The bill is a joint resolution from the Montana Legislature urging the United States Congress to pass the SAFER Banking Act of 2023. This act aims to address the challenges faced by marijuana-related businesses in accessing traditional banking services due to the federal classification of marijuana as a Schedule I substance under the Controlled Substances Act of 1970. The resolution highlights the significant shift in public attitudes towards marijuana, with many states, including Montana, legalizing its use for medical and recreational purposes. It emphasizes the economic benefits that the marijuana industry brings to Montana, including substantial tax revenue that supports various state programs.

The resolution points out that the lack of access to banking services forces many marijuana businesses to operate in cash, which increases the risks of crime and regulatory evasion. The SAFER Banking Act of 2023, which has bipartisan support from Montana's Senators, seeks to prevent penalties for banks that provide services to these businesses, thereby enhancing public safety and allowing for better financial oversight. The resolution concludes by directing the Secretary of State to send copies of the resolution to key congressional leaders and the Montana Congressional Delegation.