SJRES 9 · 119th Congress · Finance and Financial Sector

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".

Introduced 2025-01-30· Sponsored by Sen. Kennedy, John [R-LA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2025-01-30)

Plain Language Summary

[AI summary unavailable — showing source text] 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. …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican