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CLAIM Act

In committee: it can still change before the session ends.

US S 5049 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Jul 21, 2026

What it does

The CLAIM Act would create a safe harbor for insurers providing insurance services to cannabis-related legitimate businesses operating under state, tribal, or local law, prohibiting federal agencies from penalizing, discouraging, or taking adverse supervisory actions against insurers solely for engaging in such business. It also protects insurers and their officers, directors, and employees from federal liability for providing insurance or investing income derived from insuring cannabis-related businesses in jurisdictions where such activity is legal. Additionally, the bill requires the GAO to study barriers to marketplace entry and access to financial services for minority-owned and…

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jul 21, 2026

  2. Committee (Current step)

    In committee · Jul 21, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

CLAIM Act | 52