Colorado Rep. Ed Perlmutter (D), a staunch supporter of hashish legalization in Congress, introduced Monday that he wouldn’t search reelection. Perlmutter is the creator of the SAFE Banking Act and sponsor of a number of different hashish reform payments launched within the Home of Representatives throughout his tenure.
“There comes a time if you go the torch to the following technology of leaders. I’m deeply gratified that our bench within the seventh District is deep and fortuitously we’ve a robust group of leaders who’re prepared and in a position to take up that torch.” — Perlmutter in a statement
Perlmutter was first elected to characterize the Centennial State’s seventh district in 2006 and is presently serving his eighth time period. His district was redrawn in 2012 and once more this yr.
Perlmutter is the twenty sixth Home Democrat to announce retirement from the chamber.
Perlmutter’s SAFE Banking Act — which might give hashish firms entry to conventional monetary providers because it stays federally outlawed — has been accepted 5 occasions by the Home since its introduction however has by no means acquired a vote within the Senate.
Within the assertion posted to Twitter, Perlmutter stated he was happy with “elevating the general public security danger of the cash-only hashish trade” in Colorado and “throughout the nation.”
In a tweet, the Nationwide Hashish Trade Affiliation responded to the announcement: “Thanks for every little thing, Congressman.”
The SAFE Banking Act stays in limbo within the Senate, the place it’s presently within the Committee on Banking, Housing, and City Affairs.
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