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HR 6377 110th Congress House Finance and Financial Sector Commodity Futures Trading Commission Energy Energy demand Energy prices Energy supplies Futures trading Government Operations and Politics Independent regulatory commissions Petroleum Swaps (Finance)

Energy Markets Emergency Act of 2008

Introduced: June 26, 2008 See on congress.gov
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 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 8, 2008
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 864.
Jul 7, 2008
Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Jun 26, 2008
Received in the Senate.
Jun 26, 2008
Motion to reconsider laid on the table Agreed to without objection.
Jun 26, 2008
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 402 - 19 (Roll no. 468). (text: CR H6103-6104)
Jun 26, 2008
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 402 - 19 (Roll no. 468).(text: CR H6103-6104)
Jun 26, 2008
Considered as unfinished business. (consideration: CR H6143-6144)
Jun 26, 2008
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jun 26, 2008
DEBATE - The House proceeded with forty minutes of debate on H.R. 6377.
Jun 26, 2008
Considered under suspension of the rules. (consideration: CR H6103-6110)
Jun 26, 2008
Mr. Peterson (MN) moved to suspend the rules and pass the bill.
Jun 26, 2008
Referred to the House Committee on Agriculture.
Jun 26, 2008
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 26, 2008 House · vote #468 On Motion to Suspend the Rules and Pass Passed 402–19 See who voted →
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Energy Markets Emergency Act of 2008 - Directs the Commodity Futures Trading Commission (CFTC) to utilize all its authority, including its emergency powers, to: (1) curb immediately the role of excessive speculation in any contract market within its jurisdiction and control on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.

What's happening now July 8, 2008

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 864.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4