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Banking reform

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artmann
(@artmann)
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If it's ok, this thread can catch all the banking reform news, federal and state. 

 

First is Pennsylvania's banking reform efforts.

 

After the state senate passed their version the house filed a companion bill. It looks promising, allowing tax deductions for cannabis businesses, protections for financial institutions for making cannabis related loans and allowing dispensaries to abandon the cash-only policies that result in robberies, a major risk to employees. 

 

It has other things too dealing with real estate owners, security firms and even utility providers. 

 

Marijuana Moment has the article.

 
Posted : May 3, 2022 1:30 pm
twisted1, Hart, Stootie and 9 people reacted
artmann
(@artmann)
Posts: 1240
Myrcene Respected User
Active Grow Diary Bling
1 Complete Grow Diary Award
1k Posts Bling
10k Post Likes
Member for 2 Years
Topic starter
 

The American Bankers Association, along with other banking organizations from all 50 states and one territory, sent a letter to the senate, encouraging them to pass the Secure and Fair Enforcement Banking Act, saying it was "urgently needed". 

 
Posted : May 3, 2022 1:44 pm
twisted1, Hart, Stootie and 9 people reacted

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