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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