A key House committee plans to vote on a bill to federally legalize marijuana on Thursday.
The Marijuana Opportunity, Reinvestment and Expungement (MORE) Act will be taken up by the House Judiciary Committee, which is chaired by the legislation’s sponsor, Rep. Jerrold Nadler (D-NY). Members were scheduled to debate and vote on the measure on Wednesday, but consideration of unrelated business ran long and the cannabis legislative action was pushed back a day.
The development comes one week after the full House voted in favor of a defense spending bill that includes an amendment that would protect banks that service state-legal cannabis businesses from being penalized by federal regulators.
While the legislation has largely stayed intact compared to the prior version that passed the chamber last year in a historic vote, there were some modest revisions that were incorporated upon its reintroduction in May.
The panel on Thursday could make additional changes before moving the measure forward. […]