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HR 4996 113th Congress House Finance and Financial Sector Administrative law and regulatory procedures Commodities markets Commodity Futures Trading Commission Energy prices Energy storage, supplies, demand Oil and gas

Energy Markets Emergency Act

Introduced: June 26, 2014 Introduced by: DeLauro, Rosa L. Democratic · Connecticut See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 11, 2014
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Jun 26, 2014
Referred to the House Committee on Agriculture.
Jun 26, 2014
Introduced in House
 Plain-English summary Congressional Research Service

Energy Markets Emergency Act - Directs the Commodity Futures Trading Commission (CFTC) to use its authority (including emergency powers) to: (1) to curb immediately the role of excessive speculation in any contract market within its jurisdiction 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 August 11, 2014

Referred to the Subcommittee on General Farm Commodities and Risk Management.

 Committees of jurisdiction 2