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MS HB924
Bill
Status
Failed
2/1/2022
Primary Sponsor
Christopher Bell
Click for details
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