Create a safe harbor for insurers that provide insurance services connected to cannabis-related legitimate businesses.

Nydia M. Velázquez · New York · Democratic

policy impact 0.55 specificity 0.88 extraction confidence 78%

Commitment kind: outcome. Promised action: Support legislation creating legal safe harbor protections for insurers serving cannabis-related legitimate businesses.. Promised outcome: Insurers engaging in the business of insurance connected to cannabis-related legitimate businesses would have a safe harbor.. Deadline: unknown; not assumed expired. 119th Congress, 2nd session; H.R. 10471 introduced in the House by Rep. Nydia M. Velázquez on September 16, 2026.

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Occurrences

Ms. Velázquez (for herself and Mr. Davidson) introduced the following bill; which was referred to the Committee on Financial Services Bill Number H.R. 10471 Bill Version Introduced in House (IH) Short Title Clarifying Law Around Insurance of Marijuana Act Full Title To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes.

Velázquez introduced H.R. 10471, a bill whose stated purpose is to create a safe harbor for insurers serving cannabis-related legitimate businesses.

H.R. 10471 (IH) - Clarifying Law Around Insurance of Marijuana Act - BILLS-119hr10471ih | Content Details | GovInfo
primary · other · model gpt-5.5

Evidence

unverified · Source version 69877 · locator unknown

Ms. Velázquez (for herself and Mr. Davidson) introduced the following bill; which was referred to the Committee on Financial Services

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Official bill text shows Velázquez introduced the CLAIM Act in the 119th Congress and that it was referred to committee, indicating concrete legislative effort but not enactment.

unresolved same_term A for effort

H. R. 10471 (Introduced-in-House)
secondary · model gpt-5.5 · confidence 93%

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unverified · Source version 69877 · locator unknown

A Federal agency may not— (1) prohibit, penalize, or otherwise discourage an insurer from engaging in the business of insurance in connection with— (A) a cannabis-related legitimate business;

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The introduced bill contains the promised safe-harbor language for insurers serving cannabis-related legitimate businesses, but the available official record identifies it as introduced-in-House rather than enacted.

unresolved same_term A for effort

H. R. 10471 (Introduced-in-House)
secondary · model gpt-5.5 · confidence 91%

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unverified · Source version 81720 · locator unknown

Last Action Date Listed September 16, 2026 Action Ms. Velázquez (for herself and Mr. Davidson) introduced the following bill; which was referred to the Committee on Financial Services Bill Version Introduced in House (IH)

Unverified model/legacy excerpt; not proof. AI summary (separate from source): GovInfo's official bill metadata shows the latest listed action is introduction and referral to House Financial Services, with the bill version still "Introduced in House," so the safe-harbor commitment remains unresolved while showing concrete legislative effort.

unresolved same_term A for effort

H.R. 10471 (IH) - Clarifying Law Around Insurance of Marijuana Act - BILLS-119hr10471ih | Related Documents | GovInfo
primary · model gpt-5.5 · confidence 95%

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unverified · Source version 81722 · locator unknown

By Ms. VELA´ ZQUEZ (for herself and Mr. DAVIDSON): H.R. 10471. A bill to create a safe harbor for insurers engaging in the business of insur- ance in connection with a cannabis-related legitimate business, and for other purposes; to the Committee on Financial Services.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The Congressional Record confirms Velázquez introduced H.R. 10471 during the lookback window and that it was referred to committee rather than recorded as passed or enacted.

unresolved same_term A for effort

CREC-2026-09-16-pt1-PgH5979-2.pdf
secondary · model gpt-5.5 · confidence 93%

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