FORBES: Pot Banking Bill Will Pass In House, Says NYC Congresswoman At Industry Event

Speaking at a New York City CannaGather, an industry networking event earlier this week, Rep. Carolyn B. Maloney (D-NY) was especially optimistic about the bill. “It’s really one of the most interesting pieces of legislation to watch,” she told the crowd gathered at Soho tech hub Galvanize. “I believe it will pass in the House this year.”

Considering the House has a Democratic majority, Congresswoman Maloney’s assertion is no surprise. It’s the Republican-ruled Senate where the bill could run into some roadblocks. But Maloney who was first elected to Congress in 1992, believes the Senate will also pass it. She did allow that the bill has garnered more Republican support than she and her colleagues thought it would. But it wouldn’t hurt constituents to lobby Senators for their support.

“Building that consensus, being unified in strategy and working to make it happen,” said Maloney, as she outlined what cannabis professionals and proponents need to do to facilitate the passage of the SAFE Banking Act. Still, she did acknowledge the road toward the bill becoming  law might be rocky. “It’s very easy to kill something; it’s also very hard to pass [a bill] but I think it will happen,” she underscored.

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