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A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".

USA119th CongressSJRES-9| Senate 
| Updated: 1/30/2025
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Tim Sheehy (Republican)

Agriculture, Nutrition, and Forestry Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution proposes to use the Congressional Review Act to nullify a recent guidance from the Commodity Futures Trading Commission (CFTC). The targeted guidance, issued on October 15, 2024, pertains to the listing of voluntary carbon credit derivative contracts . If passed by Congress and signed into law, the CFTC's "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts" would be rendered without force or effect. This action would prevent the guidance from being implemented or enforced, effectively reversing the agency's directive on this matter.
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Timeline
Jan 30, 2025
Introduced in Senate
Jan 30, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2025

Latest Companion Bill Action

HJRES 119-90
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
  • January 30, 2025
    Introduced in Senate


  • January 30, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 18, 2025

    Latest Companion Bill Action

    HJRES 119-90
    Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Finance and Financial Sector

Related Bills

  • HJRES 119-90: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".

USA119th CongressSJRES-9| Senate 
| Updated: 1/30/2025
This joint resolution proposes to use the Congressional Review Act to nullify a recent guidance from the Commodity Futures Trading Commission (CFTC). The targeted guidance, issued on October 15, 2024, pertains to the listing of voluntary carbon credit derivative contracts . If passed by Congress and signed into law, the CFTC's "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts" would be rendered without force or effect. This action would prevent the guidance from being implemented or enforced, effectively reversing the agency's directive on this matter.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 30, 2025
Introduced in Senate
Jan 30, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2025

Latest Companion Bill Action

HJRES 119-90
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
  • January 30, 2025
    Introduced in Senate


  • January 30, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 18, 2025

    Latest Companion Bill Action

    HJRES 119-90
    Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
John Kennedy

John Kennedy

Republican Senator

Louisiana

Cosponsors (1)
Tim Sheehy (Republican)

Agriculture, Nutrition, and Forestry Committee

Finance and Financial Sector

Related Bills

  • HJRES 119-90: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted