Summary: S.862 — 117th Congress (2021-2022)All Information (Except Text)

There is one summary for S.862. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (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.