H.R. 7987 Introduced Finance and Financial Sector

CLIMB Act

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.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Reschenthaler, Guy [R-PA-14] Introduced March 18, 2026 Cosponsors 5 (4 D, 1 R) Latest action March 18, 2026

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Mar 18, 2026 Referred to the House Committee on Financial Services.
  2. Mar 18, 2026 Introduced in House

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