S T A T E O F N E W Y O R K
________________________________________________________________________
8758
I N S E N A T E
April 12, 2022
___________
Introduced by Sen. COONEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations
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 13 to read as follows:
13. 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.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15352-01-2