AB 717 Public contracts: armored courier services

This bill is part of the 2019 Cannabis Bills section of our ongoing update on California Cannabis Legislation – see the full California Cannabis Law Legislative Update which includes information on cannabis bills from other years. 

AB 717  (Nazarian D)   Public contracts: armored courier services.

Existing law authorizes state agencies, as defined, to acquire goods and services, subject to specified requirements, including a competitive bidding process for public contracts.

This bill would require a state agency, in consultation with the Treasurer’s office to contract with an armored car service provider to pick up, count, and transport to a bank or financial institution the cash remits of any state-imposed taxes and fees that are administered by that state agency from participating businesses in California, including cannabis-related businesses.

The bill would require specified armored car service providers to enter into, or have already entered into, a labor peace agreement, as defined, in order to contract with a state agency. The bill would also authorize the state agency to enter into an agreement with a local government, special district, or other local entity imposing a tax or fee to provide the armored car service.

The bill would authorize a state agency to enter into an agreement with a participating business to that effect, and to charge a participating business a fee to cover the reasonable costs to the state agency of providing the armored car service.

Read more about California Cannabis Legislation – see the full California Cannabis Law Legislative Update.

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