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Commodity End-User Relief Act

11/15/2019, 9:47 PM

Congressional Summary of S 2917

Commodity End-User Relief Act

This bill amends the Commodity Exchange Act to reauthorize it and the Commodity Futures Trading Commission (CFTC) through FY2019, and revise requirements and prohibitions regarding:

  • registered futures associations;
  • futures commission merchants;
  • commodity brokers in bankruptcy;
  • futures trading transactions;
  • judicial review of CFTC rules;
  • the public interest exemption from futures trading and foreign transactions regulations of certain agreements, contracts, or transactions entered into pursuant to an approved or permitted tariff or rate schedule;
  • swap dealers;
  • unregistered designated contract markets or a swap execution facilities;
  • bona fide hedging transactions or positions; and
  • commodity pool operators that are qualified charitable organizations.

Current Status of Bill S 2917

Bill S 2917 is currently in the status of Bill Introduced since May 10, 2016. Bill S 2917 was introduced during Congress 114 and was introduced to the Senate on May 10, 2016.  Bill S 2917's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 461. as of May 10, 2016

Bipartisan Support of Bill S 2917

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2917

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Administrative law and regulatory procedures
- Banking and financial institutions regulation
- Business records
- Commodities markets
- Commodity Futures Trading Commission
- Congressional oversight
- Electric power generation and transmission
- Employee benefits and pensions
- Government information and archives
- Government studies and investigations
- Judicial review and appeals
- Metals
- Oil and gas
- Public utilities and utility rates
- Religion
- Securities
- Social work, volunteer service, charitable organizations

Alternate Title(s) of Bill S 2917

Commodity End-User Relief Act
Commodity End-User Relief Act
An original bill to reauthorize the Commodity Futures Trading Commission, to ensure protections of futures customers, to provide relief for farmers, ranchers, and end-users that manage risk to help keep consumer costs low, and for other purposes.

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