Clarifying Law Around Insurance of Marijuana Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 18, 2021
Last action Mar 18, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 18, 2021
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Mar 18, 2021
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Robert Menendez
DDemocratic
Co
Jeff Merkley
DDemocratic
Co
Rand Paul
RRepublican
Co
Steve Daines
RRepublican
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