S.2058: Close the Enron Loophole Act

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about law
  • Introduced Sept. 17, 2007
  • Latest Major Action Sept. 17, 2007

Bill Sponsor

Bill Summary

Close the Enron Loophole Act - Amends the Commodity Exchange Act to provide that it applies to an agreement, contract, or transaction in an exempt commodity that is executed or traded on an electronic trading facility that is an energy trading center.Prohibits any person from entering into an agreement, contract, or transaction for future delivery of an energy commodity that is not a spot sale of cash commodity or a sale of a cash commodity...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sept. 17, 2007

Introduced in the Senate by Carl Levin (D-Mich.)

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