S.J.Res. 9 · 119th Congress
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".
In committee
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Bill details
Introduced: 1/30/2025
Current status: In committee
Introduced by: John Kennedy (R · LA)
Bill ID: 119sjres9
Latest official action: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Bill overview
A neutral overview based on official congressional sources.
Introduced in Senate
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.
Source: BILLSUM · Summary date: 1/30/2025
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