119th Congress
S.J.Res. 9
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".
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- John Kennedy(R-LA)
- Introduced
- Jan 30, 2025
- Policy area
- Finance and Financial Sector
- Committees
- Senate Committee on Agriculture, Nutrition, and Forestry
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (1)
Original cosponsors (1)
- Tim Sheehy (R-MT)
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
This joint resolution nullifies the final guidance issued by the Commodity Futures Trading Commission (CFTC) titled Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts and published on October 15, 2024. The guidance provides factors for designated contract markets (i.e., CFTC-regulated derivatives exchanges) to consider when listing voluntary carbon credit derivative contracts, including characteristics of transparency and permanence.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 30, 2025 · Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. - Jan 30, 2025
Introduced in Senate