Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Ways and Means, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The PREPARE Act establishes a federal Commission on the Federal Regulation of Cannabis to study and recommend how to transition cannabis from a federally prohibited substance to a regulated product, similar to alcohol. The commission—composed of members from federal agencies, state regulators, industry representatives, criminal justice advocates, and people previously incarcerated for cannabis offenses—must solicit public input within 60 days, hold public hearings within 180 days, and deliver initial recommendations at 120 days and final recommendations within one year of the bill's enactment. The legislation aims to address barriers to cannabis legalization and regulation, including criminal justice impacts (especially on minority communities), lack of research access, financial service restrictions for cannabis businesses, and inconsistent product safety standards. No direct funding amount is specified in the bill text; the Attorney General provides staff and administrative support. The commission has no rulemaking authority and serves only in an advisory capacity to inform Congress and the President on a potential federal regulatory framework.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.