CLAIM Act
Latest action · Mar 18, 2021 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 18, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
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 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 1
Members who signed on, in the order they did. All signed on Mar 18, 2021.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OH | Steve Stivers | Original | Mar 18, 2021 |
Actions 2
Everything that happened, newest first.
- Mar 18, 2021Introduced in House
- Mar 18, 2021Referred to the House Committee on Financial Services.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 862 | CLAIM Act | Related bill | Mar 18, 2021 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Administrative law and regulatory procedures
- Banking and financial institutions regulation
- Congressional oversight
- Criminal investigation, prosecution, interrogation
- Drug trafficking and controlled substances
- Finance and Financial Sector
- Financial services and investments
- Government studies and investigations
- Insurance industry and regulation
- Licensing and registrations
- Life, casualty, property insurance
- Minority and disadvantaged businesses
- State and local government operations
- Women in business
Text 1
Each version as it was printed, newest first.
- Mar 18, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.