U.S. Congress legislation · 119th Congress
HB10471: CLAIM Act
Status: In committee, September 16, 2026
To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes.
What the bill says
To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes.
From the introduced text, September 16, 2026:
A BILL To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes. SECTION 1. Short title This Act may be cited as the Clarifying Law Around Insurance of Marijuana Act or the CLAIM Act . SECTION 2. Safe harbor for insurers and the business of insurance (a) Definitions In this Act: (1) Cannabis The term cannabis has the meaning given the term marihuana in section 102 of the Controlled Substances Act ( 21 U.S.C. 802 ). (2) Cannabis product The term cannabis product means any article which contains cannabis, including an article which is a concentrate, an edible, a tincture, a cannabis-infused product, or a topical. (3) Cannabis-related legitimate business The term cannabis-related legitimate business means a manufacturer, producer, or any person or company that-- (A) engages in any activity described in subparagraph (B) pursuant to a law established by a State or a political subdivision of a State, as determined by such State or political subdivision; and (B) participates in any business or organized activity that involves handling cannabis or cannabis products, including cultivating, producing, manufacturing, selling, transporting, displaying, dispensing, distributing, or purchasing cannabis or cannabis products. (4) Federal agency The term Federal agency -- (A) has the meaning given the term Executive agency in …
Sponsors
- Nydia Velazquez (D, HD-NY-7) · primary sponsor
- Warren Davidson (R, HD-008)
Latest actions
- : Referred to the House Committee on Financial Services.
- : Introduced in House
Subjects: Finance and Financial Sector
Common questions
- What is HB10471?
- HB10471 is a bill in Congress (119th Congress): CLAIM Act.
- What does HB10471 do?
- In its own words: To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes.
- What is the status of HB10471?
- In committee as of September 16, 2026. Latest action: Referred to the House Committee on Financial Services. (September 16, 2026).
- Who sponsored HB10471?
- Nydia Velazquez (D, HD-NY-7), with 1 co-sponsor.
- Where is the official record for HB10471?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10471
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.