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Disapproval of Voluntary Carbon Credit Trading Guidance

This U.S. Congressional resolution aims to nullify guidance issued by the Commodity Futures Trading Commission (CFTC) regarding the listing of voluntary carbon credit derivative contracts. This means that the previous rules for this type of trading will not take effect, potentially impacting the carbon credit market and related investments.
Key points
Congress disapproves CFTC guidance on carbon credit trading.
Rules for voluntary carbon credit derivative contracts will not be enforced.
This may affect the stability and transparency of the voluntary carbon credit market.
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Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_90
Sponsor: Rep. Bice, Stephanie I. [R-OK-5]
Process start date: 2025-04-03
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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".

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HJRES_90.

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 2025-04-03.

What are the main provisions?

Key points include:

  • Congress disapproves CFTC guidance on carbon credit trading.
  • Rules for voluntary carbon credit derivative contracts will not be enforced.
  • This may affect the stability and transparency of the voluntary carbon credit market.
What is the specific legal status?

The current status is Introduced.

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. Bice, Stephanie I. [R-OK-5].

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 2025-12-21.

CATEGORIES

Environment Economy