,i #aac? ,,congress #a/ ,session ,h4 ,r4 #bfeb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #aj1 #bjac ,mr4 ,p]lmutt] 7= himself1 ,mr4 ,heck ( ,wa%+ton1 ,mr4 ,mc,dermott1 ,mr4 ,blum5au]1 ,mr4 ,polis1 ,mr4 ,smi? ( ,wa%+ton1 ,mr4 ,f>r1 ,mr4 ,kilm]1 ,mr4 ,moran1 ,ms4 ,norton1 ,mr4 ,capuano1 ,ms4 ,del,bene1 ,mr4 ,c(fman1 ,ms4 ,de,gette1 ,mr4 ,de,fazio1 ,mr4 ,l[5?al1 ,ms4 ,p+ree ( ,ma9e1 ,mr4 ,rohraba*]1 & ,ms4 ,s*ak[sky7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ! ,judici>y1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to create protections = depository in/itutions t provide f9ancial s]vices to m>ijuana-relat$ bus9esses4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,m>ijuana ,bus9esses ,access to ,bank+ ,act ( #bjac4 #b4 ,safe h>bor = depository in/itutions ,a ,f$]al bank+ regulator may n-- 7#a7 t]m9ate or limit ! deposit insurance ( a depository in/itution "u ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahaa et seq47 solely because ! depository in/itution provides or has provid$ f9ancial s]vices to a m>ijuana-relat$ legitimate bus9ess2 7#b7 prohibit1 p5alize1 or o!rwise disc\rage a depository in/itution f provid+ f9ancial s]vices to a m>ijuana-relat$ legitimate bus9ess2 7#c7 recomm5d1 inc5tivize1 or enc\rage a depository in/itution n to (f] f9ancial s]vices to an individual1 or to d[ngrade or cancel ! f9ancial s]vices (f]$ to an individual solely because-- 7,a7 ! individual is a manufactur] or produc]1 or is ! own] or op]ator ( a m>ijuana-relat$ legitimate bus9ess2 7,b7 ! individual lat] becomes an own] or op]ator ( a m>ijuana-relat$ legitimate bus9ess2 or 7,c7 ! depository in/itution 0 n aw>e t ! individual is ! own] or op]ator ( a m>ijuana-relat$ legitimate bus9ess2 & 7#d7 take any action on a loan to an own] or op]ator (-- 7,a7 a m>ijuana-relat$ legitimate bus9ess2 or 7,b7 real e/ate or equipm5t t is leas$ to a m>ijuana-relat$ legitimate bus9ess4 #c4 ,protections "u ,f$]al law 7a7 ,inve/igation & prosecution ,a depository in/itution t provides f9ancial s]vices to a m>ijuana-relat$ legitimate bus9ess1 & ! (fic]s1 directors1 & employees ( t depository in/itution1 %all be immune f ,f$]al crim9al prosecution or inve/igation = provid+ ^? s]vices4 7b7 ,f$]al crim9al law ,a depository in/itution t provides f9ancial s]vices to a m>ijuana-relat$ legitimate bus9ess may n be held liable pursuant to any ,f$]al crim9al law solely = provid+ ^? s]vices or = fur!r inve/+ any income d]iv$ f su* s]vices4 7c7 ,=feiture ,a depository in/itution t has a legal int]e/ 9 ! collat]al = a loan made to an own] or op]ator ( a m>ijuana-relat$ legitimate bus9ess1 or to an own] or op]ator ( real e/ate or equipm5t t is leas$ to a m>ijuana-relat$ legitimate bus9ess1 %all n be subject to crim9al1 civil1 or adm9i/rative =feiture ( t legal int]e/ pursuant to any ,f$]al law = provid+ su* loan4 #d4 ,rule ( con/ruction ,no?+ 9 ?is ,act %all require a depository in/itution to provide f9ancial s]vices to a m>ijuana-relat$ legitimate bus9ess4 #e4 ,exemption f fil+ suspici\s activity reports ,section #ecah7;g7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,exemption = m>ijuana-relat$ legitimate bus9esses 7,a7 ,9 g5]al ,! ,secret>y %all n require a depository in/itution1 & any director1 (fic]1 employee1 or ag5t ( a depository in/itution1 to report a transaction z suspici\s solely because a p>ty to ! transaction is a m>ijuana-relat$ legitimate bus9ess4 7,b7 ,def9itions ,9 ?is p>agraph1 ! t]ms depository in/itution & m>ijuana-relat$ legitimate bus9ess h ! mean+s giv5 su* t]ms 9 ! ,m>ijuana ,bus9esses ,access to ,bank+ ,act ( #bjac4 4 #f4 ,def9itions ,9 ?is ,act3 7#a7 ,depository in/itution ,! t]m depository in/itution means-- 7,a7 a depository in/itution z def9$ 9 section #c7;c7 ( ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac7;c772 7,b7 a ,f$]al cr$it union z def9$ 9 section #aja ( ! ,f$]al ,cr$it ,union ,act 7#ab ,u4,s4,c4 #ageb72 or 7,c7 a ,/ate cr$it union z def9$ 9 section #aja ( ! ,f$]al ,cr$it ,union ,act 7#ab ,u4,s4,c4 #ageb74 7#b7 ,f$]al bank+ regulator ,! t]m ,f$]al bank+ regulator means ea* ( ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 ! ,bureau ( ,consum] ,f9ancial ,protection1 ! ,f$]al ,deposit ,insurance ,corporation1 ! ,(fice ( ! ,comptroll] ( ! ,curr5cy1 ! ,national ,cr$it ,union ,adm9i/ration1 or any ag5cy or dep>tm5t t regulates bank+ or f9ancial s]vices1 z det]m9$ by ! ,secret>y ( ! ,treasury4 7#c7 ,f9ancial s]vice ,! t]m f9ancial s]vice means a f9ancial product or s]vice z def9$ 9 section #ajjb ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ab ,u4,s4,c4 #edha74 7#d7 ,manufactur] ,! t]m manufactur] means a p]son :o manufactures1 comp\nds1 conv]ts1 processes1 prep>es1 or packages m>ijuana or m>ijuana products4 7#e7 ,m>ijuana-relat$ legitimate bus9ess ,! t]m m>ijuana-relat$ legitimate bus9ess means a manufactur]1 produc]1 or any p]son t-- 7,a7 p>ticipates 9 any bus9ess or organiz$ activity t involves h&l+ m>ijuana or m>ijuana products1 includ+ sell+1 transport+1 display+1 disp5s+1 or di/ribut+ m>ijuana or m>ijuana products2 & 7,b7 engages 9 su* activity pursuant to a law e/abli%$ by a ,/ate or a unit ( local gov]nm5t4 7#f7 ,m>ijuana ,! t]m m>ijuana has ! mean+ giv5 ! t]m m>ihuana 9 section #ajb ( ! ,controll$ ,sub/ances ,act 7#ba ,u4,s4,c4 #hjb74 7#g7 ,m>ijuana product ,! t]m m>ijuana product means any article :i* conta9s m>ijuana1 includ+ an article :i* is a conc5trate1 an edible1 a t9cture1 a m>ijuana-infus$ product1 or a topical4 7#h7 ,produc] ,! t]m produc] means a p]son :o plants1 cultivates1 h>ve/s1 or 9 any way facilitates ! natural gr[? ( m>ijuana4 7#i7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 ,pu]to ,rico1 & any t]ritory or possession ( ! ,unit$ ,/ates4