Congressman Panetta Supports SAFE Banking Act to Address Cannabis Banking Issue

WASHINGTON, DC – On Thursday, September 26, Congressman Jimmy Panetta (D-Carmel Valley) voted for the Secure and Fair Enforcement (SAFE) Banking Act of 2019, H.R. 1595, to allow cannabis-related businesses in states with existing regulatory structures to access the banking system. The legislation passed by a vote of 321 to 103.
"The current conflict between federal and California laws greatly limits the cannabis industry’s ability to access banking services. That’s why our local cannabis businesses operate on an all-cash basis that creates safety concerns for owners and employees, as well as compliance and oversight challenges," said Congressman Panetta. "The SAFE Banking Act will grant those operating legitimate cannabis businesses access to banking services available to other industries, leading to more accountability and enhanced public safety."
The SAFE Banking Act of 2019 establishes a safe harbor for any depository institution that chooses to provide banking services to a cannabis-related legitimate business that holds and maintains a license from a state or local government to engage in manufacturing, growing, or producing cannabis, as well as any business that handles, sells, transports, displays or distributes cannabis or cannabis products.

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Suspect Vehicle in King City Quadruple Homicide on March 3 Has Been Located

The Monterey County Sheriff’s Office, on behalf of the King City Police Department is informing the community that the suspect vehicle involved in a quadruple homicide that occurred Sunday, March 3 on the 200 block of North Second Street in King City, has been located and recovered. The vehicle was located in an unincorporated area of South Monterey County. The King City Police Department is receiving assistance from multiple local and federal law enforcement partners in this investigation. Based on the nature of this investigation, no further details regarding the recovery of this vehicle are being released at this time. The Monterey County Sheriff's Office and the King City PD are asking the community for their assistance in reporting any information they may know regarding this incident which tragically left 4 people dead and 7 people injured, two with critical injuries. Information can be provided by contacting the following: King City Detective Sergeant Josh Partida 831-3

3 Vehicle Accident on Highway 101 in Soledad on December 7

A 3 vehicle crash ocurred on Highway 101 Southbound near the Front Street exit in Soledad at 4:01 pm on Thursday afternoon, December 7. Minor injuries were reported as a result of the collision.

1 Vehicle Rollover Outside of King City on October 20

1 vehicle overturned off of County Road 18 and Frudden Road outside of King City at 2:34 pm on Friday afternoon, October 20. 1 occupant received injuries as a result of the crash and ended up being transported to Natividad Medical Center in Salinas to be treated. The cause of the wreck is unknown.

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