S 1359 · 118th Congress · Finance and Financial Sector

CLAIM Act

Introduced 2023-04-27· Sponsored by Sen. Menendez, Robert [D-NJ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2023-04-27)

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 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.…

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

Cosponsors (4)

2 Democrats2 Republicans