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To amend the Commodity Exchange Act to prohibit political election or contest agreements, contracts, transactions, and swaps.
12/20/2024, 9:05 AM
Summary of Bill HR 10505
Bill 118 hr 10505 aims to make changes to the Commodity Exchange Act in order to prevent political election or contest agreements, contracts, transactions, and swaps. This bill seeks to prohibit individuals or entities from engaging in these types of activities within the realm of commodity trading.
The purpose of this legislation is to ensure that the commodity market remains free from any potential manipulation or influence from political entities. By prohibiting these types of agreements and transactions, the bill aims to uphold the integrity and fairness of the commodity exchange market.
If passed, this bill would have significant implications for individuals and entities involved in commodity trading, as they would be required to adhere to the new regulations outlined in the Commodity Exchange Act. This legislation is designed to protect the integrity of the commodity market and prevent any potential conflicts of interest that may arise from political election or contest agreements. Overall, Bill 118 hr 10505 seeks to strengthen the regulations surrounding commodity trading and ensure that the market remains free from any political influence or manipulation.
The purpose of this legislation is to ensure that the commodity market remains free from any potential manipulation or influence from political entities. By prohibiting these types of agreements and transactions, the bill aims to uphold the integrity and fairness of the commodity exchange market.
If passed, this bill would have significant implications for individuals and entities involved in commodity trading, as they would be required to adhere to the new regulations outlined in the Commodity Exchange Act. This legislation is designed to protect the integrity of the commodity market and prevent any potential conflicts of interest that may arise from political election or contest agreements. Overall, Bill 118 hr 10505 seeks to strengthen the regulations surrounding commodity trading and ensure that the market remains free from any political influence or manipulation.
Current Status of Bill HR 10505
Bill HR 10505 is currently in the status of Bill Introduced since December 18, 2024. Bill HR 10505 was introduced during Congress 118 and was introduced to the House on December 18, 2024. Bill HR 10505's most recent activity was Referred to the House Committee on Agriculture. as of December 18, 2024
Bipartisan Support of Bill HR 10505
Total Number of Sponsors
2Democrat Sponsors
2Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
3Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 10505
Primary Policy Focus
Alternate Title(s) of Bill HR 10505
To amend the Commodity Exchange Act to prohibit political election or contest agreements, contracts, transactions, and swaps.
To amend the Commodity Exchange Act to prohibit political election or contest agreements, contracts, transactions, and swaps.
Comments
Sponsors and Cosponsors of HR 10505
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