summary
Introduced
03/21/2022
03/21/2022
In Committee
04/04/2022
04/04/2022
Crossed Over
Passed
Dead
01/03/2023
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 amend the definition of "commodity" in the Act to explicitly include water, water rights, and any related indices, measures, values, or data. This would effectively ban the trading of water futures and other water-related financial instruments, which some argue can lead to speculation and price volatility in the water market.
Committee Categories
Agriculture and Natural Resources, Budget and Finance
Sponsors (18)
Ro Khanna (D)*,
Jamaal Bowman (D),
Cori Bush (D),
André Carson (D),
Chuy García (D),
Jahana Hayes (D),
Mondaire Jones (D),
Brenda Lawrence (D),
Barbara Lee (D),
Andy Levin (D),
Eleanor Holmes Norton (D),
Alexandria Ocasio-Cortez (D),
Ilhan Omar (D),
Mark Pocan (D),
Ayanna Pressley (D),
Jan Schakowsky (D),
Rashida Tlaib (D),
Bonnie Watson Coleman (D),
Last Action
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. (on 04/04/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/7182/all-info |
| BillText | https://www.congress.gov/117/bills/hr7182/BILLS-117hr7182ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr7182/BILLS-117hr7182ih.pdf.pdf |
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