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United States · Bill · HR

H.R. 6264 (110th)

To prevent excessive speculation in over-the-counter derivatives markets for certain energy commodities by limiting participation in those markets to persons who are capable of producing, manufacturing, or taking physical delivery of the commodities.

referredUnited States· United States Congress· EN

Introduced

12 June 2008

Last action

19 November 2008 · Referred

Status

Referred to the Subcommittee on General Farm Commodities and Risk Management.

Sponsors

Rep. Larson, John B. [D-CT-1], Rep. LoBiondo, Frank A. [R-NJ-2], Rep. Courtney, Joe [D-CT-2], Rep. Kagen, Steve [D-WI-8], Rep. Wu, David [D-OR-1], Rep. Hill, Baron P. [D-IN-9], Rep. Hinchey, Maurice D. [D-NY-22], Sen. Welch, Peter [D-VT], Rep. Smith, Christopher H. [R-NJ-4], Rep. Carson, André [D-IN-7], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Walz, Timothy J. [D-MN-1], Rep. Rahall, Nick J., II [D-WV-3], Rep. Green, Al [D-TX-9], Rep. Langevin, James R. [D-RI-2], Rep. Meek, Kendrick B. [D-FL-17], Rep. Boyda, Nancy E. [D-KS-2], Rep. Holt, Rush [D-NJ-12], Rep. Carney, Christopher P. [D-PA-10], Rep. Blumenauer, Earl [D-OR-3], Rep. DeFazio, Peter A. [D-OR-4], Sen. Donnelly, Joe [D-IN], Rep. Matsui, Doris O. [D-CA-7], Rep. Doyle, Michael F. [D-PA-14], ROBERT BRADY, Rep. Sánchez, Linda T. [D-CA-38], Rep. McCarthy, Carolyn [D-NY-4], Rep. Farr, Sam [D-CA-20], Rep. Hodes, Paul W. [D-NH-2], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. Olver, John W. [D-MA-1], Rep. Davis, Lincoln [D-TN-4], Rep. Payne, Donald M. [D-NJ-10], Rep. Costello, Jerry F. [D-IL-12], Rep. Hooley, Darlene [D-OR-5], Rep. Boswell, Leonard L. [D-IA-3], Rep. Woolsey, Lynn C. [D-CA-6], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Bishop, Timothy H. [D-NY-1], Rep. Serrano, Jose E. [D-NY-15], Rep. Shea-Porter, Carol [D-NH-1], Rep. Perlmutter, Ed [D-CO-7], Rep. Roybal-Allard, Lucille [D-CA-40], Rep. Solis, Hilda L. [D-CA-32], Rep. Jackson, Jesse L., Jr. [D-IL-2], Rep. Ryan, Tim [D-OH-13], Rep. Richardson, Laura [D-CA-37], Rep. Eshoo, Anna G. [D-CA-18]

Subjects

Energy

Source updated

5 February 2024

Energy

Official sourceDownload fileView documentsShare

Summary

Amends the Commodity Exchange Act to make it unlawful for a person to enter into or execute an otherwise excluded swap transaction or exempt transaction involving crude oil, heating oil, gasoline, or diesel fuel (specified energy commodity), unless the person has been certified by the Commodities Future Trading Commission (CFTC) as having the capacity of accepting physical delivery of the commodity. Makes it unlawful, as well, for any person to hold a contract or agreement of sale of a specified energy commodity for future delivery, which is otherwise an excluded swap transaction or an exempt transaction, unless the CFTC has certified that the person has the capacity to produce or manufacture the commodity.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 June 2008

    Introduced

    Referred to the House Committee on Agriculture.

    Source: IntroReferral

  2. 12 June 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 June 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 19 November 2008

    Referred

    Referred to the Subcommittee on General Farm Commodities and Risk Management.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 12 June 2008

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  • Introduced in House (PDF)

    Introduced in House · EN · 12 June 2008

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 12 June 2008

    Open at official source

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Sponsors

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Related records

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Sources

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