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US HJR90
Joint Resolution
Status
4/3/2025
Primary Sponsor
Stephanie Bice
Click for details
AI Summary
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Congress disapproves the Commodity Futures Trading Commission (CFTC) guidance on listing voluntary carbon credit derivative contracts, published in the Federal Register on October 15, 2024 (89 Fed. Reg. 83378)
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The CFTC rule would have no force or effect if this resolution is enacted
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Uses the Congressional Review Act (chapter 8 of title 5, U.S. Code) to nullify the agency guidance
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Introduced by Rep. Bice on April 3, 2025, and referred to the House Committee on Agriculture
Legislative Description
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".
Finance and financial sector
Last Action
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
4/18/2025