H.R.1003: To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.

About This Bill

Bill Summary

Amends the Commodity Exchange Act to revise the requirement that the Commodity Futures Trading Commission (CFTC), before promulgating a regulation or issuing an order, consider the costs and benefits of the action. Requires the CFTC, through the Office of the Chief Economist, to: (1) assess the costs and benefits, both qualitative and quantitative, of an intended regulation; and (2) propose or adopt a regulation only on a reasoned...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 4 statements associated with H.R.1003.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.1003.

Bill Actions

Date Description
March 20, 2013
Ordered to be Reported by Voice Vote.
March 20, 2013
Committee Consideration and Mark-up Session Held.
March 14, 2013
Committee Hearings Held.
March 6, 2013
Referred to the House Committee on Agriculture.
March 6, 2013

Introduced in the House by K. Michael Conaway (R-Texas)

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