In a historic vote, the House Judiciary Committee passed a billed to federally decriminalize marijuana. The Marijuana Opportunity Reinvestment and Expungement Act (or MORE Act) would deschedule marijuana, allow states to set their own laws and require federal courts to expunge many marijuana offenses. It would also include a 5% equity tax.
CBS, Congress.gov
- Committee chair Rep. Jerrold Nadler predicted it would get a House Floor vote, where it is likely to pass, by the end of this Congress (Dec. 2020.)
Marijuana Moment - It’s prospects are much less certain in Majority Leader Mitch McConnell’s (R) Senate.
- Canna Law Blog adds some context.
