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DE HB355

Bill

Status

Passed

10/9/2024

Primary Sponsor

Edward Osienski

Click for details

Origin

House of Representatives

152nd General Assembly

AI Summary

  • Provides legal protection for financial institutions and service providers that offer banking, credit, fund transfer, cash transport, and accounting services to licensed marijuana establishments and compassion centers in Delaware.

  • Explicitly protects state and federally chartered banks, credit unions, armored car services, money transporters, lenders, certified public accountants, and public accounting firms from criminal prosecution under Delaware law for providing lawful services to cannabis-related businesses.

  • Enables cannabis-related businesses licensed under Chapter 13, Title 4 and compassion centers registered under Chapter 49A to access necessary financial and accounting services without exposing service providers to state criminal liability.

Legislative Description

An Act To Amend Title 16 Of The Delaware Code Relating To Marijuana.

Last Action

Signed by Governor

10/9/2024

Committee Referrals

Health & Social Services3/28/2024
Economic Development/Banking/Insurance & Commerce3/21/2024
Health & Human Development3/21/2024

Full Bill Text

No bill text available