HB 1191: Banking Services for Medical Marijuana Treatment Centers
GENERAL BILL by Silvers ; (CO-INTRODUCERS) Polo ; Smith, C.
Banking Services for Medical Marijuana Treatment Centers; Revises definition of term "financial institution" to include certain medical marijuana limited charter banks or credit unions; establishes Medical Marijuana Limited Charter Bank & Credit Union Advisory Board within OFR; provides duties of DOH & board; requires medical marijuana limited charter bank or credit union license for certain purposes; prohibits transfer or assignment of licenses; provides application requirements; requires commission to adopt rules, & authorizing commission to adopt emergency rules; provides requirements for medical marijuana limited charter banks & credit unions; provides authorized & prohibited acts by medical marijuana limited charter banks & credit unions.
Last Action: 5/3/2019 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF
• Introduced -HJ 121
• Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 376
• Indefinitely postponed and withdrawn from consideration
• Died in Insurance and Banking Subcommittee
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