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Ban on Water Futures Trading: Protecting Access and Price Stability.

This Act prohibits the trading of futures contracts for water and water rights on commodity exchanges. The goal is to prevent financial speculation that could lead to price instability and hinder access to this critical resource for farmers and households. This change aims to protect citizens from rising water costs driven by financial market activities.
Key points
Water and water rights cannot be traded on futures markets.
The prohibition also covers all indices, measures, values, or data related to water.
The objective is to stabilize water prices and protect its availability from financial speculation.
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Expired
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Additional Information
Print number: 118_HR_8096
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2024-04-19
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Future of Water Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8096.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-04-19.

What are the main provisions?

Key points include:

  • Water and water rights cannot be traded on futures markets.
  • The prohibition also covers all indices, measures, values, or data related to water.
  • The objective is to stabilize water prices and protect its availability from financial speculation.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Khanna, Ro [D-CA-17].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Environment Economy Agriculture