McConnell bill would legalize hemp as agricultural product

Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOvernight Health Care: McConnell offering bill to raise tobacco-buying age to 21 | NC gov vetoes 'born alive' abortion bill | CMS backs off controversial abortion proposal HR 1 brings successful local, state reforms to the federal level and deserves passage The Hill's 12:30 Report: Inside the Mueller report MORE (R-Ky.) announced a new bill on Monday that would legalize hemp as an agricultural product.

The Hemp Farming Act of 2018 would legalize hemp, removing it from the federal list of controlled substances and allowing it to be sold as an agricultural commodity, according to WKYT.

"Hemp has played a foundational role in Kentucky's agriculture heritage, and I believe that it can be an important part of our future," McConnell said in a statement.

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If approved, the act would allow states to control their own hemp regulations by removing federal restrictions. WKYT also reported it would give hemp researchers the ability to apply for grants through the Department of Agriculture.

McConnell announced the bill with Republican Kentucky Agriculture Commissioner Ryan Quarles. The bill is being co-sponsored by Sens. Ron WydenRonald (Ron) Lee WydenOn The Money: Inside the Mueller report | Cain undeterred in push for Fed seat | Analysis finds modest boost to economy from new NAFTA | White House says deal will give auto sector B boost Government report says new NAFTA would have minimal impact on economy Hillicon Valley: Washington preps for Mueller report | Barr to hold Thursday presser | Lawmakers dive into AI ethics | FCC chair moves to block China Mobile | Dem bill targets 'digital divide' | Microsoft denies request for facial recognition tech MORE (D-Ore.) and Rand PaulRandal (Rand) Howard PaulBooker, Harris have missed most Senate votes Trump vetoes measure ending US support for Saudi-led war in Yemen Bottom line MORE (R-Ky.)

Kentucky is currently conducting a pilot program through the Department of Agriculture to grow hemp, WDRB reported Monday.

A team at the University of Louisville began harvesting the crop on campus in 2016 to study its use as a biofuel and energy source.