DE HB355 | 2023-2024 | 152nd General Assembly

Status

Spectrum: Strong Partisan Bill (Democrat 13-1)
Status: Engrossed on March 28 2024 - 50% progression
Action: 2024-04-24 - Reported Out of Committee (Health & Social Services) in Senate with 2 Favorable, 3 On Its Merits
Text: Latest bill text (Draft #1) [HTML]

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.

Tracking Information

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Title

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

Sponsors


Roll Calls

2024-03-28 - House - House Third Reading (Y: 38 N: 0 NV: 0 Abs: 3) [PASS]

History

DateChamberAction
2024-04-24 Reported Out of Committee (Health & Social Services) in Senate with 2 Favorable, 3 On Its Merits
2024-03-28 Assigned to Health & Social Services Committee in Senate
2024-03-28 Passed By House. Votes: 38 YES 3 ABSENT
2024-03-26 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 9 On Its Merits
2024-03-21 Re-Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
2024-03-21 Introduced and Assigned to Health & Human Development Committee in House

Delaware State Sources


Bill Comments

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