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ROSEN SIGNS ONTO BIPARTISAN LEGISLATION TO REGULATE MARIJUANA LIKE ALCOHOL, REMOVE FROM SCHEDULE I

August 8, 2018
Press Release

LAS VEGAS, NV -- Today, Congresswoman Jacky Rosen (NV-03) announced her co-sponsorship of the Regulate Marijuana Like Alcohol Act (H.R. 1841), bipartisan legislation that would direct the Department of Justice to remove marijuana from the Controlled Substances Act as a Schedule 1 drug and move oversight and jurisdiction from the Drug Enforcement Agency to the Bureau of Alcohol, Tobacco, Firearms and Explosives.

“Nevada voters chose to legalize recreational marijuana in 2016, and states like Nevada have shown that allowing responsible adults to purchase marijuana legally supports our state budget, creates new jobs and businesses, and drives our economy instead of making our broken criminal justice system worse,” said Rosen. “I believe it’s time to end the federal prohibition on marijuana, start regulating this product like alcohol, and get rid of barriers for states like ours where voters have made this decision to move forward. That’s why I’m supporting this commonsense legislation, and I will continue to fight to protect and support the marijuana industry here in Nevada.”

BACKGROUND: In January, Rosen wrote to Attorney General Sessions and urged him to reverse his decision to end an Obama-era policy that effectively allowed states to legalize and regulate their own marijuana laws. Most recently, Rosen co-sponsored an amendment in the FY 2019 Interior appropriations package that would prohibit funds from being used to penalize a financial institution for serving a legitimate marijuana business. Rosen has also supported the marijuana industry by co-sponsoring:

 

  • The Respect State Marijuana Laws Act - a bipartisan bill that would prohibit federal prosecution of individuals for marijuana possession so long as they follow their state’s respective marijuana laws, effectively ending federal marijuana prosecution for cannabis businesses operating legally in Nevada.

  • The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act - a bipartisan bill that empowers states to determine the status of recreational marijuana within their borders and without federal intervention. This legislation - the House companion of the Warren-Gardner Senate bill - also ensures that legally operating marijuana business can access banking services, which are often out of reach under current law.

  • The Small Business Tax Equity Act - bipartisan legislation which would allow legal marijuana businesses that are in compliance with state law to receive the same business-related tax deductions and credits as other legal businesses.

  • The Marijuana Effective Drug Studies Act - a bipartisan bill to improve the process for conducting scientific research on marijuana as a safe and effective medical treatment by streamlining the research registration process.

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