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CLIMB Act
4/2/2026, 5:28 PM
Summary of Bill HR 7987
The bill, titled "To prohibit Federal agencies from taking adverse action against those supporting cannabis-related businesses and to amend the Securities Exchange Act of 1934," was introduced in the 119th Congress as H.R. 7987 on March 18, 2026. The bill aims to protect individuals offering business assistance to cannabis-related legitimate businesses from federal agency repercussions and proposes amendments to establish a safe harbor for national securities exchanges to list securities of such businesses.
Read the Full Bill
Current Status of Bill HR 7987
Bill HR 7987 is currently in the status of Bill Introduced since March 18, 2026. Bill HR 7987 was introduced during Congress 119 and was introduced to the House on March 18, 2026. Bill HR 7987's most recent activity was Referred to the House Committee on Financial Services. as of March 18, 2026
Bipartisan Support of Bill HR 7987
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7987
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 7987
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.
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.
Comments
Everlee Tilley
1,014
3 months ago
I don't support it. It could have negative impacts on our society in the long run.
Sponsors and Cosponsors of HR 7987
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