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S. 4942IntroducedSenate · nowHousePresidentLawIn committee
Sec. 4 · S. 4942

Protections for providing services to State-sanctioned marijuana businesses

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For the purposes of sections 1956 and 1957 of title 18, United States Code, and all other provisions of Federal law, the proceeds from marijuana-related activities of a State-sanctioned marijuana business or service provider that conducts all of its marijuana-related activity in compliance with the marijuana-related law of the State, Indian Tribe, or political subdivision of the State shall not be considered proceeds from an unlawful activity solely because— (1) the transaction involves proceeds from a State-sanctioned marijuana business or service provider; or (2) the transaction involves proceeds from— (A) marijuana-related activities described in section 2(19)(B) conducted by a State-sanctioned marijuana business; or (B) activities described in section 2(17)(A) conducted by a service provider.

Sec. 4: Protections for providing services to State-sanctioned marijuana businesses · Public Law Tracker