HR 7987 · 119th Congress · Finance and Financial Sector

CLIMB Act

Introduced 2026-03-18· Sponsored by Rep. Reschenthaler, Guy [R-PA-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2026-03-18)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7987 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7987 To prohibit Federal agencies from taking any adverse action against a person solely because the person provides business assistance to a cannabis-related legitimate business, to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 18, 2026 Mr. Reschenthaler (for himself and Mr. Carter of Louisiana) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To prohibit Federal agencies from taking any adverse action against a person solely because the person provides business assistance to a cannabis-related legitimate business, to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities…

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

Cosponsors (2)

2 Democrats