S.J.Res. 9 · 119th Congress · Senate

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".

Active· Introduced in Senate
Introduced
Jan 30, 25
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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. 

Action Timeline

2
  1. JAN 30, 2025Senate

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

  2. JAN 30, 2025Library of Congress

    Introduced in Senate

Committees

1

Agriculture, Nutrition, and Forestry Committee

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Referred: Jan 30, 2025

Active