Purpose: To prohibit funds from being used to prohibit or penalize financial institutions that provide financial services to a certain persons in States and jurisdictions where marijuana is legal. IN THE SENATE OF THE UNITED STATES—114th Cong., 1st Sess.
S. lllllll Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Referred to the Committee on llllllllll and ordered to be printed Ordered to lie on the table and to be printed AMENDMENT intended to be proposed by Mr. MERKLEY (for himself and Mrs. MURRAY) Viz: 1
At the appropriate place, insert the following:
2
SEC. ll. None of the funds made available in this
3 Act may be used, with respect to a State or jurisdiction 4 where marijuana is legal, to prohibit or penalize a finan5 cial institution solely because the institution provides fi6 nancial services to an entity that is a manufacturer, pro7 ducer, or a person that participates in any business or or8 ganized activity that— 9 10
(1) involves handling marijuana or marijuana products; and
MIR16541
S.L.C.
2 1
(2) engages in such activity pursuant to and
2
compliant with a law established by a State or a unit
where marijuana is legal, to prohibit or penalize a finan-. 4 cial institution solely ... compliant with a law established by a State or a unit. 2 of local government. 3.
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