(b) REPORT.—Not later than 2 years after the date 
of enactment of this Act, the Comptroller General of the 
United States shall submit to Congress a report con-
taining— 
(1) all findings and determinations made in 
conducting the study required under subsection (a); 
and 
(2) any regulatory or legislative recommenda-
tions for removing barriers to marketplace entry and 
success, including in the licensing process, and ex-
panding access to financial services for potential and 
existing minority-owned, veteran-owned, women- 
owned, and small State-sanctioned marijuana busi-
nesses and hemp-related legitimate businesses. 
SEC. 13. GAO STUDY ON EFFECTIVENESS OF CERTAIN RE-
PORTS ON FINDING CERTAIN PERSONS. 
(a) IN GENERAL.—Not later than 2 years after the 
date of enactment of this Act, the Comptroller General 
of the United States, in consultation with the Attorney 
General, shall conduct a study on— 
(1) the effectiveness of reports on suspicious 
transactions filed pursuant to section 5318(g) of 
title 31, United States Code, at finding individuals 
or organizations suspected or known to be engaged 
with transnational criminal organizations; and 
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(2) whether any engagement described in para-
graph (1) exists in a State, an Indian Tribe, or a 
political subdivision of a State that allows the cul-
tivation, production, manufacture, sale, transpor-
tation, display, dispensing, distribution, or purchase 
of marijuana. 
(b) REQUIREMENTS.—The study required under sub-
section (a) shall examine reports on suspicious trans-
actions— 
(1) relating to marijuana-related businesses, as 
described in the guidance entitled ‘‘BSA Expecta-
tions Regarding Marijuana-Related Businesses’’, 
published by the Financial Crimes Enforcement Net-
work of the Department of the Treasury on Feb-
ruary 14, 2014, during the period beginning on Jan-
uary 1, 2014, and ending on the date of enactment 
of this Act; and 
(2) relating to State-sanctioned marijuana busi-
nesses during the period beginning on January 1, 
2014, and ending on the date that is 1 year after 
the date of enactment of this Act. 
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SEC. 14. APPLICABILITY TO HEMP-RELATED LEGITIMATE 
BUSINESSES AND HEMP-RELATED SERVICE 
PROVIDERS. 
The provisions of this Act (other than sections 6 and 
13) shall apply with respect to hemp-related legitimate 
businesses and hemp-related service providers in the same 
manner as such provisions apply with respect to State- 
sanctioned marijuana businesses and service providers. 
SEC. 15. RULES OF CONSTRUCTION. 
(a) NO REQUIREMENT TO PROVIDE FINANCIAL 
SERVICES.—Nothing in this Act shall require a depository 
institution, an entity performing a financial service for or 
in association with a depository institution, a community 
development financial institution, or an insurer to provide 
financial services to a State-sanctioned marijuana busi-
ness, service provider, or any other business. 
(b) GENERAL EXAMINATION, SUPERVISORY, AND 
ENFORCEMENT AUTHORITY.—Nothing in this Act may be 
construed in any way to limit or otherwise restrict the gen-
eral examination, supervisory, and enforcement authority 
of the Federal banking regulators (including the Depart-
ment of the Treasury), provided that any supervisory or 
enforcement action is not being taken solely because the 
provision of financial services to a State-sanctioned mari-
juana business or service provider. 
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(c) BUSINESS OF INSURANCE.—Nothing in this Act 
shall interfere with the regulation of the business of insur-
ance in accordance with the Act entitled ‘‘An Act to ex-
press the intent of the Congress with reference to the reg-
ulation of the business of insurance’’, approved March 9, 
1945 (commonly known as the ‘‘McCarran-Ferguson 
Act’’; 15 U.S.C. 1011 et seq.), and the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (12 U.S.C. 
5301 et seq.). 
(d) LAW ENFORCEMENT AUTHORITY.—Nothing in 
this Act shall restrict or limit the ability of Federal law 
enforcement agencies to investigate and prosecute money- 
laundering crimes involving proceeds of illegal activity 
other than marijuana-related activities conducted in com-
pliance with the law of the State, Indian Tribe, or political 
subdivision of a State by a State-sanctioned marijuana 
business or service provider. 
Æ 
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