,,ii  #aae? ,,congress  #a/ ,session    
,s4 #aaeb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ag1 #bjag,mr4    
,m]kley 7= himself1 ,mr4 ,paul1 ,mr4    
,b5net1 ,mr4 ,wyd51 ,ms4 ,w>r51 ,mrs4   
,murray1 ,ms4 ,cortez ,ma/o1 ,mr4       
,s*atz1 & ,mr4 ,g>dn]7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs  ,a ,,bill  ,to create  
protections = depository in/itutions t  
provide f9ancial s]vices to             
cannabis-relat$ bus9esses1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,secure & ,fair ,en=cem5t  
,bank+ ,act or ! ,,safe ,bank+ ,act4    
#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 ,indian tribe 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 
! own]1 op]ator1 or an individual t is  
an acc\nt hold] ( a cannabis-relat$     
legitimate bus9ess1 or d[ngrade or      
cancel f9ancial s]vices (f]$ to an      
acc\nt hold] ( a cannabis-relat$        
legitimate bus9ess solely because--     
7,a7 ! acc\nt hold] lat] becomes a      
cannabis-relat$ legitimate bus9ess2 or  
7,b7 ! 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 to an own]  
or op]ator (-- 7,a7 a cannabis-relat$   

legitimate bus9ess solely because !     
bus9ess own] or op]ator is a            
cannabis-relat$ bus9ess )\t express     
/atutory au?ority1 z 9 effect on ! day  
be=e ! date ( enactm5t ( ?is ,act2 or   
7,b7 real e/ate or equipm5t t is leas$  
or sold to a cannabis-relat$ legitimate 
bus9ess solely because ! own] or op]ator
 ( ! real e/ate or equipm5t leas$ or    
sold ! equipm5t or real e/ate to a      
cannabis-relat$ legitimate bus9ess4  #c4
 ,protections "u ,f$]al law  7a7 ,9     
g5]al ,9 a ,/ate1 political subdivision 
( a ,/ate1 or ,indian c\ntry t all[s !  
cultivation1 production1 manufactur+1   
transportation1 display1 disp5s+1       
di/ribution1 sale1 or pur*ase ( cannabis
 pursuant to a law 7includ+ regulations7
 ( ! ,/ate1 political subdivision ( !   
,/ate1 or ! ,indian tribe t has         
jurisdiction ov] ! ,indian c\ntry1 z    
applicable1 a depository in/itution & ! 
(fic]s1 director1 & employees ( !       
depository in/itution t provides        
f9ancial s]vices to a cannabis-relat$   

legitimate bus9ess may n be held liable 
pursuant to any ,f$]al law 7includ+     
regulations7--  7#a7 solely = provid+ ! 
f9ancial s]vices pursuant to ! law      
7includ+ regulations7 ( ! ,/ate1        
political subdivision ( ! ,/ate1 or     
,indian tribe2 or  7#b7 = fur!r inve/+  
any income d]iv$ f ! f9ancial s]vices4  
7b7 ,=feiture ,a depository in/itution t
 has a legal int]e/ 9 ! collat]al = a   
loan made 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$]al law = provid+ !  
loan or o!r f9ancial s]vices solely     
because ! collat]al is own$ by a        
cannabis-relat$ bus9ess4  #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  7,a7         
,def9itions ,9 ?is p>agraph--  7i7 ! t]m
 cannabis has ! mean+ giv5 ! t]m        
m>ihuana 9 section #ajb ( ! ,controll$  
,sub/ances ,act 7#ba ,u4,s4,c4 #hjb72   
7ii7 ! t]m cannabis-relat$ legitimate   
bus9ess has ! mean+ giv5 ! t]m 9 section
 #f ( ! ,,safe ,bank+ ,act2  7iii7 ! t]m
 f9ancial s]vice means a f9ancial       
product or s]vice1 z def9$ 9 section    
#ajjb ( ! ,dodd-,frank ,wall ,/reet     
,re=m & ,consum] ,protection ,act 7#ab  
,u4,s4,c4 #edha72  7iv7 ! t]m ,indian   
c\ntry has ! mean+ giv5 ! t]m 9 section 
#aaea ( title #ah2 &  7v7 ! t]m ,indian 
tribe has ! mean+ giv5 ! t]m 9 section  
#ajb ( ! ,f$]ally ,recogniz$ ,indian    
,tribe ,li/ ,act ( #aiid 7#be ,u4,s4,c4 
#dgi;a74  7,b7 ,report+ ( suspici\s     
transactions ,a f9ancial in/itution or  
any director1 (fic]1 employee1 or ag5t (

 a f9ancial in/itution t reports a      
suspici\s activity relat$ to a          
transaction by a cannabis-relat$        
legitimate bus9ess %all comply )        
appropriate guidance issu$ by !         
,f9ancial ,crimes ,en=cem5t ,network4 ,!
 ,secret>y %all ensure t ! guidance is  
consi/5t ) ! purpose & int5t ( ! ,,safe 
,bank+ ,act & does n inhibit ! provision
 ( f9ancial s]vices to a cannabis-relat$
 legitimate bus9ess 9 a ,/ate1 political
 subdivision ( a ,/ate1 or ,indian      
c\ntry t has all[$ ! cultivation1       
production1 manufactur+1 transportation1
 display1 disp5s+1 di/ribution1 sale1 or
 pur*ase ( cannabis1 or any o!r conduct 
relat+ to cannabis1 pursuant to law or  
regulation ( ! ,/ate1 ! political       
subdivision ( ! ,/ate1 or ,indian tribe 
t has jurisdiction ov] ! ,indian c\ntry4
  4  #f4 ,def9itions ,9 ?is ,act3 7#a7  
,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#b7 ,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#c7 ,cannabis-relat$    
legitimate bus9ess ,! t]m               
cannabis-relat$ legitimate bus9ess means
 a manufactur]1 produc]1 or any p]son or
 company t-- 7,a7 engages 9 any activity
 describ$ 9 subp>agraph 7,b7 pursuant to
 a law e/abli%$ by a ,/ate or a         
political subdivision ( a ,/ate2 &  7,b7
 7i7 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 products2 or  7ii7 provides--  
7,i7 any f9ancial s]vice1 includ+       
retirem5t plans or ex*ange trad$ funds1 
relat+ to cannabis2 or  7,,ii7 any      
bus9ess s]vices1 includ+ ! sale or lease
 ( real or any o!r prop]ty1 legal or o!r
 lic5s$ s]vices1 or any o!r ancill>y    

s]vice1 relat+ to cannabis4  7#d7       
,company ,! t]m company means a         
p>tn]%ip1 corporation1 association1     
7incorporat$ or un9corporat$71 tru/1    
e/ate1 coop]ative organization1 ,/ate1  
or any o!r entity4  7#e7 ,depository    
in/itution ,! t]m depository in/itution 
means-- 7,a7 a depository in/itution z  
def9$ 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#f7 ,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#g7        
,f9ancial s]vice ,! t]m f9ancial s]vice 
means a f9ancial product or s]vice1 z   
def9$ 9 section #ajjb ( ! ,dodd-,frank  
,wall ,/reet ,re=m & ,consum]           
,protection ,act 7#ab ,u4,s4,c4 #edha74 
7#h7 ,indian c\ntry ,! t]m ,indian      
c\ntry has ! mean+ giv5 ! t]m 9 section 
#aaea ( title #ah1 ,unit$ ,/ates ,code4 
7#i7 ,indian tribe ,! t]m ,indian tribe 
has ! mean+ giv5 ! t]m 9 section #ajb ( 
! ,f$]ally ,recogniz$ ,indian ,tribe    
,li/ ,act ( #aiid 7#be ,u4,s4,c4        
#dgi;a74  7#aj7 ,manufactur] ,! t]m     
manufactur] means a p]son or company :o 
manufactures1 comp\nds1 conv]ts1        
processes1 prep>es1 or packages cannabis
 or cannabis products4  7#aa7 ,produc]  
,! t]m produc] means a p]son or company 
:o plants1 cultivates1 h>ve/s1 or 9 any 
way facilitates ! natural gr[? (        
cannabis4  7#ab7 ,/ate ,! t]m ,/ate     
means ea* ( ! sev]al ,/ates1 ! ,di/rict 
( ,columbia1 ,pu]to ,rico1 any t]ritory 

or possession ( ! ,unit$ ,/ates4