summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to banking services by banks or credit unions that engage in marijuana commerce. Marijuana Policy.
AI Summary
This bill aims to further regulate the legalization of marijuana in the Commonwealth of Massachusetts. It has two key provisions:
1. It requires the Commissioner of Banks to establish standards for banks and credit unions to provide banking services to entities authorized to engage in marijuana commerce under state law, by January 1, 2018. This addresses the challenge that marijuana businesses often face in accessing banking services due to the federal prohibition on marijuana.
2. It prohibits employers from treating adult off-duty consumption of marijuana differently than off-duty consumption of alcohol, unless the employer can demonstrate that tolerating such marijuana use would cause them to lose federal monetary benefits or be in violation of federal regulations. This provision helps protect the rights of employees who use marijuana legally in their personal time.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a new draft, see H3751 (on 06/14/2017)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H3188 |
Bill | https://malegislature.gov/Bills/190/H3188.pdf |
Loading...