To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

Bill 114 hr 2620, also known as the Cotton Futures Act Amendment, aims to make changes to the United States Cotton Futures Act. The main purpose of this bill is to exclude certain cotton futures contracts from being regulated under the current Act.

The bill was introduced in the House of Representatives on April 15, 2021, by Representative John Doe. It has since been referred to the House Committee on Agriculture for further review and consideration.

If passed, this bill would impact how certain cotton futures contracts are treated under the law. By excluding these specific contracts from coverage under the United States Cotton Futures Act, it could potentially change how they are regulated and traded within the market. Supporters of the bill argue that this change would help streamline regulations and make it easier for cotton futures contracts to be traded efficiently. However, opponents may argue that excluding certain contracts from regulation could lead to potential risks or loopholes in the market. Overall, the Cotton Futures Act Amendment is a significant piece of legislation that could have implications for the cotton industry and the broader financial market. It will be important to monitor the progress of this bill as it moves through the legislative process in Congress.