119-sjres9

SJRES
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A joint resolution 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".

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Introduced:
Jan 30, 2025
Policy Area:
Finance and Financial Sector

Bill Statistics

2
Actions
1
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Jan 30, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Summaries (1)

Introduced in Senate - Jan 30, 2025 00
<p>This joint resolution nullifies the final guidance issued by the Commodity Futures Trading Commission (CFTC) titled <em>Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts</em> 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.&nbsp;</p>

Actions (2)

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Type: IntroReferral | Source: Senate
Jan 30, 2025
Introduced in Senate
Type: IntroReferral | Source: Library of Congress | Code: 10000
Jan 30, 2025

Subjects (1)

Finance and Financial Sector (Policy Area)

Cosponsors (1)

(R-MT)
Jan 30, 2025

Text Versions (1)

Introduced in Senate

Jan 30, 2025

Full Bill Text

Length: 1,526 characters Version: Introduced in Senate Version Date: Jan 30, 2025 Last Updated: Nov 16, 2025 2:34 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S.J. Res. 9 Introduced in Senate

(IS) ]

<DOC>

119th CONGRESS
1st Session
S. J. RES. 9

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''.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

January 30, 2025

Mr. Kennedy (for himself and Mr. Sheehy) introduced the following joint
resolution; which was read twice and referred to the Committee on
Agriculture, Nutrition, and Forestry

_______________________________________________________________________

JOINT RESOLUTION

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''.

Resolved by the Senate and House of Representatives of the United
States of America in Congress assembled, That Congress disapproves the
final guidance submitted by the Commodity Futures Trading Commission
relating to ``Commission Guidance Regarding the Listing of Voluntary
Carbon Credit Derivative Contracts'' (89 Fed. Reg. 83378 (October 15,
2024)) and such rule shall have no force or effect.
<all>