Banks can serve legal pot shops without government punishment.
H.R. 9471 — SAFE Banking Act of 2026 · Filed by David Joyce (R-OH) · 9 cosponsors · Introduced Jun 25, 2026 · Referred to committee
Your members of Congress
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What it does
This bill lets banks work with pot and hemp shops that follow state law. Banks get protection from government regulators. Regulators cannot shut them down or punish them for serving these shops. Mortgage lenders can count pot shop money as income. People can use this income to get home loans. Government agencies must write clear rules about serving these shops within 180 days.
Who it affects
People who own legal pot or hemp shops gain bank accounts and loans. Banks and mortgage lenders can serve these shops without fear. Citizens in states with legal pot can use banks instead of only cash.
One thing to notice
Government agencies have 180 days to write rules for a new area of banking.
From the analysis of the bill text, linked under Primary records below.
Where it stands
9 cosponsors: 5 Democrats, 4 Republicans.
- Jun 25, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jun 25, 2026 — Referred to House Committee on Veterans' Affairs and House Committee on the Judiciary · Congress.gov: “Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and…”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
8 groups reported lobbying about this bill. They filed 9 reports from Jun 2026 to Jun 2026.
Those reports show $15,445,000 in lobbying spending. Each report lists about 7 bills. So that money was not all for this bill.
More groups named this bill than 88% of bills with any report.
David Joyce, who sponsored the bill, received $978,500 from PACs for the 2026 election.
- National Association of Realtors — $14,580,000 in 1 report
- Reinsurance Assn of America — $710,000 in 2 reports
- The Us Cannabis Roundtable — $80,000 in 1 report
- United States Cannabis Roundtable — $45,000 in 1 report
- National Assn of State Treasurers (nast) — $20,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- regulators — Government workers who make and enforce rules for banks.
- mortgage lenders — Companies that loan money to people to buy homes.
- government agencies — Offices of the government that make rules and enforce them.
- hemp — A plant used to make products like rope, cloth, and oil.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
How this was measured
Analysis — Quorum's AI read the full bill text on Jul 2, 2026; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 23, 2026 · page rendered 2026-09-23.
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