The STATES 2.0 Act would allow states and federally recognized Indian tribes to set their own marijuana policies without federal criminal penalties, provided they comply with their state or tribal laws. The bill removes marijuana from federal drug scheduling for activities that follow state law, while maintaining federal oversight of interstate marijuana transportation to prevent it from crossing into states where it remains illegal. The legislation would exempt marijuana businesses from certain federal penalties and tax provisions, and would require the Food and Drug Administration to develop regulations for marijuana products as drugs, food, dietary supplements, or cosmetics within 180 days. The bill also directs the Comptroller General to study how marijuana legalization affects traffic safety within one year, and establishes that compliant marijuana activity would not constitute trafficking, be subject to asset forfeiture, or trigger certain tax penalties.
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