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House bill · H.R. 7987 (119th Congress)

CLIMB Act

U.S. House of Representatives

Latest action Apr 27, 2026

Sponsor: Guy Reschenthaler (U.S. Representative, PA-14, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Would bar federal agencies from taking adverse action against a person solely for providing business assistance to what the bill calls a cannabis-related legitimate business, and would create a safe harbor under securities law for national exchanges that list such businesses' securities.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

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Cosponsors

5

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic4
  • Republican1

This bill has cosponsors from more than one party.

Shown in neutral colors by design; Agora is non-partisan.

Full history

  1. Apr 27, 2026

    Introduced

    Introduced in U.S. House

    U.S. House

  2. Mar 18, 2026

    Introduced

    Introduced in House

    U.S. House of Representatives

  3. Mar 18, 2026

    In committee

    Referred to the House Committee on Financial Services.

    U.S. House

  4. Mar 18, 2026

    Referred to committee

    Referred to the House Committee on Financial Services.

    U.S. House of Representatives

Read the record