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HR 1003 113th Congress House Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Commodities markets Commodity Futures Trading Commission

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

Introduced: March 6, 2013 See on congress.gov
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 2013
Ordered to be Reported by Voice Vote.
Mar 20, 2013
Committee Consideration and Mark-up Session Held.
Mar 14, 2013
Committee Hearings Held.
Mar 6, 2013
Referred to the House Committee on Agriculture.
Mar 6, 2013
Introduced in House
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 Plain-English summary Congressional Research Service

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 determination that the benefits justify the costs.

Lists additional mandatory considerations for the CFTC to evaluate in making a reasoned determination of the costs and the benefits, including the impact on market liquidity in the futures and swaps markets, as well as alternatives to direct regulation.

What's happening now March 20, 2013

Ordered to be Reported by Voice Vote.

 Related & companion bills 1
  • S 2330 Related bill End-User Protection Act of 2014
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 1 Republican 1
D
Vargas, Juan
California · Mar 13, 2013
Garrett, Scott
· Mar 6, 2013
 R
Jordan, Jim
Ohio · Mar 6, 2013
McHenry, Patrick
· Mar 6, 2013
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1003: To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.. 113th Congress. Open America. https://openamerica.io/bill/113-HR-1003/
MLA
"H.R. 1003: To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-1003/.
Bluebook (legal)
H.R. 1003, 113th Cong. (2026), https://openamerica.io/bill/113-HR-1003/.
Markdown link
[H.R. 1003: To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.](https://openamerica.io/bill/113-HR-1003/)
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