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HERTZBERG CHARTER BANKING BILL CLEARS A NEW HURDLE

Courtesy of Getty Images

By Donny Alexander
07/13/2019 01:45 PM GMT-0700
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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 . . .

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