HB 355 DE Became Law
AN ACT TO AMEND TITLE 16 OF THE DELAWARE CODE RELATING TO MARIJUANA.
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Summary
This Act provides legal protections for financial institutions and other entities that provide financial or accounting services to cannabis-related businesses that are licensed or registered under Delaware law. Specifically, it clarifies that banks, credit unions, armored car services, and providers of accounting services are not subject to prosecution under Delaware law merely by providing lawful services to licensed businesses engaged in the production, distribution and sale of cannabis in Delaware. This Act aims to facilitate the operation of cannabis-related businesses by helping to ensure that such businesses have access to necessary financial and accounting services.
Sponsors (13)
- Edward S. Osienski Democratic · primary
- William Bush Democratic · primary
- Russell Huxtable Democratic · primary
- Sherry Dorsey Walker · primary
- Trey Paradee Democratic · primary
- Peter C. Schwartzkopf · primary
- Paul S. Baumbach · primary
- Kendra Johnson Democratic · primary
- Eric Morrison Democratic · primary
- Bryan Townsend Democratic · primary
- Sean Matthews · primary
- Laura V. Sturgeon Democratic · primary
- Sarah McBride · primary
Action history (8)
- Mar 21, 2024 Introduced and Assigned to Health & Human Development Committee in House · lower
- Mar 21, 2024 Re-Assigned to Economic Development/Banking/Insurance & Commerce Committee in House · lower
- Mar 26, 2024 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 9 On Its Merits · lower
- Mar 28, 2024 Passed By House. Votes: 38 YES 3 ABSENT · lower
- Mar 28, 2024 Assigned to Health & Social Services Committee in Senate · upper
- Apr 24, 2024 Reported Out of Committee (Health & Social Services) in Senate with 2 Favorable, 3 On Its Merits · upper
- Jun 25, 2024 Passed By Senate. Votes: 16 YES 5 NO · upper
- Oct 9, 2024 Signed by Governor · executive
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