H.R. 9471

SAFE Banking Act of 2026

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Sec. 4. Protections for providing services to State-sanctioned marijuana businesses

For the purposes of sections 1956 and 1957 of title 18, United States Code, and all other provisions of Federal law, the proceeds from marijuana-related activities of a State-sanctioned marijuana business or service provider that conducts all of its marijuana-related activity in compliance with the marijuana-related law of the State, Indian Tribe, or political subdivision of the State shall not be considered proceeds from an unlawful activity solely because—

(1) the transaction involves proceeds from a State-sanctioned marijuana business or service provider; or

(2) the transaction involves proceeds from—

(A) marijuana-related activities described in section 2(19)(B) conducted by a State-sanctioned marijuana business; or

(B) activities described in section 2(17)(A) conducted by a service provider.