H.R. 7987 119th Congress House

CLIMB Act

Official title: 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.

Introduced: March 18, 2026 Introduced by: Guy Reschenthaler Republican · Pennsylvania See on congress.gov

Finance and Financial Sector

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 18, 2026

Introduced in House

Mar 18, 2026

Referred to the House Committee on Financial Services.

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What's happening now March 18, 2026

Referred to the House Committee on Financial Services.

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Financial Services Committee
House of Representatives

Lobbying activity 9

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

HOLLAND & KNIGHT LLP
for THE US CANNABIS ROUNDTABLE · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
ERIN MOFFET
for NATIONAL CANNABIS INDUSTRY ASSOCIATION · Colorado · 2nd Quarter 2026 (Apr 1 - June 30)
ERIN MOFFET
for NATIONAL CANNABIS INDUSTRY ASSOCIATION · Colorado · 1st Quarter 2026 (Jan 1 - Mar 31)
HOLLAND & KNIGHT LLP
for THE US CANNABIS ROUNDTABLE · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
THE LIAISON GROUP, LLC
for CANNABIS FINNANCIAL INDUSTRY GROUP · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
THE LIAISON GROUP, LLC
for UNITED STATES CANNABIS ROUNDTABLE · Illinois · 2nd Quarter 2026 (Apr 1 - June 30)

Bodies those filers lobbied

HOUSE OF REPRESENTATIVES
8 filings
SENATE
8 filings

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

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Cosponsors 5