Montana legislation · 2025 Regular Session
Montana SJ5: Resolution for support of federal SAFER banking act
Status: Failed, May 5, 2025
What the bill says
A joint resolution of the senate and the house of representatives of the state of montana urging the united states congress to pass the safer banking act of 2023.
From the engrossed text:
A JOINT RESOLUTION OF THE SENATE AND THE HOUSE OF REPRESENTATIVES OF THE STATE OF MONTANA URGING THE UNITED STATES CONGRESS TO PASS THE SAFER BANKING ACT OF 2023. WHEREAS, the Controlled Substances Act of 1970 makes it illegal to use or possess marijuana under federal law; and WHEREAS, marijuana is classified as a Schedule I substance, a designation that prohibits the use of marijuana for medical purposes, but attitudes toward marijuana have shifted significantly, with 38 states and territories, including Montana, legalizing or decriminalizing the use or possession of marijuana for medical or recreational purposes; and WHEREAS, a Pew Research poll shows that 61% of Americans favor nationwide legalization; and WHEREAS, marijuana was legalized in Montana by voter initiative in 2004 for medical use and in 2020 for recreational use, both with wide approval margins; and WHEREAS, Montana residents benefit considerably from the taxes collected from the marijuana industry, with over $117 million in taxes collected from $726 million in sales between January 2022 and April 2024, funding programs from mental health to wildlife habitat to veterans' affairs; and WHEREAS, states like Montana have seen an increase in marijuana-related businesses; and WHEREAS, a major barrier to marijuana-related businesses is access to capital and secure transactions via depository institutions; and WHEREAS, because of this obstacle to traditional banking services, hundreds …
Sponsors
- Kassmier, Josh (R, 13) · primary sponsor
- Seckinger, Joshua (D, 62)
Latest actions
- : (S) Filed with Secretary of State
- : (H) Signed by Speaker
- : (S) Signed by President
- : (S) Returned from Enrolling
- : (S) Sent to Enrolling
- : (H) 3rd Reading
- : (H) Scheduled for 3rd Reading
- : (H) 2nd Reading
- : (H) Scheduled for 2nd Reading
- : (H) Committee Report
Votes
- Do Concur (April 25, 2025): 65 yea, 35 nay, passed
- Do Concur (April 24, 2025): 60 yea, 40 nay, passed
- Do Pass (February 7, 2025): 35 yea, 14 nay, passed
- Do Pass (February 6, 2025): 40 yea, 9 nay, passed
Subjects: General Joint Resolution, Alcohol
Common questions
- What is SJ5?
- SJ5 is a bill in the Montana Legislature (2025 Regular Session): Resolution for support of federal SAFER banking act.
- What does SJ5 do?
- In its own words: A joint resolution of the senate and the house of representatives of the state of montana urging the united states congress to pass the safer banking act of 2023.
- What is the status of SJ5?
- Failed as of May 5, 2025. Latest action: (S) Filed with Secretary of State (May 5, 2025).
- Who sponsored SJ5?
- Kassmier, Josh (R, 13), with 1 co-sponsor.
- Where is the official record for SJ5?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0206
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.