H.R.6604: Commodity Markets Transparency and Accountability Act of 2008

About This Bill

Bill Summary

Commodity Markets Transparency and Accountability Act of 2008 - (Sec. 3) Amends the Commodity Exchange Act to define "energy commodity" as (1) coal; (2) crude oil, gasoline, diesel fuel, jet fuel, heating oil, and propane; (3) electricity; (4) natural gas; and (5) any other substance that is used as an energy source as determined by the Commodity Futures Trading Commission (CFTC). (Sec. 4) Prohibits CFTC from permitting a foreign board of...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 5 statements associated with H.R.6604.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.6604.

Bill Actions

Date Description
Referred to the House Committee on Agriculture.
Mr. Peterson (MN) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 6604.
On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 276 - 151 (Roll no. 540).
Motion to reconsider laid on the table Agreed to without objection.
Rules Committee Resolution H. Res. 1449 Reported to House. Rule provides for consideration of H.R. 6604 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. The amendment in the nature of a substitute printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted.
Rule H. Res. 1449 passed House.
Considered under the provisions of rule H. Res. 1449.
Rule provides for consideration of H.R. 6604 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. The amendment in the nature of a substitute printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted.
DEBATE - The House proceeded with one hour of debate on H.R. 6604.
Mr. Moran (KS) moved to recommit with instructions to Agriculture.
DEBATE - The House proceeded with ten minutes of debate on the Moran (KS) motion to recommit. The instructions contained in the motion seek to add an amendment stating when the provisions of the bill shall become effective.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 196 - 221 (Roll no. 607).
On passage Passed by recorded vote: 283 - 133 (Roll no. 608).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
July 24, 2008

Introduced in the House by Collin C. Peterson (D-Minn.)

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