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Bill > HRes629


US HRes629

US HRes629
Providing for consideration of the bill (H.B. 4413) to reauthorize the Commodity Futures Trading Commission, to better protect futures customers, to provide end users with market certainty, to make basic reforms to ensure transparency and accountability at the Commission, to help farmers, ranchers, and end users manage risks to help keep consumer costs low, and for other purposes.


summary

Introduced
06/18/2014
In Committee
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

Sets forth the rule for consideration of the bill (H.B. 4413) to reauthorize the Commodity Futures Trading Commission, to better protect futures customers, to provide end users with market certainty, to make basic reforms to ensure transparency and accountability at the Commission, to help farmers, ranchers, and end users manage risks to help keep consumer costs low.

AI Summary

This Resolution sets the rules for considering H.B. 4413, a bill aimed at reauthorizing the Commodity Futures Trading Commission (CFTC), which is the U.S. government agency that regulates the derivatives markets, including futures and options. The bill seeks to improve protections for those who trade futures contracts (futures customers), provide certainty for businesses that use these markets to manage risks (end users), and implement reforms to make the CFTC more transparent and accountable. The resolution outlines a specific process for debating and amending the bill, including limiting general debate to one hour and allowing amendments to be considered under a "five-minute rule," which is a procedural mechanism for debating amendments. It also waives certain procedural objections (points of order) that could otherwise prevent the bill or its amendments from being considered, and it allows for a final vote on the bill after all amendments have been addressed.

Sponsors (1)

Last Action

Motion to reconsider laid on the table Agreed to without objection. (on 06/19/2014)

bill text


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