In Sacramento, a law proposed by state senator Bob Hertzberg (D-Van Nuys) that would allow businesses to bank for industry-specific purposes passed through the Assembly Committee on Business and Professions on Tuesday.
Cannabis Wire
- The new law would allow special purpose checks for fee and tax payments to local and state agencies, as well as rent and compensation of vendors located in California.
- Marked “Urgent,” the bill would be enacted immediately if passed through the appropriations committee.
