A bill to amend the Commodity Exchange Act to prohibit trading of water and water rights for future delivery, and for other purposes.

Bill 118 s 4188, also known as the Water Trading Prohibition Act, aims to make amendments to the Commodity Exchange Act in order to prevent the trading of water and water rights for future delivery. The bill seeks to address concerns surrounding the commodification of water, which is a vital resource necessary for human survival and environmental sustainability.

If passed, this legislation would prohibit the trading of water and water rights on commodity exchanges, effectively preventing individuals and entities from treating water as a speculative commodity. This measure is intended to safeguard access to clean and safe water for all individuals, as well as protect the environment from potential exploitation and degradation.

In addition to prohibiting water trading, the bill also includes provisions for other purposes related to water management and conservation. These additional measures may include promoting sustainable water use, protecting water sources, and ensuring equitable access to water resources for all communities. Overall, the Water Trading Prohibition Act seeks to prioritize the importance of water as a fundamental human right and essential resource for life. By prohibiting the trading of water and water rights for future delivery, this legislation aims to protect the integrity and availability of water resources for current and future generations.