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US HB6598

Bill

Status

Introduced

12/10/2025

Primary Sponsor

Austin Scott

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Origin

House of Representatives

119th Congress

AI Summary

  • Amends Section 18 of the Commodity Exchange Act to require the CFTC to establish research, development, demonstration, and information programs focused on emerging technologies, cybersecurity, data security, and systemic risk implications for regulated markets

  • Grants the CFTC "other transaction authority" to enter into non-contract agreements that bypass standard federal procurement rules when contracts are not feasible, with competitive processes required where appropriate

  • Authorizes the CFTC to accept non-monetary contributions (facility access, property, services, research sharing) from outside parties for research programs, subject to ethics restrictions preventing conflicts of interest or appearances of endorsement

  • Requires the CFTC to notify the House and Senate Agriculture Committees within 14 days of accepting any non-monetary contribution, and to submit annual reports detailing all transactions and contributions

  • Sets a sunset date of October 1, 2031 for the non-monetary contribution acceptance authority

Legislative Description

Commodity Futures Trading Commission Research and Development Modernization Act of 2025

Last Action

Referred to the House Committee on Agriculture.

12/10/2025

Committee Referrals

Agriculture12/10/2025

Full Bill Text

No bill text available