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MS HB924

Bill

Status

Failed

2/1/2022

Primary Sponsor

Christopher Bell

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Authorizes state-chartered banks, credit unions, and other financial institutions to provide financial services to licensed medical cannabis establishments registered with and regulated by the Mississippi State Department of Health
  • Allows financial institutions to open accounts, accept deposits, and provide other financial services to eligible cannabis establishments
  • Applies only to establishments with proper state licensing and regulation by the Mississippi State Department of Health
  • Provisions remain subject to all applicable federal law requirements
  • Effective date: July 1, 2022

Legislative Description

Financial services; authorize financial institutions to provide to licensed medical cannabis establishments.

Last Action

Died In Committee

2/1/2022

Committee Referrals

Banking and Financial Services1/17/2022

Full Bill Text

No bill text available