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S. 862

Clarifying Law Around Insurance of Marijuana Act

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.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees2actions1related bills13subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Clarifying Law Around Insurance of Marijuana Act — Informed