Tag #States 2.0 Act

What immediate actions will the PREPARE Act trigger if passed, and what are the direct consequences for the federal government?

Representatives Hakeem Jeffries and Dave Joyce introduced the PREPARE Act, a bipartisan bill aiming to federally legalize cannabis by creating a commission to regulate it like alcohol. The bill, if passed, would direct the attorney general to form this commission within 30 days, requiring a report within a year. This commission will study various aspects, including state regulations, product safety, and banking.