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Bill > S3886


US S3886

US S3886
Future of Water Act of 2022


summary

Introduced
03/21/2022
In Committee
03/21/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Commodity Exchange Act to prohibit trading of water and water rights for future delivery, and for other purposes.

AI Summary

This bill, the Future of Water Act of 2022, aims to amend the Commodity Exchange Act to prohibit the trading of water and water rights for future delivery. Specifically, it would remove water and water rights (including any related indexes, measures, values, or data) from the definition of a "commodity" under the Act, effectively banning their trading on commodity exchanges. This is intended to prevent the potential commodification and speculation of a vital natural resource like water.

Committee Categories

Agriculture and Natural Resources

Sponsors (5)

Last Action

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (on 03/21/2022)

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