BANK AND CREDIT UNION-CANNABIS
Summary
Creates the Cannabis Banking and Credit Union Act. Establishes a procedure to license financial institutions to provide banking services to cannabis businesses. Sets forth provisions concerning an advisory board, application and licensure, authorizations, deposit insurance, banking services, prohibited practices, and operative conditions. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2019
Committee Review
Floor Vote
Governor
Introduced Nov 5, 2019
Last action Jun 23, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
3
Jun 23, 2020
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Jan 28, 2020
Committee
Assigned to Financial Institutions Committee
lower
Nov 12, 2019
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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