H. R. 7987
Introduced in House · March 31, 2026March 18, 2026
Mr. Reschenthaler (for himself and Mr. Carter of Louisiana) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To prohibit Federal agencies from taking any adverse action against a person solely because the person provides business assistance to a cannabis-related legitimate business, to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Capital Lending and Investment for Marijuana Businesses Act” or the “CLIMB Act”.