MORE Act Passes House Again. Most Republicans voted no, but three GOP lawmakers joined the Democratic majority in the 23-15 vote. The Senate did not give the MORE Act a hearing or a vote in 2020. The House will vote on the MORE (Marijuana Opportunity, Reinvestment and Expungement) Act as soon as next week. Recent FTC Enforcement Action Merits Cyber Insurance Coverage Review, Two Ways to Redefine & Achieve CRM Success. The Inflation Reduction Act of 2022 is up for debate on the Senate floor. Finally, decriminalizing cannabis would allow cannabis providers to practice safer business practices and partake in federally regulated business activities. The measure not only woulddecriminalize the substance,it also wouldimposean excise tax on cannabis products made in or imported into the U.S. as well as levyan occupational tax on production facilities and export warehouse. A discussion draft was released in July 2021 and an updated bill is expected to be released before the August recess. . Sen. Joe Manchin (D-W.Va.), a key centrist, told The Hill he is very much supportive of medical marijuana, though he still has concerns about legalizing recreational marijuana.. Cory Booker (D-N.J.) and Ron Wyden (D-Ore.), who are involved in the push. SAFE Banking Act. When will the Senate vote on the MORE Act 2022? Senate Majority Leader Chuck Schumer, who vowed to make marijuana legislation a priority, is working on a separate bill with Sens. California Law May Limit Hospitals Ability to Adopt The Joint Ankura CTIX FLASH Update - February 28, 2023, Ankura Cyber Threat Investigations and Expert Services. 2023 Baker Tilly US, LLP. Were optimistic that SAFE will get across the finish line, Hawkins said, noting that hes hopeful it will be included in the China competitiveness bill that goes to President Bidens desk. The Senate last held a vote-a-rama a year ago when it adopted a budget resolution for fiscal year 2022. 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. Earlier this month the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act passed in the House, although it's not expected to do very well in the Senate. IT'S HAPPENING! 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. Does the Supreme Court have the stomach to tackle the super fun SECs Pay vs. Cover Photo by manish panghal on Unsplash. As opposed to the MORE Act, the CAO Act would impose a 25% excise tax on marijuana products. "This thing with Elliot-Larsen, it changes so much. When the. To me, thats pretty shocking you would think the budget is an area where he could make a statement, she said. Specifically, it removes marijuana from the list of scheduled substances under the Controlled Substances Act and eliminates criminal penalties for an individual who manufactures, distributes, or possesses marijuana. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. The legal industry generated $25 billion in sales last year, a 43% increase over 2020, and is expected to hit $65 billion in 2030. It passed the House 220 yea votes to 204 nay votes. the House only has to vote to accept the changes to their bill versus starting the process over again. Other business practices that could become available to cannabis companies if this passes is advertising on Google ads, sending business related SMS, leveraging social media for advertising, and more. The U.S. House last month voted to rescind the District's non-citizen voting law, but the Senate failed to act before the deadline. The MORE Act simply decriminalizes it by ending the federal ban (removing it from list of federally controlled substances) and removing associated federal penalties. Another key concern facing the cannabis industry, not included in the proposed legislation, is access to banking in states where cannabis sales are legal. Law enforcement cannot afford to chase small pot offenders when violent crime is on the rise nationwide, says Carter. During his opening statement, Nadler said that the bill, if made into law, would reverse decades of injustices waged on Americans, and especially those from communities of color. Specifically, the bill would stop someone from firing, evicting or otherwise discriminating against an individual because they are LGBTQ. This website uses cookies to allow you to log into the, House -- Returned by the Committee Do Pass. We need to regularize our banking laws and our tax laws around a business that will bring in billions of dollars for users and take a lot of risk out of a system right now that is legal in some places, but illegal at the federal level, and it makes no sense.. The NLR does not wish, nor does it intend, to solicit the business of anyone or to refer anyone to an attorney or other professional. The National Law Review is not a law firm nor is www.NatLawReview.com intended to be a referral service for attorneys and/or other professionals. The bill would end federal prohibition of marijuana by removing it from the list of banned controlled substances. 3617 (117th): Marijuana Opportunity Reinvestment and Expungement Act Apr 1, 2022 at 12:31 p.m. The House had previously passed the MORE Act in December 2020, marking the first vote by a congressional chamber to legalize marijuana federally. The MORE Act was first passed by the House in December 2020 and it was read twice and referred to the Committee on Finance in the Senate. In July 2021, protestors gather to protest criminalization of cannabis and promote the MORE Act, to be voted on in the House next week. NLR does not answer legal questions nor will we refer you to an attorney or other professional if you request such information from us. If you have questions about proposed legislation, preventing fraud or would like to learn how Baker Tilly can help, please contact our team. I feel a lot more optimistic than I did last time around, MaritzaPerez, director of the Drug Policy Action office for national affairs, said in an interview with The Verge. "We have the votes," a source close to negotiations confirmed Monday. This week we'll be taking a closer look at the MORE (Marijuana Opportunity Reinvestment and Expungement) Act. Despite the fact that the vast majority of Americans are in favor of legal marijuana, there were plenty of naysayers in the House. This bill, similar to the MORE Act, would remove marijuana from the Controlled Substances Act and allow states to determine their own cannabis laws. 1 read and adopted and the bill ordered engrossed. 2023 Strassburger McKenna Gutnick & Gefsky, National Law Review, Volume XII, Number 98, Public Services, Infrastructure, Transportation, Mandatory Arbitration Agreements Remain Valid in California, Antitrust Practitioners Expect Activity With Climate Issues. 2023 - Arkansas State Legislature - webmaster@arkleg.state.ar.us. Simple Majority Required. EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. The MORE Act does not end the war on drugs; all it does is poison our children and weaken our country, said Palazzo. Marijuana has been legalized in 40% of our states, and medical marijuana is legal in 36 states. On April 1, the U.S. House of Representatives voted to legalize marijuana. He is also the assistant district attorney for Oakland County. The Inflation Reduction Act includes more than $430 billion in new spending, nearly all . Senate Votes. He followed up this statement with "Its just very encouraging that there is an appetite not just to decriminalize at the federal level, but really do restorative justice things that are very important.". A bipartisan group of senators has been trying for months to pass a marriage equality bill to protect same-sex and interracial relationships. But after the now-conservative court struck down Roe v. Wade in June tossing out nearly 50 years of precedent on reproductive rights Democrats and some Republicans are anxious about the courts plans for weakening other civil rights. If youre going to do this, get it right., In response, Nadler said: You pass this bill, and the cartels will no longer have a monopoly.. Advocates hope this time will be different. The Cannabis Administrative and Opportunity (CAO) Act, the Senate's comprehensive marijuana bill, has yet to be filed in 2022. ), a member of GOP leadership, cast doubt on its chances. The MORE Act is thought to have an uphill battle in the Senate. Currently, cannabis businesses, even those operating legally, are hindered by restrictions outlined in IRC section 280E, which prohibits businesses that sell controlled substances from deducting expenses related to those sales. If the MORE Act becomes law, it would deschedule marijuana by removing it from the list of federally banned drugs under the Controlled Substances Act. 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