In total, 25 senators voted in favor and three voted against.
Committee markup scheduled for Tuesday morning.
The insurance will provide Actual Production History coverage under 508(h) Multi-Peril Crop Insurance (MPCI).
American Farm Bureau Federation leads industry groups in court action.
Party leaders, political observers assess past year, look ahead to 2020.
During the hearing, taxing districts must explain the reason behind the increase and allow time for public comment.
Market analysts estimated the value of 2019 U.S. retail hemp sales ranged from $1.1 billion to $4 billion.