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Senate Bill 3087
116th Congress(2019-2020)
A bill to prohibit the Secretary of Veterans Affairs from denying home loans for veterans who legally work in the marijuana industry on the basis of the nature of such work, and for other purposes.
Introduced
Introduced
Introduced in Senate on Dec 18, 2019
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Introduced in Senate 
Dec 18, 2019
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Introduced in Senate(Dec 18, 2019)
Dec 18, 2019
Not Scanned for Linkage
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Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
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S. 3087 (Introduced-in-Senate)


116th CONGRESS
1st Session
S. 3087


To prohibit the Secretary of Veterans Affairs from denying home loans for veterans who legally work in the marijuana industry on the basis of the nature of such work, and for other purposes.

IN THE SENATE OF THE UNITED STATES

December 18, 2019

Mr. Schumer (for Ms. Warren (for herself and Mr. Gardner)) introduced the following bill; which was read twice and referred to the Committee on Veterans' Affairs

A BILL

To prohibit the Secretary of Veterans Affairs from denying home loans for veterans who legally work in the marijuana industry on the basis of the nature of such work, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Prohibition on denial of Department of Veterans Affairs home loans for veterans who legally work in the marijuana industry.

(a) Prohibition.—In the case of a person with documented income that is derived, in whole or in part, from working in the marijuana industry in compliance with the law of the State in which the work takes place, the Secretary of Veterans Affairs may not use the fact that such documented income is derived, in whole or in part, from working in the marijuana industry as a factor in determining whether to guarantee, issue, or make a housing loan under chapter 37 of title 38, United States Code.

(b) Treatment of conduct.—

(1) IN GENERAL.—The conduct described in paragraph (2) shall—

(A) not be construed to violate section 401 of the Controlled Substances Act (21 U.S.C. 841) or any other provision of law; and

(B) not constitute the basis for forfeiture of property under section 511 of the Controlled Substances Act (21 U.S.C. 881) or section 981 of title 18, United States Code.

(2) CONDUCT DESCRIBED.—The conduct described in this paragraph is the following:

(A) The receipt by the Department of Veterans Affairs of documented income described in subsection (a).

(B) The guaranteeing, insuring, or making by the Department of a housing loan described in subsection (a) for a person described in such subsection.

(C) The conduct of a person described in subsection (a) relating solely to the application for or obtaining of a housing loan described in such subsection.

(c) Proceeds.—The proceeds from any transaction in compliance with this Act received by the Department of Veterans Affairs shall not be deemed to be the proceeds of an unlawful transaction under section 1956 or 1957 of title 18, United States Code, or any other provision of law.