Bill · H.J.Res. 90· House(119-HJRES-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".
- Introduced
- 4/3/2025
- Last activity
- 4/18/2025 — Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Sponsored by
- Stephanie Bice
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This joint resolution aims to disapprove a specific rule submitted by the Commodity Futures Trading Commission. The rule in question is titled "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts." If passed, this resolution would ensure that the rule has no force or effect.
Yes
Would business owners be better off under this?+1
Reducing regulatory guidance may lower compliance burdens for carbon credit traders.
Does this give people more protection from unfair business practices?+1
Disapproving carbon credit guidance may reduce regulatory oversight for derivative traders.
The opposite
Does this cut the pollution that drives climate change?-2
Disapproving guidance for carbon credit derivatives may reduce the structured market for carbon offsetting.
Does this better protect air, water and wildlife?-2
The reduction in regulatory guidance for carbon credits could impact environmental market oversight.
Does this give the federal government more power?-1
Disapproving the rule limits the regulatory reach of a federal agency.
Who it would affect, and how
Potential Positive Impacts for People
- Prevention of Rule Implementation: By declaring that the rule shall have no force or effect, the resolution stops the implementation of the Commodity Futures Trading Commission's guidance regarding voluntary carbon credit derivative contracts.
Potential Negative Impacts for People
- No specific negative impacts are detailed in the text: The provided text focuses on the action of disapproving the rule but does not list specific consequences or burdens that would result from this disapproval.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Improves Environmental Protections-2Reduces Carbon Emissions-2
- Demographic And Interest Groups
- Good For Business Owners+1
- Economy And Finance
- Improves Consumer Protection+1
- Governance And Ideology
- Increases Federal Power-1
- 4/18/2025
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- 4/3/2025
- Referred to the House Committee on Agriculture.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.