119th Congress · HOUSE JOINT RESOLUTIONBILL

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".

“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".”

Finance and financial sector

Introduced Apr 3, 2025

Last action Apr 18, 2025

Pipeline · Bill → Law

Step 1

Introduced

Apr 3, 2025

Step 2

Referred

Apr 18, 2025

Agriculture

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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.

Provisions · 1 sectionsIntroduced in House

Timeline · 3 actions

Apr 18, 2025

Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Apr 3, 2025

Introduced in House

Apr 3, 2025

Referred to the House Committee on Agriculture.