A bill to limit the definition of commercial in title 9, United States Code.

Bill 118 s 4473, titled "A bill to limit the definition of commercial in title 9, United States Code," aims to narrow the scope of what constitutes commercial activity under US law. The bill seeks to clarify and restrict the definition of commercial activity in Title 9 of the United States Code, which pertains to arbitration.

The bill proposes that only activities that involve the buying and selling of goods or services for profit should be considered commercial in nature. This would exclude certain activities that are currently classified as commercial, such as non-profit organizations or government agencies engaging in arbitration.

Supporters of the bill argue that the current definition of commercial activity is too broad and can lead to unnecessary regulation and oversight of non-profit and government entities. They believe that by limiting the definition to only include for-profit activities, the law will be more clear and targeted in its application. Opponents of the bill, however, argue that narrowing the definition of commercial activity could potentially exclude important arbitration cases that involve non-profit organizations or government agencies. They believe that the current definition is broad enough to encompass a wide range of activities and should not be restricted. Overall, Bill 118 s 4473 seeks to bring clarity and specificity to the definition of commercial activity in Title 9 of the United States Code. It is currently being debated in Congress, with both supporters and opponents voicing their opinions on the potential impact of the bill.