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[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5477 Introduced in House (IH)]

<DOC>

116th CONGRESS
  1st Session
                                H. R. 5477

 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 HOUSE OF REPRESENTATIVES

                           December 18, 2019

  Ms. Clark of Massachusetts (for herself and Miss Gonzalez-Colon of 
 Puerto Rico) introduced the following bill; which was referred to the 
 Committee on Veterans' Affairs, and in addition to the Committees on 
Energy and Commerce, and the Judiciary, 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

_______________________________________________________________________

                                 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.
                                 <all>
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