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HJRES 90In committeeFinancehouse

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".

Introduced Apr 3, 2025 by Rep. Stephanie I. Bice

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Latest action · Apr 18, 2025
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
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What it does

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.

Summary by the Congressional Research Service.

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