,,ii #aag? ,,congress #b;d ,session ,s4 #dfbb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bf1 #bjbb,mr4 ,lujn 7= himself & ,mr4 ,m]kley7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to e/abli% protections = radio & television /ations t provide adv]tis+ s]vices to cannabis-relat$ legitimate bus9esses & s]vice provid]s = su* bus9esses1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts2 purpose 7a7 ,%ort title ,?is ,act may be cit$ z ! ,secure ,& ,fair ,en=cem5t ,adv]tis+ ,act ( #bjbb or ! ,,safe ,adv]tis+ ,act ( #bjbb4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts2 purpose4,sec4 #b4 ,def9itions4,sec4 #c4 ,safety = adv]tis+4,sec4 #d4 ,protections = ancill>y bus9esses4,sec4 #e4 ,protections "u ,f$]al law4,sec4 #f4 ,application ( ?is ,act ) respect to hemp-relat$ legitimate bus9esses & hemp-relat$ s]vice provid]s4,sec4 #g4 ,,gao report4 7c7 ,purpose ,! purpose ( ?is ,act is to ensure access to adv]tis+ s]vices f radio & television /ations = cannabis-relat$ legitimate bus9esses & s]vice provid]s4 #b4 ,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 t conta9s cannabis1 includ+ an article t 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 a 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 political subdivision ( a ,/ate1 z det]m9$ by ! ,/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#d7 ,,cbd ,! t]m ,,cbd means cannabidiol4 7#e7 ,hemp ,! t]m hemp has ! mean+ giv5 ! t]m 9 section #big;,a ( ! ,agricultural ,m>ket+ ,act ( #aidf 7#g ,u4,s4,c4 #afcio74 7#f7 ,indian c\ntry ,! t]m ,indian c\ntry has ! mean+ giv5 t t]m 9 section #aaea ( title #ah1 ,unit$ ,/ates ,code4 7#g7 ,indian ,tribe ,! t]m ,indian ,tribe has ! mean+ giv5 ! t]m ,indian tribe 9 section #ajb ( ! ,f$]ally ,recogniz$ ,indian ,tribe ,li/ ,act ( #aiid 7#be ,u4,s4,c4 #eacj74 7#h7 ,manufactur] ,! t]m manufactur] means a p]son :o manufactures1 comp\nds1 conv]ts1 processes1 prep>es1 or packages cannabis or cannabis products4 7#i7 ,produc] ,! t]m produc] means a p]son :o plants1 cultivates1 h>ve/s1 or 9 any way facilitates ! natural gr[? ( cannabis4 7#aj7 ,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 ( adv]tis+1 ! 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#aa7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,pu]to ,rico1 & any t]ritory or possession ( ! ,unit$ ,/ates4 #c4 ,safety = adv]tis+ 7a7 ,9 g5]al ,! ,f$]al ,communications ,commission may n-- 7#a7 ) respect to an au?orization relat+ to a radio or television broadca/ /ation1 d5y1 fail to r5ew = a full t]m or condition ! au?orization1 decl9e to approve an application = au?ority to assign ! au?orization or transf] direct or indirect control ( ! lic5see1 require an e>ly r5ewal application1 or o!rwise impair ! au?orization1 because ! /ation broadca/ or o!rwise transmitt$ adv]tis+ ( a cannabis-relat$ legitimate bus9ess or s]vice provid]1 if ! activities ( ! cannabis-relat$ legitimate bus9ess or s]vice provid] 71 at ! "t ( ! broadca/ or o!r transmission ( adv]tis+1 au?oriz$ 9 ! ,/ate1 political subdivision ( a ,/ate1 or ,indian c\ntry 9 :i* ! community ( lic5se ( ! /ation is locat$2 7#b7 comm5ce any proce$+ aga9/1 issue a notice ( app>5t liability or inquiry to1 or impose a =feiture p5alty on a radio or television broadca/ /ation "u title ,v ( ! ,communications ,act ( #aicd 7#dg ,u4,s4,c4 #eja et seq47 because ! /ation broadca/ or o!rwise transmitt$ adv]tis+ ( a cannabis-relat$ legitimate bus9ess or s]vice provid]1 if ! activities ( ! cannabis-relat$ legitimate bus9ess or s]vice provid] 71 at ! "t ( ! broadca/ or o!r transmission ( adv]tis+1 au?oriz$ 9 ! ,/ate1 political subdivision ( a ,/ate1 or ,indian c\ntry 9 :i* ! community ( lic5se ( ! /ation is locat$2 or 7#c7 d5y or designate = he>+ any application = an au?orization relat+ to a radio or television broadca/ /ation solely because-- 7,a7 ! applicant-- 7i7 is or has be5 a cannabis-relat$ legitimate bus9ess or s]vice provid]2 or 7ii7 is an own]1 (fic]1 op]ator1 or employee ( a cannabis-relat$ legitimate bus9ess or s]vice provid]2 or 7,b7 an own]1 (fic]1 director1 or employee ( ! applicant1 any p>5t entity ( ! applicant1 or ! applicant has provid$ or is provid+ s]vices1 includ+ adv]tis+ s]vices1 equipm5t1 or o!r support1 = ! op]ation ( a cannabis-relat$ legitimate bus9ess or s]vice provid]4 7b7 ,label+ requirem5t ,subsection 7a7 %all only apply ) respect to ! adv]tis+ ( products sold by a cannabis-relat$ legitimate bus9ess if-- 7#a7 ! adv]tisem5t-- 7,a7 conta9s a disclosure t /ates1 ,?is product has n be5 evaluat$ by ! ,food & ,drug ,adm9i/ration4 ,!re may be heal? risks associat$ ) consumption ( ?is product42 or 7,b7 complies ) any applicable label+ requirem5ts or o!r requirem5ts adopt$ by ! ,surgeon ,g5]al or ! ,food & ,drug ,adm9i/ration = adv]tis+ ( cannabis or cannabis products2 & 7#b7 ! adv]tis] has reliable evid5ce t n less ?an #gj p]c5t ( ! audi5ce = ! adv]tisem5t is reasonably expect$ to be n less ?an #ba ye>s ( age1 ) ! burd5 ( pro( reg>d+ ! expect$ audi5ce composition ly+ ) ! adv]tis]4 #d4 ,protections = ancill>y bus9esses ,= ! purposes ( sections #aief & #aieg ( title #ah1 ,unit$ ,/ates ,code1 section #dba ( ! ,controll$ ,sub/ances ,act 7#ba ,u4,s4,c4 #hfb71 & any o!r provision ( ,f$]al law1 ! proce$s f a transaction involv+ activities ( a cannabis-relat$ legitimate bus9ess or s]vice provid] %all n be consid]$ proce$s f an unlawful activity or require ! d5ial ( ,f$]al b5efits 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 #b7c77;,b7 conduct$ by a cannabis-relat$ legitimate bus9ess2 or 7,b7 activities describ$ 9 section #b7aj77;,a7 conduct$ by a s]vice provid]4 #e4 ,protections "u ,f$]al law ,) respect to provid+ adv]tis+ s]vice to a cannabis-relat$ legitimate bus9ess 7:]e ! cannabis-relat$ legitimate bus9ess op]ates )9 a ,/ate1 a political subdivision ( a ,/ate1 or ,indian c\ntry 9 :i* ! cultivation1 production1 manufacture1 sale1 transportation1 display1 disp5s+1 di/ribution1 or pur*ase ( cannabis is all[$ pursuant to a law or regulation ( ! ,/ate1 ! political subdivision1 or ! ,indian ,tribe ) jurisdiction ov] ! ,indian c\ntry1 respectively7 or a s]vice provid] 7:]ev] locat$71 a radio or television /ation lic5s$ to a community )9 a ,/ate1 a political subdivision ( a ,/ate1 or ,indian c\ntry 9 :i* ! activities ( ! cannabis-relat$ legitimate bus9ess promot$ 9 ! adv]tis+ s]vice are all[$1 a depository in/itution1 insur]1 or o!r entity t provides a f9ancial or o!r s]vice to su* a radio or television /ation provid+ adv]tis+ s]vice to a cannabis-relat$ legitimate bus9ess or s]vice provid]1 & ! (fic]s1 directors1 & employees ( su* radio or television /ation1 depository in/itution1 insur]1 or o!r entity may n be held liable pursuant to any ,f$]al law or regulation1 includ+ subsection 7b7 or 7c7 ( section #djc ( ! ,controll$ ,sub/ances ,act 7#ba ,u4,s4,c4 #hdc7-- 7#a7 solely = provid+ su* adv]tis+ s]vice or relat$ f9ancial or o!r s]vice2 or 7#b7 = fur!r inve/+ any income d]iv$ f su* adv]tis+ s]vice or relat$ f9ancial or o!r s]vice4 #f4 ,application ( ?is ,act ) respect to hemp-relat$ legitimate bus9esses & hemp-relat$ s]vice provid]s 7a7 ,9 g5]al ,?is ,act %all apply ) respect to a hemp-relat$ legitimate bus9ess or hemp-relat$ s]vice provid] 9 ! same mann] z ! ,act applies ) respect to a cannabis-relat$ legitimate bus9ess or s]vice provid]4 7b7 ,def9itions ,9 ?is section3 7#a7 ,hemp-relat$ legitimate bus9ess ,! t]m hemp-relat$ legitimate bus9ess means a manufactur]1 produc]1 or any p]son t-- 7,a7 engages 9 any activity describ$ 9 subp>agraph 7,b7 9 con=mity )-- 7i7 subtitle ,g ( ! ,agricultural ,m>ket+ ,act ( #aidf 7#g ,u4,s4,c4 #afcio et seq47 & ! regulations issu$ to implem5t t subtitle by ! ,dep>tm5t ( ,agriculture1 :]e applicable2 & 7ii7 ! applicable law ( a ,/ate1 political subdivision ( a ,/ate1 or ,indian ,tribe2 & 7,b7 p>ticipates 9 any bus9ess or organiz$ activity t involves h&l+ hemp1 hemp-d]iv$ ,,cbd products1 & o!r hemp-d]iv$ cannab9oid products1 includ+ cultivat+1 produc+1 extract+1 manufactur+1 sell+1 transport+1 display+1 disp5s+1 or pur*as+ hemp1 hemp-d]iv$ ,,cbd products1 & o!r hemp-d]iv$ cannab9oid products4 7#b7 ,hemp-relat$ s]vice provid] ,! t]m hemp-relat$ s]vice provid]-- 7,a7 means a bus9ess1 organization1 or o!r p]son t-- 7i7 sells goods or s]vices to a hemp-relat$ legitimate bus9ess2 or 7ii7 provides any bus9ess s]vices1 includ+ ! sale ( adv]tis+1 ! 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 hemp1 hemp-d]iv$ ,,cbd products1 or o!r hemp-d]iv$ cannab9oid products2 & 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+ hemp1 hemp-d]iv$ ,,cbd products1 or o!r hemp-d]iv$ cannab9oid products1 includ+ cultivat+1 produc+1 manufactur+1 sell+1 transport+1 display+1 disp5s+1 di/ribut+1 or pur*as+ hemp1 hemp-d]iv$ ,,cbd products1 & o!r hemp-d]iv$ cannab9oid products4 #g4 ,,gao report 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m small bus9ess conc]n has ! mean+ giv5 ! t]m 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb72 & 7#b7 ! t]m socially & economically disadvantag$ individual has ! mean+ giv5 ! t]m 9 section #h7;d7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;d77 & relevant subcontract+ regulations prescrib$ "u su* section #h7;d71 except t wom5 are presum$ to be socially & economically disadvantag$4 7b7 ,report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all-- 7#a7 conduct a /udy ( cannabis-relat$ legitimate bus9esses t-- 7,a7 are small bus9ess conc]ns2 or 7,b7 are own$ by a socially & economically disadvantag$ individual2 & 7#b7 submit a report on ! results ( ! /udy conduct$ "u p>agraph 7#a7 to ,congress4 7c7 ,cont5ts ,! report submitt$ "u subsection 7b7 %all include-- 7#a7 an evaluation ( :e!r cannabis-relat$ legitimate bus9esses t are small bus9ess conc]ns or are own$ by a socially & economically disadvantag$ individual face sy/emic b>ri]s to access s]vice provid]s comp>$ to o!r cannabis-relat$ legitimate bus9esses2 & 7#b7 recomm5dations to ,congress to facilitate ! access ( cannabis-relat$ legitimate bus9esses to s]vice provid]s1 p>ticul>ly cannabis-relat$ legitimate bus9esses t-- 7,a7 are small bus9ess conc]ns2 or 7,b7 are own$ by a socially & economically disadvantag$ individual4