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US HJR90

Joint Resolution

Status

Introduced

4/3/2025

Primary Sponsor

Stephanie Bice

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • 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)

  • The CFTC rule would have no force or effect if this resolution is enacted

  • Uses the Congressional Review Act (chapter 8 of title 5, U.S. Code) to nullify the agency guidance

  • 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

Committee Referrals

Subcommittee on Commodity Markets, Digital Assets, and Rural Development4/18/2025
Agriculture4/3/2025

Full Bill Text

No bill text available