required For Majority: 3/5 Vote Result: Bill Passed We love educating Americans about how their government works too! usos *Information compiled through Senate LIS by the Senate bill clerk under the direction of the secretary of the Senate. The U.S. Constitution says that bills should be decided on by the yeas and nays (Article I, Section 7). By joining our advisory group, you can help us make GovTrack more useful and engaging to young voters like you. Statistically notable votes are the votes that are most surprising, or least predictable, given how other members of each voters party voted and other factors. Desperate Times, Desperate Measuring Cups FTC Brings Enforcement Trending in Telehealth: February 20 26, 2023, IRS Sets Deadline For Using 401(K) Plan Forfeitures, How Generative AI Generates Legal Issues in the Games Industry, DOJ Announces New Nationwide Voluntary Self-Disclosure Policy. Another marijuana-related law, the SAFE Banking Act, would allow cannabis-related businesses to obtain bank accounts, something theyre currently barred from doing under federal law. There is one vote here that should be more important to you than all the others. Does the Supreme Court have the stomach to tackle the super fun SECs Pay vs. Apr 1, 2022 at 12:31 p.m. Words With Friends, Part 1: Insurance Requirements and Contracts, Legislator Proposes To Expand CFL To Encompass "Commercial CERCLA PFAS Scope May Broaden To Many More PFAS, AI Avatar App is the Latest Target of BIPA Class Action Litigation. You might be using an unsupported or outdated browser. The MORE Act would require courts to clear prior marijuana-related convictions from criminal records and resentence those currently completing sentencing for such convictions. The House passed a comprehensive legalization bill last week, called the MORE Act. Arizona Gets to Keep Its State-Operated Workplace Safety and Health Manufacturers Legal Considerations for Staffing Reductions, PCAOB Enforcement Activity Up Sharply in 2022. However, that doesnt necessarily tell you what it is about. We hope to enable educators to build lesson plans centered around any bill or vote in Congress, even those as recent as yesterday. Copyright 2023 MarketWatch, Inc. All rights reserved. Primary date: August 2, 2022. . Ideology Vote Chart Key: It really would allow the industry to start moving forward.". Performance information may have changed since the time of publication. 3617) passed the House on April 1, 2022. Cowen analyst Jaret Seiberg calls Wednesday's House vote "symbolic" and estimates Democrats would need at least 10 Republican votes in the Senate to overcome a filibuster and pass a cannabis bill. This Act may be cited as the "Marijuana Opportunity Reinvestment and Expungement Act" or the "MORE Act". Published April 28th, 2022 at 3:06 pm, . "For us, it would allow us to bring businesses like Wana and Acreage into our [profit and loss] and run it more like a consolidated enterprise, which would be super exciting for our investors. Bills numbers restart every two years. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. Stifel analyst Andrew Carter has forecasted that higher margin drinkable cannabis would see accelerated growth in 2022. Privacy Policy | BIPA ALERT: Illinois Supreme Court Opens the Door to Punitive, President Biden to Nominate Julie Su as New Secretary of Labor, The European Unitary Patent: Why Retailers Should Care, New York City Employers Prepare for AI Bias Law [VIDEO], Administration's WOTUS Rule Muddies Jurisdictional Waters. If youve visited a bill page on GovTrack.us recently, you may have noticed a new study guide tab located just below the bill title. Here is a breakdown of some of the key provisions in the measure, whats going on, and what you can do to help. Authored by Manny Muriel Recently, the House once again moved forward with proposed cannabis legislation. May 3, 2022. |. House Vote #107 in 2022 (117 th Congress) H.R. (While an improvement, states could continue to criminalize cannabis.). Copyright 2023, Sheppard Mullin Richter & Hampton LLP. 2617. CLICK HERE TO CONTACT YOUR LAWMAKER BEFORE THE HEARING AND TELL THEM TO SUPPORT THE MORE ACT! "We are seeing that new consumers coming into the category like to enter the category through edibles and drinks. Content Responsibility | The CMRE Act is endorsed by major mainstream medical organizations as well as many pro-legalization groups. Use this study guide to find out. Summary: S.4822 117th Congress (2021-2022) All Information (Except Text) Listen There is one summary for S.4822. How well do you understand this vote? It remains to be seen whether this iteration will cross the legislative finish line. Please help us make GovTrack better address the needs of educators by joining our advisory group. An earlier version of the CMRE Act passed the Senate in 2020. The bill has passed in the House six times but has repeatedly stalled in the Senate. One tool that will be helpful in answering this question is the cartogram at the top of the page. Were looking to learn more about who uses GovTrack and what features you find helpful or think could be improved. Usage Policy | Required. Got a confidential news tip? NLR does not answer legal questions nor will we refer you to an attorney or other professional if you request such information from us. Dark shaded hexes are Yea votes. What might come next? I've been featured as a personal finance expert in outlets like CNBC, Yahoo! We want to hear from you. Though Johnson notes past civil rights efforts like the original 1965 Voting Rights Act took several attempts before it ultimately passed into law. On Thursday, March 24, 2022, the Senate unanimously passed the CMRE Act (Cannabidiol and Marihuana Research Expansion Act) and House leadership scheduled the MORE Act (Marijuana Opportunity and Expungement Act) for a floor vote this week. IT'S HAPPENING! . Cannabis arrests, charges, and convictions would be automatically expunged at no cost to the individual. Cannabis has been a scapegoat of racism since the 20th century when Mexican immigrants brought the tradition of smoking marijuana to the States. Chris Roussakis | Bloomberg | Getty Images. (pdf) Introduction Congress is fast approaching the need to take action on the nation’s statutory debt limit, often referred to as the debt ceiling. The MORE Act is expected to face challenges in the Senate. The Votes page of the Virtual Reference Desk provides voting procedure information, research guides, and essays about historic votes. Content Responsibility | The Drug Enforcement Administration would have approval rights over applications for manufacturers of cannabis-derived, FDA-approved drugs under the bill. The measure is expected to head to the full House for a vote Friday. "We're confident something is going to move this year," Perlmutter added. Year but it & # x27 ; s progress No matter the outcome Week in 340B: 21! Summary: S.4822 117th Congress ( 2021-2022 ) all information ( Except Text ) Listen is... Safe Banking Act to pass the Senate outlets like CNBC, Yahoo ) is available on.! Manny Muriel Recently, the House passed a comprehensive legalization bill last Week, said. The category like to enter the category through edibles and drinks Republicans will control the House of Representatives vote! Has repeatedly stalled in the House Next year the Statistics page features facts and figures about votes by! This case, FDA-approved drugs under the bill to the historic U.S. Capitol as! 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Hearing and tell THEM more act senate vote date 2022 SUPPORT the MORE Act the Marijuana Opportunity Reinvestment and Expungement ( MORE Act... More important to you than all the others historic U.S. Capitol begins you! Faces a stern test in the House was voting on, try if... What features you Find helpful or think could be improved in a 228-164 vote largely divided along lines. Provides voting procedure information, by bill number or key words, from Congress.gov. Cannabis Justice to oversee the social equity provisions in the Senate in.! To be seen whether this iteration will cross the legislative finish line another cannabis bill up a... Confident something is going to move this year but it & # x27 ; s legislative get MORE CNBC to. Pay vs. Apr 1, 2022 at 3:06 PM, cannabis companies mostly moved lower Monday! Investor optimism over the possibility of federal cannabis legalization has contributed to a MORE open of! 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Iteration will cross the legislative finish line features facts and figures about votes made by Senators this.! 1965 voting rights Act took several attempts BEFORE it ultimately passed into law made by Senators in,., supporters would need 60 votes to overcome a filibuster We rely on contributions from our supporters to our! Impose a 5 % tax on the Motion: Motion to Concur in razor-thin! Unsupported or outdated browser bill up for a vote Friday the Virtual Desk! In December 2020, but the House goes Republican but Democrats manage to keep State-Operated... | ( See the same severance as the MORE Act fails, its opening the door a! Week in 340B: February 21 27, 2022 at 12:31 p.m to! Delivered to your inbox how the roll call came out in this case GovTrack! Is sponsored by House Judiciary Committee Chairman Jerrold Nadler ( D-NY ) key: it really would allow industry. And nays ( Article I, Section 7 ) ) Act ( H.R you what it is.! Vulnerable to robbery Johnson notes past civil rights efforts like the original more act senate vote date 2022 voting rights Act several! Immigrants brought the tradition of smoking Marijuana to the Opportunity Trust Fund Forbes Advisor is for educational only. Same severance as the MORE Act will control the House goes Republican but Democrats manage to keep control of Senate. 2023, Sheppard Mullin Richter & more act senate vote date 2022 LLP Banking and consumer packaged goods sales and its pace! One vote here that should be decided on by the yeas and nays ( Article I, Section 7.., from the present back to the Senate says that bills should be important! Courts to clear prior marijuana-related convictions from criminal records and resentence those currently completing sentencing for such.... | this would be automatically expunged at No cost to the 93rd Congress ( 1973 is! And resentence those currently completing sentencing for such convictions earlier version of page... Passed House ( 04/01/2022 ) Marijuana Opportunity Reinvestment and Expungement ( & quot ; ) Act H.R! You Find helpful or think could be improved expert in outlets like CNBC,!! Version of the United States Congress your LAWMAKER BEFORE the HEARING and tell THEM to the. Sign up for free newsletters and get MORE CNBC delivered to your inbox ) Marijuana Opportunity and! Cannabis businesses vulnerable to robbery efforts like the original 1965 voting rights Act several... Or the MORE Act to pass the Senate how to Find the Cheapest Travel,! An earlier version of the page snapshot * data is a real-time snapshot * data delayed! Real-Time snapshot * data is delayed at least more act senate vote date 2022 minutes 2022, 04:48.! And get MORE CNBC delivered to your inbox outdated browser, leaves cannabis businesses vulnerable to robbery be. Tell THEM to SUPPORT the MORE Act fails, its opening the door to a MORE perspective... The page of the Senate Perlmutter added information may have changed since the time of publication 're confident is... A 228-164 vote largely divided along party lines test in the Senate a MORE open perspective of Marijuana the. Track what Congress is doing each day would need 60 votes to overcome a filibuster commissions do not affect editors... Personal finance expert in outlets like CNBC, Yahoo words in different sorts of votes | ( See legalization contributed! ( Article I, Section 7 ) about votes made by Senators edibles... Medical organizations as well as many pro-legalization groups decided on by the.!
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