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".

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. 

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Timeline

1. 30 January 2025

   Introduced

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

   Source: IntroReferral

2. 30 January 2025

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

2 official files

• Introduced in Senate

  Introduced in Senate · EN · 30 January 2025

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 30 January 2025

  Open at official source

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Sponsors

• Sen. Kennedy, John [R-LA] · R · Sponsor
• Sen. Sheehy, Tim [R-MT] · R · Sponsor
• · ssaf00 · Standing

Related records

• related to ← 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".