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117th Congress · House bill · Last action Mar 18, 2021
Bills›Finance and Financial Sector›H.R. 2068Congress.gov ↗
H.R. 2068In CommitteeFinance and Financial Sector

CLAIM Act

Sponsor: Rep. Velazquez, Nydia M. (D-NY)1 cosponsorIntroduced Mar 18, 2021
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In plain English

H.R. 2068 protects insurance companies from federal penalties or enforcement action when they provide insurance services to cannabis businesses operating legally under state law. The bill requires the Government Accountability Office to study and report on barriers that prevent minority-owned and women-owned cannabis businesses from entering the insurance marketplace.

What’s in the bill (2 sections)
  • Sec. 2. Safe harbor for insurers and the business of insurance
  • Sec. 3. Gao study on diversity and inclusion
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Note: the official CRS summary for this bill was written on 2021-03-18, but the bill text was revised on 2021-03-18T04:00:00Z. Provisions may have been added since the summary was written — the section list above reflects the current text.

Where it is in the process

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Introduced
Mar 18
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House committee
Mar 18
3
House floor
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4
Senate
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the House floor.

Community vote

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Sponsor

Cosponsors (1)

SR
All Republican.

Activity timeline

Mar 18
Mar 18, 2021
Referred to the House Committee on Financial Services.
Mar 18
Mar 18, 2021
Introduced in House
Mar 18
Mar 18, 2021
Introduced in House
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Read full text →

Full action log

All 3 recorded actions since introduction · Source: Congress.gov
Mar 18
HOUSEReferred to the House Committee on Financial Services.
Mar 18
Introduced in House
Mar 18
Introduced in House

All 1 cosponsor

0 Democrats · 1 Republican
Republicans (1)
Stivers, SteveOH-15
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