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Prohibiting Futures Trading of Water and Water Rights

This act aims to prohibit the trading of water and water rights as commodities for future delivery. This means that speculating on the future price of water will not be allowed, which could help stabilize its costs and availability for citizens.
Key points
Prohibits the trading of water and water rights on commodity exchanges.
Aims to prevent speculation on water prices, potentially leading to more stable costs for consumers.
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Additional Information
Print number: 117_S_3886
Sponsor: Sen. Warren, Elizabeth [D-MA]
Process start date: 2022-03-21