118th Congress Finance and Financial Sector
H.R. 4935: To amend the Commodity Exchange Act to adjust the period during which amounts transferred by the Commodity Futures Trading Commission to the account for customer education initiatives and non-awards expenses shall remain available, and for other purposes.
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill makes modifications to the Commodity Futures Trading Commission Customer Protection Fund. The fund is used for whistleblower awards and customer education initiatives and is financed by monetary sanctions for commodities law violations.
First, the bill raises the cap on the amount allowed to be deposited into the fund. The bill also permanently extends the availability of amounts set aside in an account for customer education initiatives and administrative expenses of the Commodity Futures Trading Commission's Office of Customer Education and Outreach and the Whistleblower Program. Currently, any amount remaining in this account as of October 1, 2024, must be returned to the fund.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Donald Davis D-NCOriginal
Who scored on this bill
- 1Zachary (Zach) Nunn SponsorDrew cross-party cosponsors, introduced2 events+6
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Other bills by Zachary (Zach) Nunn
History
- Introduced in the House by Zachary (Zach) Nunn.
Show the full action history (3 actions)
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Introduced in House
- Referred to the House Committee on Agriculture.