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SENATE 1359118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

CLAIM Act

Last Action
4/27/2023

Actions

  • 2023-04-27Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2023-04-27Introduced in Senate

CRS Summary

As of 2023-04-27 (00)

Clarifying Law Around Insurance of Marijuana Act or the CLAIM Act

This bill generally provides a safe harbor from penalties or other adverse agency action for insurance companies that provide services to cannabis-related legitimate businesses in jurisdictions where such activity is legal.

The Government Accountability Office must report on barriers to marketplace entry for minority-owned and women-owned cannabis-related businesses.

Cosponsors (4)

  • Rand Paul (R-KY)
  • Jon Tester (D-MT)
  • Steve Daines (R-MT)
  • Jeff Merkley (D-OR)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.