H.R.2068 - CLAIM Act117th Congress (2021-2022) |
|Sponsor:||Rep. Velazquez, Nydia M. [D-NY-7] (Introduced 03/18/2021)|
|Committees:||House - Financial Services|
|Latest Action:||House - 03/18/2021 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.2068 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (03/18/2021)
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.