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Senate Majority Leader Chuck Schumer (D-NY) proposed the Cannabis Administration and Opportunity Act that would, in addition to legalizing cannabis, implement a federal excise tax on marijuana starting at 10 percent and rising to 25 percent by the fifth year, which would be in addition to the state and local taxes and additional taxes and ...
The bill was introduced in the United States Senate on July 21, 2022 as S.4591. [9] [10] In addition to decriminalizing cannabis at the federal level, the bill would expunge federal cannabis-related criminal records. It would add new funding for law enforcement to go after illegal marijuana operations. [9]
[52] [53] A special order on the bill received two thirds majority vote of the state senate on February 7, bypassing further committees and debate before a full floor vote. [54] [55] The bill was passed by the senate on February 14. [56] Kentucky HB 420 to legalize and regulate cannabis for adult use was introduced by Keturah Herron on January ...
Most banks in the country do not service cannabis companies as marijuana remains illegal at the federal level despite several states legalizing its medicinal and recreational use. "Forcing legal ...
U.S. Senator Cory Booker (D-N.J.), Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Finance Committee Chair Ron Wyden (D-Ore.) introduced the Cannabis Administration and Opportunity Act on...
Senate Republicans on Wednesday defeated a bill calling on the Department of Veterans Affairs (VA) to research marijuana as a remedy for post-traumatic stress disorder and chronic pain. Senators ...
The bill was introduced in the Senate February 4, 2021, by Senators Dianne Feinstein (D) of California, Brian Schatz (D) of Hawaii, and Chuck Grassley (R) of Iowa as S.253; [2] [3] it was forwarded unanimously by the Senate Committee on the Judiciary and passed by Senate unanimously on March 24, 2022. [4]
On February 4, Senate Majority Leader Chuck Schumer said that his Cannabis Administration and Opportunity Act (CAOA) would be introduced in April; [138] it was postponed to an unspecified date later in 2022. [139] The bill was introduced in the United States Senate on July 21, 2022. [140] [141] S.4503 Intelligence Authorization Act for Fiscal ...