3.0.0 6334 2019-11-15T20:46:09Z 2019-11-15T20:46:09Z House H HR 2008-06-20 110 hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2008-10-03T18:29:01Z Referred to 2008-06-20T13:05:15Z Increasing Transparency and Accountability in Oil Prices Act of 2008 110 6349 HR 2008-10-03 Referred to the Subcommittee on General Farm Commodities and Risk Management. Related bill CRS Oil Trading Transparency Act 110 2995 S 2008-05-08 Referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Increasing Transparency and Accountability in Oil Prices Act of 2008 110 3130 S 2008-06-12 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S5628-5629) Related bill CRS 2008-10-03 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2008-06-26 Sponsor introductory remarks on measure. (CR H6105-6106) IntroReferral B00100 9 Library of Congress 2008-06-20 Referred to the House Committee on Agriculture. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2008-06-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-06-20 Introduced in House IntroReferral 1000 9 Library of Congress E000226 Rep. Etheridge, Bob [D-NC-2] BOB ETHERIDGE D NC 2 N B001251 Rep. Butterfield, G. K. [D-NC-1] G. K. Butterfield D NC 1 2008-06-23 False M001161 Rep. Melancon, Charlie [D-LA-3] Charlie Melancon D LA 3 2008-06-23 False M001142 Rep. Matheson, Jim [D-UT-2] JIM MATHESON D UT 2 2008-06-23 False S001165 Rep. Sires, Albio [D-NJ-13] Albio Sires D NJ 13 2008-07-09 False H000627 Rep. Hinchey, Maurice D. [D-NY-22] MAURICE HINCHEY D NY D. 22 2008-07-09 False A000362 Rep. Altmire, Jason [D-PA-4] Jason Altmire D PA 4 2008-07-09 False H001043 Rep. Hodes, Paul W. [D-NH-2] Paul Hodes D NH W. 2 2008-07-09 False H001042 Rep. Hirono, Mazie K. [D-HI-2] Mazie Hirono D HI K. 2 2008-07-09 False K000365 Rep. Kagen, Steve [D-WI-8] Steve Kagen D WI 8 2008-07-24 False Energy Appropriations Commodity Futures Trading Commission Commodity exchanges Derivative securities Diesel motor Economics and Public Finance Energy prices Federal employees Finance and Financial Sector Foreign Trade and International Finance Futures trading Gasoline Government Operations and Politics Government paperwork Government publicity Independent regulatory commissions Information disclosure (Securities law) Information technology Petroleum Recruiting of employees Science, Technology, Communications Transportation and Public Works Energy 00 2008-06-20 Introduced in House 2008-07-24T21:09:00Z Increasing Transparency and Accountability in Oil Prices Act of 2008 - Expresses the sense of the House of Representatives that the President should immediately send to Congress a request for emergency appropriations for FY2008 for the Commodity Futures Trading Commission (CFTC) in an amount that is sufficient to: (1) help restore public confidence in energy commodities markets and federal oversight of those markets; (2) potentially impose limits on excessive speculation that may be increasing the price of oil, gasoline, diesel, and other energy commodities; (3) significantly improve the information technology capabilities of the CFTC to help it effectively regulate the energy futures markets; and (4) fund at least 100 new full-time positions at the CFTC to oversee energy commodity market speculation and to enforce the Commodity Exchange Act.

Amends the Commodity Exchange Act to provide for additional employees for improved enforcement.

Amends the Commodity Exchange Act to address the kind of case in which the CFTC grants or considers granting relief to a foreign board of trade from the requirement that it become a designated contract market, derivatives transaction execution facility, or other registered entity with respect to an energy commodity physically delivered in the United States. Requires the CFTC, before granting or considering such relief, to determine that the foreign board of trade: (1) applies comparable principles or requirements regarding the daily publication of trading information and position limits or accountability levels for speculators as apply to a designated contract market, derivatives transaction execution facility, or other registered entity trading energy commodities physically delivered in the United States; and (2) provides such information to the Commission regarding the extent of speculative and nonspeculative trading in the energy commodity that is comparable to the information the Commission determines necessary to publish a Commitment of Traders report for such a designated contract market, derivatives transaction execution facility, or other registered entity.

Requires the Commission to disaggregate and make public monthly: (1) the number of positions and total value of index funds and other passive, long-only positions in energy markets; and (2) data on speculative positions relative to bona fide physical hedgers in those markets.

]]> Increasing Transparency and Accountability in Oil Prices Act of 2008 Short Titles as Introduced Increasing Transparency and Accountability in Oil Prices Act of 2008 Display Title Increasing Transparency and Accountability in Oil Prices Act of 2008 Official Title as Introduced To provide energy price relief by authorizing greater resources and authority for the Commodity Futures Trading Commission, and for other purposes. Introduced in House 2008-06-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6334ih/xml/BILLS-110hr6334ih.xml 2008-10-03 Referred to the Subcommittee on General Farm Commodities and Risk Management. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.