Rep. Velazquez Introduces Bill to Create Safe Harbor for Insurers

WASHINGTON, July 27 -- Rep. Nydia M. Velazquez, D-N.Y., has introduced legislation (H.R. 4074) to "create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related business."

The bill was introduced on July 25 and was co-sponsored by Rep. Steve Stivers, R-Ohio. It was referred to the House Financial Services Committee.

For more information, Rep. Nydia M. Velazquez, 2302 Rayburn House Office Building, Washington, DC 20515; 202/225-2361; or in the district offices at 500 Pearl St., Ste. 973, New York, NY 10007; 212/619-2606; 266 Broadway, Ste. 201, Brooklyn, NY 11211; 718/599-3658; 16 Court St., Ste. 1006, Brooklyn, NY 11241.

TARGETED NEWS SERVICE, Harwood Place, Springfield, Virginia, USA: Myron Struck, editor; 703/304-1897; editor@targetednews.com; https://targetednews.com