S. 1359 · 118th Congress
CLAIM Act
- Stage
- In committee
- Sponsor
- Bob Menendez
- Introduced
- 2023-04-27
- Latest action
- 2023-04-27 · Introduced in Senate
Summary
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.