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Limiting the Definition of 'Commercial' in US Arbitration Law

This bill modifies federal arbitration law by narrowing the definition of cases considered 'commercial' under international arbitration agreements. This change means fewer disputes will automatically fall under international arbitration rules, potentially affecting how conflicts with foreign entities are resolved. The new rules apply retroactively to cases already pending in court.
Key points
Narrows the scope of cases defined as 'commercial' within the Federal Arbitration Act (Title 9, U.S. Code).
Fewer disputes, especially international ones, will be subject to the New York Convention on arbitration.
The new rules apply retroactively to legal actions and proceedings that are currently pending.
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Additional Information
Print number: 118_S_4473
Sponsor: Sen. Blumenthal, Richard [D-CT]
Process start date: 2024-06-05
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to limit the definition of commercial in title 9, United States Code.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4473.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-06-05.

What are the main provisions?

Key points include:

  • Narrows the scope of cases defined as 'commercial' within the Federal Arbitration Act (Title 9, U.S. Code).
  • Fewer disputes, especially international ones, will be subject to the New York Convention on arbitration.
  • The new rules apply retroactively to legal actions and proceedings that are currently pending.
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 Sen. Blumenthal, Richard [D-CT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

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