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119-hr-7987Committee
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CLIMB Act

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Summary

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The CLIMB Act prohibits federal agencies from taking adverse action against persons or businesses that provide services to cannabis-related legitimate businesses operating under state law. It amends the Securities Exchange Act of 1934 to create a safe harbor allowing national securities exchanges and market participants to list and trade securities of cannabis businesses and their service providers without violating federal law.

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Bill details

Congress
119
Bill type
hr
Introduced
March 18, 2026
Sponsor
Guy ReschenthalerRPA
Cosponsors
5
Last action
March 18, 2026— Referred to the House Committee on Financial Services.

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