,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #bbae  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #bg1 #bjag,mr4 
,p]lmutt] 7= himself1 ,mr4 ,blum5au]1   
,mr4 ,c(fman1 ,mr4 ,coh51 ,mr4 ,cony]s1 
,mr4 ,correa1 ,mr4 ,c\rtney1 ,ms4       
,de,gette1 ,mr4 ,delaney1 ,ms4          
,del,bene1 ,mr4 ,heck1 ,mr4 ,hunt]1 ,ms4
 ,jayapal1 ,mr4 ,kihu51 ,ms4 ,lee1 ,mr4 
,lewis ( ,m9nesota1 ,mr4 ,t$ ,lieu (    
,cali=nia1 ,ms4 ,mc,collum1 ,mr4        
,mc,govern1 ,ms4 ,norton1 ,mr4 ,pet]s1  
,mr4 ,pocan1 ,mr4 ,polis1 ,mr4          
,rohraba*]1 ,mr4 ,s*rad]1 ,mr4 ,%]man1  
,mr4 ,swalwell ( ,cali=nia1 ,ms4 ,titus1
 & ,mr4 ,"y ( ,alaska7 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 cannabis-relat$ legitimate bus9esses1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,secure ,& ,fair  
,en=cem5t ,bank+ ,act ( #bjag or !      
,,safe ,act ( #bjag4  #b4 ,safe h>bor = 
depository in/itutions ,a ,f$]al bank+  
regulator may n--  7#a7 t]m9ate or limit
 ! deposit insurance or %>e insurance ( 
a depository in/itution "u ! ,f$]al     
,deposit ,insurance ,act 7#ab ,u4,s4,c4 
#ahaa et seq47 or ! ,f$]al ,cr$it ,union
 ,act 7#ab ,u4,s4,c4 #agea et seq47     
solely because ! depository in/itution  
provides or has provid$ f9ancial s]vices
 to a cannabis-relat$ legitimate        
bus9ess2  7#b7 prohibit1 p5alize1 or    
o!rwise disc\rage a depository          
in/itution f provid+ f9ancial s]vices to
 a cannabis-relat$ legitimate bus9ess or
 to a ,/ate or political subdivision ( a
 ,/ate t ex]cises jurisdiction ov]      
cannabis-relat$ legitimate bus9esses2   
7#c7 recomm5d1 inc5tivize1 or enc\rage a
 depository in/itution n to (f] f9ancial
 s]vices to an acc\nt hold]1 or to      

d[ngrade or cancel ! f9ancial s]vices   
(f]$ to an acc\nt hold] solely because--
  7,a7 ! acc\nt hold] is a manufactur]  
or produc]1 or is ! own]1 op]ator1 or   
employee ( a cannabis-relat$ legitimate 
bus9ess2  7,b7 ! acc\nt hold] lat]      
becomes an own] or op]ator ( a          
cannabis-relat$ legitimate bus9ess2 or  
7,c7 ! depository in/itution 0 n aw>e t 
! acc\nt hold] is ! own] or op]ator ( a 
cannabis-relat$ legitimate bus9ess2 &   
7#d7 take any adv]se or corrective      
sup]visory action on a loan made to an  
own] or op]ator (-- 7,a7 a              
cannabis-relat$ legitimate bus9ess1     
solely because ! own] or op]ator owns or
 op]ates a cannabis-relat$ legitimate   
bus9ess2 or  7,b7 real e/ate or equipm5t
 t is leas$ to a cannabis-relat$        
legitimate bus9ess1 solely because !    
own] or op]ator ( ! real e/ate or       
equipm5t leas$ ! equipm5t or real e/ate 
to a cannabis-relat$ legitimate bus9ess4
  #c4 ,protections "u ,f$]al law  7a7 ,9
 g5]al ,9 a ,/ate or a political        

subdivision ( a ,/ate t all[s !         
cultivation1 production1 manufacture1   
sale1 transportation1 display1 disp5s+1 
di/ribution1 or pur*ase ( cannabis      
pursuant to a law or regulation ( su*   
,/ate or political subdivision a        
depository in/itution t provides        
f9ancial s]vices to a cannabis-relat$   
legitimate bus9ess1 & ! (fic]s1         
directors1 & employees ( t depository   
in/itution may n be held liable pursuant
 to any ,f$]al law or regulation--  7#a7
 solely = provid+ su* f9ancial s]vices  
pursuant to ! law or regulation ( su*   
,/ate or political subdivision2 or  7#b7
 = fur!r inve/+ any income d]iv$ f su*  
f9ancial s]vices4  7b7 ,=feiture ,a     
depository in/itution t has a legal     
int]e/ 9 ! collat]al = a loan or ano!r  
f9ancial s]vice provid$ to an own] or   
op]ator ( a cannabis-relat$ legitimate  
bus9ess1 or to an own] or op]ator ( real
 e/ate or equipm5t t is leas$ or sold to
 a cannabis-relat$ legitimate bus9ess1  
%all n be subject to crim9al1 civil1 or 

adm9i/rative =feiture ( t legal int]e/  
pursuant to any ,f$]al law = provid+ su*
 loan or o!r f9ancial s]vice4  #d4 ,rule
 ( con/ruction ,no?+ 9 ?is ,act %all    
require a depository in/itution to      
provide f9ancial s]vices to a           
cannabis-relat$ legitimate bus9ess4  #e4
 ,requirem5ts = fil+ suspici\s activity 
reports ,section #ecah7;g7 ( title #ca1 
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  7#e7 ,requirem5ts =   
cannabis-relat$ bus9esses ,a f9ancial   
in/itution or any director1 (fic]1      
employee1 or ag5t ( a f9ancial          
in/itution t reports a suspici\s        
transaction pursuant to ?is subsection &
 ! reason = ! report relates to a       
cannabis-relat$ legitimate bus9ess 7z   
def9$ 9 section #f ( ! ,secure & ,fair  
,en=cem5t ,bank+ ,act ( #bjag71 ! report
 %all comply ) appropriate guidance     
issu$ by ! ,f9ancial ,crimes ,en=cem5t  
,network4 ,! ,secret>y %all ensure t !  
guidance is consi/5t ) ! purpose & int5t
 ( ! ,secure & ,fair ,en=cem5t ,bank+   

,act ( #bjag & does n inhibit !         
provision ( f9ancial s]vices to a       
cannabis-relat$ legitimate bus9ess 9 a  
,/ate or political subdivision ( a ,/ate
 t has all[$ ! cultivation1 production1 
manufacture1 transportation1 display1   
disp5s+1 di/ribution1 sale1 or pur*ase (
 cannabis pursuant to law or regulation 
( su* ,/ate or political subdivision4  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$it ,union ,adm9i/ration1 or any     
,f$]al 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 cannabis or cannabis products4 
7#e7 ,cannabis-relat$ legitimate bus9ess
 ,! t]m cannabis-relat$ legitimate      
bus9ess means a manufactur]1 produc]1 or
 any p]son t-- 7,a7 engages 9 an        
activity describ$ 9 subp>agraph 7,b7    
pursuant to a law or regulation ( a     
,/ate1 political subdivision ( a ,/ate1 
or a ,tribal-,/ate compact2 or  7,b7    
p>ticipates 9 any bus9ess or organiz$   
activity t involves h&l+ cannabis or    

cannabis products1 includ+ cultivat+1   
produc+1 manufactur+1 sell+1 transport+1
 display+1 disp5s+1 di/ribut+1 or       
pur*as+ cannabis or cannabis products4  
7#f7 ,cannabis ,! t]m cannabis has !    
mean+ giv5 ! t]m m>ihuana 9 section #ajb
 ( ! ,controll$ ,sub/ances ,act 7#ba    
,u4,s4,c4 #hjb74  7#g7 ,cannabis product
 ,! t]m cannabis product means any      
article :i* conta9s cannabis1 includ+ an
 article :i* is a conc5trate1 an edible1
 a t9cture1 a cannabis-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[? ( cannabis4  
7#i7 ,/ate ,! t]m ,/ate means ea* ( !   
sev]al ,/ates1 ! ,di/rict ( ,columbia1  
,pu]to ,rico1 & any t]ritory or         
possession ( ! ,unit$ ,/ates4