Create a safe harbor for national securities exchanges to list securities of cannabis-related legitimate businesses.

Guy Reschenthaler · Pennsylvania · Republican

policy impact 3.00 specificity 1.00 extraction confidence 96%

Contest this claim

Occurrences

Evidence

Mr. Carter of Louisiana (for himself and Mr. Reschenthaler) introduced the following bill; which was referred to the Committee on Financial Services. The bill text states it would '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.'

Reschenthaler co-sponsored and introduced the CLIMB Act language explicitly matching the claim, but the bill was only introduced and referred.

never same_term A for effort

H.R.8200 - 117th Congress (2021-2022): CLIMB Act | Congress.gov | Library of Congress
secondary · model gpt-5.4-mini · confidence 97%

Contest this evidence item

The bill text includes the purpose '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.'

Primary bill text confirms the exact policy claim was drafted into legislation, but this is still only proposal text with no enactment.

never same_term A for effort

H.R. 8200 (117th Congress) bill text | GovInfo
secondary · model gpt-5.4-mini · confidence 95%

Contest this evidence item

The Congressional Record records: 'CARTER of Louisiana (for himself and Mr. Reschenthaler): H.R. 8200. A bill to amend any applicable federal law ... and 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; to the Committee on Financial Services.'

Official floor record shows the claim was formally introduced, but there is no indication of passage, committee markup, or enactment.

never same_term A for effort

Congressional Record | Congress.gov | Library of Congress
secondary · model gpt-5.4-mini · confidence 93%

Contest this evidence item

Assessments

never same_term A for effort

The claim matches H.R. 8200, introduced in the 117th Congress by Rep. Troy Carter for himself and Rep. Reschenthaler, to create a safe harbor for national securities exchanges to list securities of cannabis-related legitimate businesses. That shows Reschenthaler materially advanced the promised policy through formal legislation. However, the evidence only shows introduction and referral to committee, with no passage in Congress and no enactment into law. Because there was a serious legislative attempt but the promised outcome was not delivered, the appropriate judgment is never with an effort badge.

provider openai · model gpt-5.4 · confidence 97%