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".
119-HJRES-90119th CongressIntroduced Apr 3, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Sponsor
Rep. Bice, Stephanie I. [R-OK-5](R-OK-5)Summary
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.
Actions (4)
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Apr 18, 2025House committee actions
Referred to the House Committee on Agriculture.
Apr 3, 2025House floor actions
Introduced in House
Apr 3, 2025Library of Congress
Introduced in House
Apr 3, 2025Library of Congress