#aaf? ,,congress  #a/ ,session  ,h4 ,r4 
#aeie  ,,an ,,act  ,to create           
protections = depository in/itutions t  
provide f9ancial s]vices to             
cannabis-relat$ legitimate bus9esses &  
s]vice provid]s = su* bus9esses1 & = o!r
 purposes4  #a4 ,%ort title2 purpose    
7a7 ,%ort title ,?is ,act may be cit$ z 
! ,secure ,& ,fair ,en=cem5t ,bank+ ,act
 ( #bjai or ! ,,safe ,bank+ ,act (      
#bjai4  7b7 ,purpose ,! purpose ( ?is   
,act is to increase public safety by    
ensur+ access to f9ancial s]vices to    
cannabis-relat$ legitimate bus9esses &  
s]vice provid]s & r$uc+ ! am\nt ( ca% at
 su* bus9esses4  #b4 ,safe h>bor =      
depository in/itutions  7a7 ,9 g5]al ,a 
,f$]al bank+ regulator may n-- 7#a7     
t]m9ate or limit ! deposit insurance or 
%>e insurance ( a depository in/itution 
"u ! ,f$]al ,deposit ,insurance ,act    
7#ab ,u4,s4,c4 #ahaa et seq471 ! ,f$]al 
,cr$it ,union ,act 7#ab ,u4,s4,c4 #agea 
et seq471 or take any o!r adv]se action 
aga9/ a depository in/itution "u section

 #h ( ! ,f$]al ,deposit ,insurance ,act 
7#ab ,u4,s4,c4 #ahah7 solely because !  
depository in/itution provides or has   
provid$ f9ancial s]vices to a           
cannabis-relat$ legitimate bus9ess or   
s]vice provid]2  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
 s]vice provid] or to a ,/ate1 political
 subdivision ( a ,/ate1 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 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              
cannabis-relat$ legitimate bus9ess or   
s]vice provid]1 or is an employee1 own]1
 or op]ator ( a cannabis-relat$         
legitimate bus9ess or s]vice provid]2   
7,b7 ! acc\nt hold] lat] becomes an     
employee1 own]1 or op]ator ( a          

cannabis-relat$ legitimate bus9ess or   
s]vice provid]2 or  7,c7 ! depository   
in/itution 0 n aw>e t ! acc\nt hold] is 
an employee1 own]1 or op]ator ( a       
cannabis-relat$ legitimate bus9ess or   
s]vice provid]2  7#d7 take any adv]se or
 corrective sup]visory action on a loan 
made to--  7,a7 a cannabis-relat$       
legitimate bus9ess or s]vice provid]1   
solely because ! bus9ess is a           
cannabis-relat$ legitimate bus9ess or   
s]vice provid]2  7,b7 an employee1 own]1
 or op]ator ( a cannabis-relat$         
legitimate bus9ess or s]vice provid]1   
solely because ! employee1 own]1 or     
op]ator is employ$ by1 owns1 or op]ates 
a cannabis-relat$ legitimate bus9ess or 
s]vice provid]1 z applicable2 or  7,c7  
an own] or op]ator ( real e/ate or      
equipm5t t is leas$ to a cannabis-relat$
 legitimate bus9ess or s]vice provid]1  
solely because ! own] or op]ator ( !    
real e/ate or equipm5t leas$ ! equipm5t 
or real e/ate to a cannabis-relat$      
legitimate bus9ess or s]vice provid]1 z 

applicable2 or  7#e7 prohibit or p5alize
 a depository in/itution 7or entity     
p]=m+ a f9ancial s]vice = or 9          
association ) a depository in/itution7  
=1 or o!rwise disc\rage a depository    
in/itution 7or entity p]=m+ a f9ancial  
s]vice = or 9 association ) a depository
 in/itution7 f1 engag+ 9 a f9ancial     
s]vice = a cannabis-relat$ legitimate   
bus9ess or s]vice provid]4  7b7 ,safe   
h>bor applicable to de novo in/itutions 
,subsection 7a7 %all apply to an        
in/itution apply+ = a depository        
in/itution *>t] to ! same ext5t z su*   
subsection applies to a depository      
in/itution4  #c4 ,protections = ancill>y
 bus9esses ,= ! purposes ( sections     
#aief & #aieg ( title #ah1 ,unit$ ,/ates
 ,code1 & all o!r provisions ( ,f$]al   
law1 ! proce$s f a transaction involv+  
activities ( a cannabis-relat$          
legitimate bus9ess or s]vice provid]    
%all n be consid]$ proce$s f an unlawful
 activity solely because--  7#a7 !      
transaction involves proce$s f a        

cannabis-relat$ legitimate bus9ess or   
s]vice provid]2 or  7#b7 ! transaction  
involves proce$s f--  7,a7              
cannabis-relat$ activities describ$ 9   
section #ad7d77;,b7 conduct$ by a       
cannabis-relat$ legitimate bus9ess2 or  
7,b7 activities describ$ 9 section      
#ad7ac77;,a7 conduct$ by a s]vice       
provid]4  #d4 ,protections "u ,f$]al law
  7a7 ,9 g5]al ,) respect to provid+ a  
f9ancial s]vice to a cannabis-relat$    
legitimate bus9ess or s]vice provid] )9 
a ,/ate1 political subdivision ( a      
,/ate1 or ,indian c\ntry t all[s !      
cultivation1 production1 manufacture1   
sale1 transportation1 display1 disp5s+1 
di/ribution1 or pur*ase ( cannabis      
pursuant to a law or regulation ( su*   
,/ate1 political subdivision1 or ,indian
 ,tribe t has jurisdiction ov] ! ,indian
 c\ntry1 z applicable1 a depository     
in/itution1 entity p]=m+ a f9ancial     
s]vice = or 9 association ) a depository
 in/itution1 or insur] t provides a     
f9ancial s]vice to a cannabis-relat$    

legitimate bus9ess or s]vice provid]1 & 
! (fic]s1 directors1 & employees ( t    
depository in/itution1 entity1 or insur]
 may n be held liable pursuant to any   
,f$]al law or regulation-- 7#a7 solely =
 provid+ su* a f9ancial s]vice2 or  7#b7
 = fur!r inve/+ any income d]iv$ f su* a
 f9ancial s]vice4  7b7 ,protections =   
,f$]al res]ve banks & ,f$]al ,home ,loan
 ,banks ,) respect to provid+ a s]vice  
to a depository in/itution t provides a 
f9ancial s]vice to a cannabis-relat$    
legitimate bus9ess or s]vice provid]    
7:]e su* f9ancial s]vice is provid$ )9 a
 ,/ate1 political subdivision ( a ,/ate1
 or ,indian c\ntry t all[s !            
cultivation1 production1 manufacture1   
sale1 transportation1 display1 disp5s+1 
di/ribution1 or pur*ase ( cannabis      
pursuant to a law or regulation ( su*   
,/ate1 political subdivision1 or ,indian
 ,tribe t has jurisdiction ov] ! ,indian
 c\ntry1 z applicable71 a ,f$]al res]ve 
bank or ,f$]al ,home ,loan ,bank1 & !   
(fic]s1 directors1 & employees ( !      

,f$]al res]ve bank or ,f$]al ,home ,loan
 ,bank1 may n be held liable pursuant to
 any ,f$]al law or regulation--  7#a7   
solely = provid+ su* a s]vice2 or  7#b7 
= fur!r inve/+ any income d]iv$ f su* a 
s]vice4  7c7 ,protections = insur]s ,)  
respect to engag+ 9 ! bus9ess (         
insurance )9 a ,/ate1 political         
subdivision ( a ,/ate1 or ,indian c\ntry
 t all[s ! cultivation1 production1     
manufacture1 sale1 transportation1      
display1 disp5s+1 di/ribution1 or       
pur*ase ( cannabis pursuant to a law or 
regulation ( su* ,/ate1 political       
subdivision1 or ,indian ,tribe t has    
jurisdiction ov] ! ,indian c\ntry1 z    
applicable1 an insur] t engages 9 !     
bus9ess ( insurance ) a cannabis-relat$ 
legitimate bus9ess or s]vice provid] or 
:o o!rwise engages ) a p]son 9 a        
transaction p]missible "u ,/ate law     
relat$ to cannabis1 & ! (fic]s1         
directors1 & employees ( t insur] may n 
be held liable pursuant to any ,f$]al   
law or regulation-- 7#a7 solely = engag+

 9 ! bus9ess ( insurance2 or  7#b7 =    
fur!r inve/+ any income d]iv$ f !       
bus9ess ( insurance4  7d7 ,=feiture     
7#a7 ,depository in/itutions ,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]1     
employee1 or op]ator ( a cannabis-relat$
 legitimate bus9ess or s]vice provid]1  
or to an own] or op]ator ( real e/ate or
 equipm5t t is leas$ or sold to a       
cannabis-relat$ legitimate bus9ess or   
s]vice provid]1 %all n be subject to    
crim9al1 civil1 or adm9i/rative =feiture
 ( t legal int]e/ pursuant to any ,f$]al
 law = provid+ su* loan or o!r f9ancial 
s]vice4  7#b7 ,f$]al res]ve banks &     
,f$]al ,home ,loan ,banks ,a ,f$]al     
res]ve bank or ,f$]al ,home ,loan ,bank 
t has a legal int]e/ 9 ! collat]al = a  
loan or ano!r f9ancial s]vice provid$ to
 a depository in/itution t provides a   
f9ancial s]vice to a cannabis-relat$    
legitimate bus9ess or s]vice provid]1 or
 to an own] or op]ator ( real e/ate or  

equipm5t t is leas$ or sold to a        
cannabis-relat$ legitimate bus9ess or   
s]vice provid]1 %all n be subject to    
crim9al1 civil1 or adm9i/rative =feiture
 ( t legal int]e/ pursuant to any ,f$]al
 law = provid+ su* loan or o!r f9ancial 
s]vice4  #e4 ,rules ( con/ruction  7a7  
,no requirem5t ,to provide f9ancial     
s]vices ,no?+ 9 ?is ,act %all require a 
depository in/itution1 entity p]=m+ a   
f9ancial s]vice = or 9 association ) a  
depository in/itution1 or insur] to     
provide f9ancial s]vices to a           
cannabis-relat$ legitimate bus9ess1     
s]vice provid]1 or any o!r bus9ess4  7b7
 ,g5]al exam9ation1 sup]visory1 &       
en=cem5t au?ority ,no?+ 9 ?is ,act may  
be con/ru$ 9 any way z limit+ or o!rwise
 re/rict+ ! g5]al exam9ation1           
sup]visory1 & en=cem5t au?ority ( !     
,f$]al bank+ regulators1 provid$ t !    
basis = any sup]visory or en=cem5t      
action is n ! provision ( f9ancial      
s]vices to a cannabis-relat$ legitimate 
bus9ess or s]vice provid]4  #f4         

,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$ legitimate bus9esses    
7,a7 ,9 g5]al ,) respect to 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 subsection1 
if ! reason = ! report relates to a     
cannabis-relat$ legitimate bus9ess or   
s]vice provid]1 ! report %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 ( #bjai & does n            
significantly inhibit ! provision (     
f9ancial s]vices to a cannabis-relat$   
legitimate bus9ess or s]vice provid] 9 a
 ,/ate1 political subdivision ( a ,/ate1
 or ,indian c\ntry t has all[$ !        
cultivation1 production1 manufacture1   
transportation1 display1 disp5s+1       

di/ribution1 sale1 or pur*ase ( cannabis
 pursuant to law or regulation ( su*    
,/ate1 political subdivision1 or ,indian
 ,tribe t has jurisdiction ov] ! ,indian
 c\ntry4  7,b7 ,def9itions ,= purposes (
 ?is p>agraph3  7i7 ,cannabis ,! t]m    
cannabis has ! mean+ giv5 ! t]m m>ihuana
 9 section #ajb ( ! ,controll$          
,sub/ances ,act 7#ba ,u4,s4,c4 #hjb74   
7ii7 ,cannabis-relat$ legitimate bus9ess
 ,! t]m cannabis-relat$ legitimate      
bus9ess has ! mean+ giv5 t t]m 9 section
 #ad ( ! ,,safe ,bank+ ,act ( #bjai4    
7iii7 ,indian c\ntry ,! t]m ,indian     
c\ntry has ! mean+ giv5 t t]m 9 section 
#aaea ( title #ah4  7iv7 ,indian ,tribe 
,! t]m ,indian ,tribe has ! mean+ giv5 t
 t]m 9 section #ajb ( ! ,f$]ally        
,recogniz$ ,indian ,tribe ,li/ ,act (   
#aiid 7#be ,u4,s4,c4 #dgi;a74  7v7      
,f9ancial s]vice ,! t]m f9ancial s]vice 
has ! mean+ giv5 t t]m 9 section #ad ( !
 ,,safe ,bank+ ,act ( #bjai4  7vi7      
,s]vice provid] ,! t]m s]vice provid]   
has ! mean+ giv5 t t]m 9 section #ad ( !

 ,,safe ,bank+ ,act ( #bjai4  7vii7     
,/ate ,! t]m ,/ate means ea* ( ! sev]al 
,/ates1 ! ,di/rict ( ,columbia1 ,pu]to  
,rico1 & any t]ritory or possession ( ! 
,unit$ ,/ates4  4  #g4 ,guidance &      
exam9ation proc$ures ,n lat] ?an #ahj   
days aft] ! date ( enactm5t ( ?is ,act1 
! ,f9ancial ,in/itutions ,exam9ation    
,c\ncil %all develop uni=m guidance &   
exam9ation proc$ures = depository       
in/itutions t provide f9ancial s]vices  
to cannabis-relat$ legitimate bus9esses 
& s]vice provid]s4  #h4 ,annual div]sity
 & inclusion report ,! ,f$]al bank+     
regulators %all issue an annual report  
to ,congress conta9+-- 7#a7 in=mation & 
data on ! availability ( access to      
f9ancial s]vices = m9ority-own$ &       
wom5-own$ cannabis-relat$ legitimate    
bus9esses2 &  7#b7 any regulatory or    
legislative recomm5dations = exp&+      
access to f9ancial s]vices =            
m9ority-own$ & wom5-own$ cannabis-relat$
 legitimate bus9esses4  #i4 ,,gao /udy  
on div]sity & inclusion  7a7 ,/udy ,!   

,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all c>ry out a /udy on ! b>ri]s to     
m>ketplace entry1 includ+ 9 ! lic5s+    
process1 & ! access to f9ancial s]vices 
= pot5tial & exi/+ m9ority-own$ &       
wom5-own$ cannabis-relat$ legitimate    
bus9esses4  7b7 ,report ,! ,comptroll]  
,g5]al %all issue a report to !         
,congress-- 7#a7 conta9+ all f9d+s &    
det]m9ations made 9 c>ry+ out ! /udy    
requir$ "u subsection 7a72 &  7#b7      
conta9+ any regulatory or legislative   
recomm5dations = remov+ b>ri]s to       
m>ketplace entry1 includ+ 9 ! lic5s+    
process1 & exp&+ access to f9ancial     
s]vices = pot5tial & exi/+ m9ority-own$ 
& wom5-own$ cannabis-relat$ legitimate  
bus9esses4  #aj4 ,,gao /udy on          
effectiv5ess ( c]ta9 reports on f9d+    
c]ta9 p]sons ,n lat] ?an #b ye>s aft] ! 
date ( ! enactm5t ( ?is ,act1 !         
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all c>ry out a /udy on ! effectiv5ess (
 reports on suspici\s transactions fil$ 
pursuant to section #ecah7;g7 ( title   

#ca1 ,unit$ ,/ates ,code1 at f9d+       
individuals or organizations suspect$ or
 kn[n to be engag$ ) transnational      
crim9al organizations & :e!r any su*    
engagem5t exi/s 9 a ,/ate1 political    
subdivision1 or ,indian ,tribe t has    
jurisdiction ov] ,indian c\ntry t all[s 
! cultivation1 production1 manufacture1 
sale1 transportation1 display1 disp5s+1 
di/ribution1 or pur*ase ( cannabis4 ,!  
/udy %all exam9e reports on suspici\s   
transactions z foll[s3  7#a7 ,dur+ !    
p]iod ( #bjad until ! date ( ! enactm5t 
( ?is ,act1 reports relat+ to           
m>ijuana-relat$ bus9esses4  7#b7 ,dur+ !
 #a-ye> p]iod aft] date ( ! enactm5t (  
?is ,act1 reports relat+ to             
cannabis-relat$ legitimate bus9esses4   
#aa4 ,bank+ s]vices = hemp bus9esses    
7a7 ,f9d+s ,! ,congress f9ds t-- 7#a7 ! 
,agriculture ,improvem5t ,act ( #bjah   
7,public ,law #aae-ccd7 legaliz$ hemp by
 remov+ x f ! def9ition ( m>ihuana "u ! 
,controll$ ,sub/ances ,act2  7#b7       
despite ! legalization ( hemp1 "s hemp  

bus9esses 7includ+ produc]s1            
manufactur]s1 & retail]s7 cont9ue to h  
difficulty ga9+ access to bank+ products
 & s]vices2 &  7#c7 bus9esses involv$ 9 
! sale ( hemp-d]iv$ cannabidiol 7,,cbd7 
products are p>ticul>ly affect$1 due to 
confusion ab\t _! legal /atus4  7b7     
,f$]al bank+ regulator hemp bank+       
guidance ,n lat] ?an ! end ( ! #ij-;day 
p]iod beg9n+ on ! date ( enactm5t ( ?is 
,act1 ! ,f$]al bank+ regulators %all    
jo9tly issue guidance to f9ancial       
in/itutions-- 7#a7 confirm+ ! legality (
 hemp1 hemp-d]iv$ ,,cbd products1 & o!r 
hemp-d]iv$ cannab9oid products1 & !     
legality ( engag+ 9 f9ancial s]vices )  
bus9esses sell+ hemp1 hemp-d]iv$ ,,cbd  
products1 & o!r hemp-d]iv$ cannab9oid   
products1 aft] ! enactm5t ( !           
,agriculture ,improvem5t ,act ( #bjah2 &
  7#b7 to provide recomm5d$ be/         
practices = f9ancial in/itutions to     
foll[ :5 provid+ f9ancial s]vices &     
m]*ant process+ s]vices to bus9esses    
involv$ 9 ! sale ( hemp1 hemp-d]iv$     

,,cbd products1 & o!r hemp-d]iv$        
cannab9oid products4  7c7 ,f9ancial     
in/itution def9$ ,9 ?is section1 ! t]m  
f9ancial in/itution means any p]son     
provid+ f9ancial s]vices4  #ab4         
,application ( safe h>bors to hemp &    
,,cbd products  7a7 ,9 g5]al ,except z  
provid$ "u subsection 7b71 ! provisions 
( ?is ,act 7o!r ?an sections #f & #aj7  
%all apply to hemp 7includ+ hemp-d]iv$  
cannabidiol & o!r hemp-d]iv$ cannab9oid 
products7 9 ! same mann] z su*          
provisions apply to cannabis4  7b7 ,rule
 ( application ,9 apply+ ! provisions ( 
?is ,act describ$ "u subsection 7a7 to  
hemp1 ! def9ition ( cannabis-relat$     
legitimate bus9ess %all be treat$ z     
exclud+ any requirem5t to engage 9      
activity pursuant to ! law ( a ,/ate or 
political subdivision !re(4  7c7 ,hemp  
def9$ ,9 ?is section1 ! t]m hemp has !  
mean+ giv5 t t]m "u section #big;,a ( ! 
,agricultural ,m>ket+ ,act ( #aidf 7#g  
,u4,s4,c4 #afcio74  #ac4 ,requirem5ts = 
deposit acc\nt t]m9ation reque/s & ord]s

  7a7 ,t]m9ation reque/s or ord]s mu/ be
 valid  7#a7 ,9 g5]al ,an appropriate   
,f$]al bank+ ag5cy may n =mally or      
in=mally reque/ or ord] a depository    
in/itution to t]m9ate a specific cu/om] 
acc\nt or gr\p ( cu/om] acc\nts or to   
o!rwise re/rict or disc\rage a          
depository in/itution f ent]+ into or   
ma9ta9+ a bank+ relation%ip ) a specific
 cu/om] or gr\p ( cu/om]s unless--  7,a7
 ! ag5cy has a valid reason = su* reque/
 or ord]2 &  7,b7 su* reason is n bas$  
solely on reputation risk4  7#b7        
,treatm5t ( national security ?reats ,if
 an appropriate ,f$]al bank+ ag5cy      
believes a specific cu/om] or gr\p (    
cu/om]s is1 or is act+ z a conduit =1 an
 entity :i*-- 7,a7 poses a ?reat to     
national security2  7,b7 is involv$ 9   
t]rori/ f9anc+2  7,c7 is an ag5cy ( !   
,gov]nm5t ( ,iran1 ,nor? ,korea1 ,syria1
 or any c\ntry li/$ f "t to "t on !     
,/ate ,sponsors ( ,t]rorism li/2  7,d7  
is locat$ 91 or is subject to !         
jurisdiction (1 any c\ntry specifi$ 9   

subp>agraph 7,c72 or  7,e7 does bus9ess 
) any entity describ$ 9 subp>agraph 7,c7
 or 7,d71 unless ! appropriate ,f$]al   
bank+ ag5cy det]m9es t ! cu/om] or gr\p 
( cu/om]s has us$ due dilig5ce to avoid 
do+ bus9ess ) any entity describ$ 9     
subp>agraph 7,c7 or 7,d71  su* belief   
%all satisfy ! requirem5t "u p>agraph   
7#a74  7b7 ,notice requirem5t  7#a7 ,9  
g5]al ,if an appropriate ,f$]al bank+   
ag5cy =mally or in=mally reque/s or     
ord]s a depository in/itution to t]m9ate
 a specific cu/om] acc\nt or a gr\p (   
cu/om] acc\nts1 ! ag5cy %all-- 7,a7     
provide su* reque/ or ord] to !         
in/itution 9 writ+2 &  7,b7 accompany   
su* reque/ or ord] ) a writt5           
ju/ification = :y su* t]m9ation is ne$$1
 includ+ any specific laws or           
regulations ! ag5cy believes are be+    
violat$ by ! cu/om] or gr\p ( cu/om]s1  
if any4  7#b7 ,ju/ification requirem5t  
,a ju/ification describ$ "u p>agraph    
7#a77;,b7 may n be bas$ solely on !     
reputation risk to ! depository         

in/itution4  7c7 ,cu/om] notice  7#a7   
,notice requir$ ,except z provid$ "u    
p>agraph 7#b7 or z o!rwise prohibit$ f  
be+ disclos$ by law1 if an appropriate  
,f$]al bank+ ag5cy ord]s a depository   
in/itution to t]m9ate a specific cu/om] 
acc\nt or a gr\p ( cu/om] acc\nts1 !    
depository in/itution %all in=m !       
specific cu/om] or gr\p ( cu/om]s ( !   
ju/ification = ! cu/om]'s acc\nt        
t]m9ation describ$ "u subsection 7b74   
7#b7 ,notice prohibit$  7,a7 ,notice    
prohibit$ 9 cases ( national security   
,if an appropriate ,f$]al bank+ ag5cy   
reque/s or ord]s a depository in/itution
 to t]m9ate a specific cu/om] acc\nt or 
a gr\p ( cu/om] acc\nts bas$ on a belief
 t ! cu/om] or cu/om]s pose a ?reat to  
national security1 or are o!rwise       
describ$ "u subsection 7a77#b71 nei!r ! 
depository in/itution nor ! appropriate 
,f$]al bank+ ag5cy may in=m ! cu/om] or 
cu/om]s ( ! ju/ification = ! cu/om]'s   
acc\nt t]m9ation4  7,b7 ,notice         
prohibit$ 9 o!r cases ,if an appropriate

 ,f$]al bank+ ag5cy det]m9es t ! notice 
requir$ "u p>agraph 7#a7 may int]f]e )  
an au?oriz$ crim9al inve/igation1 nei!r 
! depository in/itution nor !           
appropriate ,f$]al bank+ ag5cy may in=m 
! specific cu/om] or gr\p ( cu/om]s ( ! 
ju/ification = ! cu/om]'s acc\nt        
t]m9ation4  7d7 ,report+ requirem5t ,ea*
 appropriate ,f$]al bank+ ag5cy %all    
issue an annual report to ! ,congress   
/at+--  7#a7 ! aggregate numb] (        
specific cu/om] acc\nts t ! ag5cy       
reque/$ or ord]$ a depository in/itution
 to t]m9ate dur+ ! previ\s ye>2 &  7#b7 
! legal au?ority on :i* ! ag5cy reli$ 9 
mak+ su* reque/s & ord]s & ! frequ5cy on
 :i* ! ag5cy reli$ on ea* su* au?ority4 
7e7 ,def9itions ,= purposes ( ?is       
section3 7#a7 ,appropriate ,f$]al bank+ 
ag5cy ,! t]m appropriate ,f$]al bank+   
ag5cy means--  7,a7 ! appropriate ,f$]al
 bank+ ag5cy1 z def9$ "u section #c ( ! 
,f$]al ,deposit ,insurance ,act 7#ab    
,u4,s4,c4 #ahac72 &  7,b7 ! ,national   
,cr$it ,union ,adm9i/ration1 9 ! case ( 

an insur$ cr$it union4  7#b7 ,depository
 in/itution ,! t]m depository in/itution
 means-- 7,a7 a depository in/itution1 z
 def9$ "u section #c ( ! ,f$]al ,deposit
 ,insurance ,act 7#ab ,u4,s4,c4 #ahac72 
&  7,b7 an insur$ cr$it union4  #ad4    
,def9itions ,9 ?is ,act3  7#a7 ,bus9ess 
( insurance ,! t]m bus9ess ( insurance  
has ! mean+ giv5 su* t]m 9 section #ajjb
 ( ! ,dodd-,frank ,wall ,/reet ,re=m &  
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #edha74  7#b7 ,cannabis ,! t]m cannabis
 has ! mean+ giv5 ! t]m m>ihuana 9      
section #ajb ( ! ,controll$ ,sub/ances  
,act 7#ba ,u4,s4,c4 #hjb74  7#c7        
,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#d7 ,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    
,/ate1 z det]m9$ by su* ,/ate or        
political subdivision2 &  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#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 ! ,f$]al ,h\s+ 
,f9ance ,ag5cy1 ! ,f9ancial ,crimes     
,en=cem5t ,network1 ! ,(fice ( ,=eign   
,asset ,control1 ! ,(fice ( !           
,comptroll] ( ! ,curr5cy1 ! ,national   
,cr$it ,union ,adm9i/ration1 ! ,dep>tm5t
 ( ! ,treasury1 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--  7,a7 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  7,b7 includes !
 bus9ess ( insurance2  7,c7 includes1   
:e!r p]=m$ directly or indirectly1 !    
au?oriz+1 process+1 cle>+1 settl+1      
bill+1 transf]r+ = deposit1 transmitt+1 
deliv]+1 in/ruct+ to be deliv]$1        
reconcil+1 collect+1 or o!rwise         
effectuat+ or facilitat+ ( paym5ts or   
funds1 :]e su* paym5ts or funds are made
 or transf]r$ by any means1 includ+ by !
 use ( cr$it c>ds1 debit c>ds1 o!r      

paym5t c>ds1 or o!r access devices1     
acc\nts1 orig9al or sub/itute *ecks1 or 
electronic funds transf]s2  7,d7        
includes act+ z a money transmitt+      
bus9ess :i* directly or indirectly makes
 use ( a depository in/itution 9        
connection ) effectuat+ or facilitat+ a 
paym5t = a cannabis-relat$ legitimate   
bus9ess or s]vice provid] 9 compliance )
 section #eccj ( title #ca1 ,unit$      
,/ates ,code1 & any applicable ,/ate    
law2 &  7,e7 includes act+ z an armor$  
c> s]vice = process+ & deposit+ ) a     
depository in/itution or a ,f$]al res]ve
 bank ) respect to any monet>y in/rum5ts
 7z def9$ "u section #aief7;c77#e7 (    
title #ah1 ,unit$ ,/ates ,code4  7#h7   
,indian c\ntry ,! t]m ,indian c\ntry has
 ! mean+ giv5 t t]m 9 section #aaea (   
title #ah4  7#i7 ,indian ,tribe ,! t]m  
,indian ,tribe has ! mean+ giv5 t t]m 9 
section #ajb ( ! ,f$]ally ,recogniz$    
,indian ,tribe ,li/ ,act ( #aiid 7#be   
,u4,s4,c4 #dgi;a74  7#aj7 ,insur] ,! t]m
 insur] has ! mean+ giv5 t t]m "u       

section #cac7r7 ( title #ca1 ,unit$     
,/ates ,code4  7#aa7 ,manufactur] ,! t]m
 manufactur] means a p]son :o           
manufactures1 comp\nds1 conv]ts1        
processes1 prep>es1 or packages cannabis
 or cannabis products4  7#ab7 ,produc]  
,! t]m produc] means a p]son :o plants1 
cultivates1 h>ve/s1 or 9 any way        
facilitates ! natural gr[? ( cannabis4  
7#ac7 ,s]vice provid] ,! t]m s]vice     
provid]-- 7,a7 means a bus9ess1         
organization1 or o!r p]son t--  7i7     
sells goods or s]vices to a             
cannabis-relat$ legitimate bus9ess2 or  
7ii7 provides 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 cannabis2 &  7,b7 does n      
include a bus9ess1 organization1 or o!r 
p]son t 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#ad7 ,/ate ,! t]m  
,/ate means ea* ( ! sev]al ,/ates1 !    
,di/rict ( ,columbia1 ,pu]to ,rico1 &   
any t]ritory or possession ( ! ,unit$   
,/ates4  #ae4 ,discretion>y surplus     
funds ,section #g7;a77#c77;,a7 ( !      
,f$]al ,res]ve ,act 7#ab ,u4,s4,c4      
#bhi7;a77#c77;,a77 is am5d$ by /rik+    
#f1hbe1jjj1jjj & ins]t+ #f1hba1jjj1jjj4 
#af4 ,det]m9ation ( ,budget>y ,effects  
,! budget>y effects ( ?is ,act1 = !     
purpose ( comply+ ) ! ,/atutory         
,pay-,z-,y-,g ,act ( #bjaj1 %all be     
det]m9$ by ref]5ce to ! late/ /atem5t   
titl$ 8,budget>y ,effects ( ,,paygo     
,legislation0 = ?is ,act1 submitt$ =    
pr9t+ 9 ! ,congressional ,record by !   
,*airman ( ! ,h\se ,budget ,committee1  
provid$ t su* /atem5t has be5 submitt$  
prior to ! vote on passage4  ,pass$ !   
,h\se ( ,repres5tatives ,septemb] #be1  
#bjai4;,cl]k4