HR 4074 · 116th Congress · Finance and Financial Sector

CLAIM Act

Introduced 2019-07-25· Sponsored by Rep. Velazquez, Nydia M. [D-NY-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-07-25)

Plain Language Summary

[AI summary unavailable — showing source text] 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. The Government Accountability Office must report on barriers to marketplace entry for minority-owned and women-owned cannabis-related businesses.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Stivers, Steve [R-OH-15]OH