HOUSE DOCKET, NO. 3200        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3188

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Jay D. Livingstone

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act to further regulate the legalization of marijuana in the Commonwealth.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Jay D. Livingstone

8th Suffolk

1/20/2017


HOUSE DOCKET, NO. 3200        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3188

By Mr. Livingstone of Boston, a petition (accompanied by bill, House, No. 3188) of Jay D. Livingstone relative to banking services by banks or credit unions that engage in marijuana commerce.  Marijuana Policy.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act to further regulate the legalization of marijuana in the Commonwealth.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1: Chapter 94G of the General Laws is hereby amended by inserting after section 14 the following section:-

Section 15. The Commissioner of banks shall promulgate rules and regulations establishing standards relative to the provision of banking services by banks or credit unions under his supervision for the provision of banking services to entities authorized to engage in marijuana commerce under Chapter 94C of the General Laws.  Such regulations shall be established no later than January 1, 2018.

SECTION 2: Section 4 of Chapter 151B of the General Laws is hereby amended by inserting after the word “obligation” the following new subsection:-

1E. For a public or private employer’s failing to treat adult off-duty consumption of marijuana in the same manner as they would treat off-duty consumption of alcoholic beverages in their employment practices, unless the employer proves that tolerating such use would cause loss of monetary benefit under federal law or regulation.