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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

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



              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.