,,ii #aagth ,,congress #b;d ,session ,s4 #eaca ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #ag1 #bjbb,ms4 ,rosen introduced the following bill2 which was read twice and referred to the ,committee on ,small ,business and ,entrepreneurship ,a ,,bill ,to ensure that certain loan programs of the ,small ,business ,administration are made available to cannabis-related legitimate businesses and service providers1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,fair ,access for ,cannabis ,small ,businesses ,act4 #b4 #g7;a7 loans to cannabis-related legitimate businesses and service providers ,section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77 is amended by adding at the end the following3 7#ch7 ,loans to cannabis-related legitimate businesses and service providers 7,a7 ,definitions ,in this paragraph3 7i7 ,cannabis ,the term cannabis has the meaning given the term marihuana in section #ajb of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hjb74 7ii7 ,cannabis product ,the term cannabis product means any article that contains cannabis1 including an article that is a concentrate1 an edible1 a tincture1 a cannabis-infused product1 or a topical4 7iii7 ,cannabis-related legitimate business ,the term cannabis-related legitimate business means a manufacturer1 producer1 or any person or company that is a small business concern and that-- 7,i7 engages in any activity described in subclause 7,,ii7 pursuant to a law established by a ,state or a political subdivision of a ,state1 as determined by the ,state or political subdivision2 and 7,,ii7 participates in any business or organized activity that involves handling cannabis or cannabis products1 including cultivating1 producing1 manufacturing1 selling1 transporting1 displaying1 dispensing1 distributing1 or purchasing cannabis or cannabis products4 7iv7 ,manufacturer ,the term manufacturer means a person who manufactures1 compounds1 converts1 processes1 prepares1 or packages cannabis or cannabis products4 7v7 ,producer ,the term producer means a person who plants1 cultivates1 harvests1 or in any way facilitates the natural growth of cannabis4 7vi7 ,service provider ,the term service provider-- 7,i7 means a business1 organization1 or other person that-- 7aa7 sells goods or services to a cannabis-related legitimate business2 or 7bb7 provides any business services1 including the sale or lease of real or any other property1 legal or other licensed services1 or any other ancillary service1 relating to cannabis2 and 7,,ii7 does not include a business1 organization1 or other person that participates in any business or organized activity that involves handling cannabis or cannabis products1 including cultivating1 producing1 manufacturing1 selling1 transporting1 displaying1 dispensing1 distributing1 or purchasing cannabis or cannabis products4 7vii7 ,state ,the term ,state means each of the several ,states1 the ,district of ,columbia1 ,puerto ,rico1 and any territory or possession of the ,united ,states4 7,b7 ,loans ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the ,administrator may not decline to provide a guarantee for a loan under this subsection1 and a lender may not decline to make a loan made under this subsection1 to an otherwise eligible small business concern solely because the concern is a cannabis-related legitimate business or service provider4 4 #c4 ,disaster loans to cannabis-related legitimate businesses and service providers ,section #g7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77 is amended by inserting after paragraph 7#ae7 the following3 7#af7 ,assistance to cannabis-related legitimate businesses and service providers ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the ,administrator may not decline to provide assistance under this subsection to an otherwise eligible borrower solely because the borrower is a cannabis-related legitimate business or service provider 7as defined in subsection 7a77#ch774 4 #d4 ,microloans to cannabis-related legitimate businesses and service providers ,section #g7m7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7m77#ac77 is amended by adding at the end the following3 7#ad7 ,assistance to cannabis-related legitimate businesses and service providers ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the ,administrator may not prohibit an eligible intermediary from providing assistance under this subsection to an otherwise eligible borrower solely because the borrower is a cannabis-related legitimate business or service provider 7as defined in subsection 7a77#ch774 4 #e4 ,small business investment company debentures to finance cannabis-related legitimate businesses and service providers ,part ,a of title ,,iii of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fha et seq47 is amended by adding at the end the following3 #cba4 ,debentures to finance cannabis-related legitimate businesses and service providers 7a7 ,guarantees ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the ,administrator may not decline to purchase or guarantee a debenture issued under this title to an otherwise eligible small business investment company solely because the small business investment company provides financing to an entity that is a cannabis-related legitimate business or service provider 7as defined in paragraph 7#ch7 of section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a774 7b7 ,other assistance ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the ,administrator may not prohibit a small business investment company from providing assistance under this title to an otherwise eligible small business concern solely because the small business concern is a cannabis-related legitimate business or service provider 7as defined in paragraph 7#ch7 of section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a774 4 #f4 ,state or local development company loans to finance cannabis-related legitimate businesses and service providers ,title ,v of the ,small ,business ,investment ,act of #aieh 7#ae ,u4,s4,c4 #fie et seq47 is amended by adding at the end the following3 #eaa4 ,loans to finance cannabis-related legitimate businesses and service providers 7a7 ,guarantees ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the ,administrator may not decline to guarantee a debenture issued under this title for the purpose of making #a or more loans to small business concerns solely because the small business concern is a cannabis-related legitimate business or service provider 7as defined in paragraph 7#ch7 of section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a774 7b7 ,other assistance ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 a qualified ,state or local development company may not decline an application for a loan under this title submitted by an otherwise eligible small business concern solely because the small business concern is a cannabis-related legitimate business or service provider 7as defined in paragraph 7#ch7 of section #g7;a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a774 4 #g4 ,assistance from resource partners for cannabis-related legitimate businesses and service providers 7a7 ,small business development centers ,section #ba7;c7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fdh7;c77 is amended by adding at the end the following3 7#i7 ,services for cannabis-related legitimate businesses and service providers ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 a small business development center may not decline to provide services to an otherwise eligible small business concern under this section solely because the small business concern is a cannabis-related legitimate business or service provider 7as defined in section #g7;a77#ch774 4 7b7 ,women's business centers ,section #bi of the ,small ,business ,act 7#ae ,u4,s4,c4 #fef7 is amended by adding at the end the following3 7p7 ,services for cannabis-,related legitimate businesses and service providers ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 a women's business center may not decline to provide services to an otherwise eligible small business concern under this section solely because the small business concern is a cannabis-related legitimate business or service provider 7as defined in section #g7;a77#ch774 4 7c7 ,,score ,section #h7;b77#a77;,b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcg7;b77#a77;,b77 is amended by adding at the end the following3 ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 the head of the ,,score program established under this subparagraph may not decline to provide services to an otherwise eligible small business concern solely because the concern is a cannabis-related legitimate business or service provider 7as defined in section #g7;a77#ch7744 7d7 ,veteran business outreach centers ,section #cb of the ,small ,business ,act 7#ae ,u4,s4,c4 #feg;b7 is amended by adding at the end the following3 7h7 ,services for cannabis-,related legitimate businesses and service providers ,notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 a ,veteran ,business ,outreach ,center may not decline to provide services to an otherwise eligible small business concern under this section solely because the small business concern is a cannabis-related legitimate business or service provider 7as defined in section #g7;a77#ch774 4 #h4 ,technical assistance providers ,in addition to the programs covered by the amendments made by this ,act1 and notwithstanding any provision of the ,controlled ,substances ,act 7#ba ,u4,s4,c4 #hja et seq471 a provider of financial or technical assistance under a program administered or funded by the ,small ,business ,administration may not decline to provide such financial or technical assistance to an otherwise eligible small business concern 7as defined in section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb77 solely because the concern is a cannabis-related legitimate business or service provider 7as defined in section #g7;a77#ch7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#ch774 #i4 ,rulemaking ,not later than #abj days after the date of enactment of this ,act1 the ,administrator of the ,small ,business ,administration shall issue or amend any rules1 standard operating procedures1 and other legal or policy guidance as necessary to carry out the requirements of this ,act and the amendments made by this ,act4