What will be the status of House Bill to eliminate most Federal penalties for possession of marijuana for personal use one year after its introduction?

AWESOME question Mork! Thank you sir for bringing attention to this issue! ... Here in Seattle we have the famous Hemp Fest, "where we sit around and talk" which the former President Nixon so notoriously objected to, hahaha, ohh dangerous, we Pot Heads are gonna talk ya to death, hahaha :-P ... I know what Nixon meant, but it sounds soooo silly when you say it now, haha :-D
Anyway, GREAT question man! I hope they legalize it soon man! :-D ... It would really help out an over stressed and over prescription doped up, oops, I meant prescription medicated society :-P ... It gets me how people can jack themselves up on liquor or prescriptions from their supposedly well caring doctor yet Marijuana is illegal! ... Dern big pharma!!! :-D

lucid *cough cough........cough* states

I am glad to see you Bet the same way I did Randburg ... We agree on one thing at least :-D

Just curious about the one year settlement date. If memory serves me correctly...if the bill isn't passed in this session of Congress, it's dead.

a year is a long time to tie up $H

Wouldn't a settlement date of Jan. 4, 2009 suffice? Just a suggestion for a great market Congrats!

I had difficulty anticipating all the possible outcomes when developing this question. (Hubdub is where I learn most about American politics) I anticipate this thing will be flagged for settlement before the settlement date is reached.

I suspected what you say about it being dead at the end of this session of congress as being true but because I was unsure I added the 'other' option. If it turns out to be dead then there are no other options meaning it should be settled.

Therefore the end of this session of congress should be the settlement date.

Thanks for your patience.

http://www.washingtonwatch.com/bills/show/110_HR_5843.html

Sounds good mork, again, a great market.

thx erik

AWESOME market and I am subscribed to the RSS feed on this one from the Gov website, so ANY news updates I'll get... LEGALIZE IT LEGALIZE IT :-D

@ mork (and others) -- the Settlement Date for this hasn't changed ... as far as I can tell.

The background notes: "Keep in mind that sometimes the text of one bill is incorporated into another bill, If this happens your prediction will apply to the new bill."
The link points us to House Resolution 5843.
Am I correct to assume this will have nothing to do with H.R.5842, also introduced by Rep. Frank on the same day? (there are many similarities)

Still waiting on the "new" settlement date. Will this settle before the current session of congress adjourns, or after? I've flagged and sent e-mails. both to no avail.

In reply to the end date, if you're going to go by the end of the current session of the 110th United States Congress then it'd be January 2009.

"The current US Congress is the 110th Congress. A Congressional session is two years, and the current session began in January, 2007." Source: http://wiki.answers.com/Q/What_session_is_congress_in