CLAIM Act

Fact Sheet API

Bill Number

S 2201

Introduced

Jul 22, 2019

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Banking and financial institutions regulation Criminal investigation, prosecution, interrogation Drug trafficking and controlled substances Finance and Financial Sector Financial services and investments Insurance industry and regulation Licensing and registrations Life, casualty, property insurance State and local government operations

Full Text

View Full Bill Text

Votes

Summary

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 businesses in jurisdictions where such activity is legal.

Actions

Jul 22, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 22, 2019

Introduced in Senate

Amendments

Related Bills