H.J.Res. 90 Introduced Finance and Financial Sector

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".

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Bice, Stephanie I. [R-OK-5] Introduced April 3, 2025 Cosponsors 0 Latest action April 18, 2025

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. 

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Apr 18, 2025 Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
  2. Apr 3, 2025 Referred to the House Committee on Agriculture.
  3. Apr 3, 2025 Introduced in House

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