Assembly Bill A7388

Signed By Governor
2023-2024 Legislative Session

Relates to sharing information obtained from applicants and licensees

download bill text pdf

Sponsored By

Current Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A7388 (ACTIVE) - Details

See Senate Version of this Bill:
S1047
Law Section:
Cannabis Law
Laws Affected:
Amd §11, Cannabis L
Versions Introduced in 2021-2022 Legislative Session:
S8758

2023-A7388 (ACTIVE) - Summary

Relates to sharing information obtained from applicants and licensees and requesting financial institutions for the purpose of consideration and compliance.

2023-A7388 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7388
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 19, 2023
                                ___________
 
 Introduced  by  M. of A. PEOPLES-STOKES -- read once and referred to the
   Committee on Banks
 
 AN ACT to amend the cannabis law, in  relation  to  sharing  information
   obtained from applicants and licensees
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Section 11 of the cannabis law is amended by adding  a  new
 subdivision 16 to read as follows:
   16.  TO  SHARE  ANY  AND  ALL INFORMATION OBTAINED FROM APPLICANTS AND
 LICENSEES, AS DEFINED IN SECTION THREE OF THIS  CHAPTER,  TO  REQUESTING
 FINANCIAL  INSTITUTIONS FOR THE PURPOSE OF CONSIDERATION AND COMPLIANCE,
 WITH THE CONSENT OF SUCH APPLICANTS AND LICENSEES.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02681-05-3

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