In CommitteeFiled Mar 18, 2026
Sponsor: Rep. Reschenthaler, Guy [R-PA-14] (R)
Latest Action
Referred to the House Committee on Financial Services.
Mar 18, 2026
Summary
The CLIMB Act bars federal agencies from taking adverse action against anyone who provides financial, legal, insurance, real‑estate, technology or other business services to a cannabis‑related legitimate business. It also amends the Securities Exchange Act to give national securities exchanges a safe harbor for listing and trading securities of those businesses and their service providers. The goal is to reduce federal interference and open capital markets to the legal cannabis industry.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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