Bill Text: MS HB1098 | 2021 | Regular Session | Introduced
Bill Title: Financial services; authorize financial institutions to provide to licensed medical marijuana treatment centers.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2021-02-02 - Died In Committee [HB1098 Detail]
Download: Mississippi-2021-HB1098-Introduced.html
MISSISSIPPI LEGISLATURE
2021 Regular Session
To: Banking and Financial Services; Drug Policy
By: Representative Bell (65th)
House Bill 1098
AN ACT TO AUTHORIZE STATE-CHARTERED BANKS, CREDIT UNIONS OR OTHER FINANCIAL INSTITUTIONS TO PROVIDE FINANCIAL SERVICES TO ANY LICENSED MEDICAL MARIJUANA TREATMENT CENTER THAT IS REGISTERED WITH AND REGULATED BY THE MISSISSIPPI STATE DEPARTMENT OF HEALTH; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Subject to any provisions of federal law, a
state-chartered bank, credit union or other financial institution may provide financial services, including, but not limited to, opening accounts and accepting deposits, to any licensed medical marijuana treatment center that is registered with and regulated by the Mississippi State Department of Health as defined in Section , Mississippi Constitution of 1890.
SECTION 2. This act shall take effect and be in force from and after July 1, 2021.
