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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.

Effective Date: 7/1/2019
Last Action: 5/3/2019 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    3/1/2019 House • Filed
    3/5/2019 House • Introduced -HJ 121
    3/8/2019 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 376
    5/3/2019 House • Indefinitely postponed and withdrawn from consideration
    • Died in Insurance and Banking Subcommittee

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  • HB 1191, Original Filed Version (Current Bill Version) Posted 3/1/2019 at 9:36 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1116 Banking Services for Medical Marijuana Treatment Centers Taddeo Similar Last Action: 5/3/2019 S Died in Banking and Insurance

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    655.005 Definitions. Page 4 (pdf)
    655.97 Page 5 (pdf)
    655.971 Page 6 (pdf)
    655.972 Page 7 (pdf)
    655.973 Page 8 (pdf)

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