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H.J.Res. 90

U.S. House•In House Committee

Summary

H.J.Res. 90, “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"”, was introduced in the House on Apr 3, 2025 by Rep. Stephanie Bice (R). It was referred to Subcommittee on Commodity Markets, Digital Assets, and Rural Development, and last saw action on Apr 18, 2025: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Record

Text

H.J.Res. 90 has no co-sponsors and has not gone to a roll call.

hjr90/introduced-in-house.txt
119 HJ 90 IH: 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”.
 U.S. House of Representatives
 2025-04-03
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 IA  119th CONGRESS  1st Session  H. J. RES. 90  IN THE HOUSE OF REPRESENTATIVES   April 3, 2025   Mrs. Bice  submitted the following joint resolution; which was referred to the  Committee on Agriculture    JOINT RESOLUTION
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 .
That Congress disapproves the final guidance submitted by the Commodity Futures Trading Commission relating to “Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts” (89 Fed. Reg. 83378 (October 15, 2024)) and such rule shall have no force or effect.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-04-03
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Apr 3, 2025

hjr90/introduced-in-house.md

Shown Here:
Introduced in House (04/03/2025)

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.

Sponsors

Rep. Stephanie Bice (R) sponsors H.J.Res. 90 alone.

Committees

H.J.Res. 90 went before 2 committees: Commodity Markets, Digital Assets, and Rural Development Subcommittee and Agriculture.

Commodity Markets, Digital Assets, and Rural Development Subcommittee
Commodity Markets, Digital Assets, and Rural Development Subcommittee
Referred to · Apr 18, 2025 · 46 Bills
Agriculture
Agriculture
Referred To · Apr 3, 2025 · 226 Bills

Actions

H.J.Res. 90 has taken 3 actions since Apr 3, 2025, the latest on Apr 18, 2025.

ChamberAction
Apr 18, 2025
House
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.Commodity Markets, Digital Assets, and Rural Development Subcommittee
Apr 3, 2025
House
Introduced in House
Apr 3, 2025
House
Referred to the House Committee on Agriculture.Agriculture Committee

Votes

H.J.Res. 90 has not gone to a roll call.

1 bill is related to H.J.Res. 90, as Identical bill.

Titles

H.J.Res. 90 goes by 2 titles.

  • 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". — Official Title as Introduced
  • 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". — Display Title

Classification

The Congressional Research Service files H.J.Res. 90 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.J.Res. 90’s is Finance and Financial Sector.

hjres90/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.J.Res. 90, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 60 (Thursday, April 3, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. BICE:H.J. Res. 90.Congress has the power to enact this legislation pursuantto the following:Congress has the power to enact this legislation pursuantto Article 1, Section 8 of the Constitution[Page H1419]

Source: congress.gov · legiscan.com