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    <number>4391</number>
    <updateDate>2019-11-15T20:44:37Z</updateDate>
    <updateDateIncludingText>2019-11-15T20:44:37Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2012-04-18</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Ms. HOCHUL:H.R. 4391.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.[Page H1977]</pre>]]></constitutionalAuthorityStatementText>
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            <name>General Farm Commodities, Risk Management, and Credit Subcommittee</name>
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      <item>
        <title>To require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.</title>
        <congress>112</congress>
        <number>4457</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2012-05-10</actionDate>
          <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
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          </item>
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      <item>
        <title>A bill to require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.</title>
        <congress>112</congress>
        <number>2222</number>
        <type>S</type>
        <latestAction>
          <actionDate>2012-03-21</actionDate>
          <text>Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.</text>
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            <identifiedBy>CRS</identifiedBy>
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        <actionDate>2012-05-10</actionDate>
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            <name>General Farm Commodities, Risk Management, and Credit Subcommittee</name>
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        <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
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        <actionDate>2012-04-18</actionDate>
        <text>Referred to the House Committee on Agriculture.</text>
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            <name>Agriculture Committee</name>
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    <sponsors>
      <item>
        <bioguideId>H001062</bioguideId>
        <fullName>Rep. Hochul, Kathleen C. [D-NY-26]</fullName>
        <firstName>Kathleen</firstName>
        <lastName>Hochul</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>C.</middleName>
        <district>26</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Commodities markets</name>
        </item>
        <item>
          <name>Commodity Futures Trading Commission</name>
        </item>
        <item>
          <name>Energy prices</name>
        </item>
        <item>
          <name>Energy storage, supplies, demand</name>
        </item>
        <item>
          <name>Oil and gas</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
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        <actionDate>2012-04-18</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2012-04-24T21:39:40Z</updateDate>
        <text><![CDATA[ <p>Instructs 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 and control that is serving as a platform for the trading of energy futures or swaps; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations, 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; and (3) prioritize finalizing and enforcing a position limits regime designed to diminish, eliminate, or prevent excessive speculation in energy markets.</p>]]></text>
      </summary>
    </summaries>
    <title>To require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.</title>
      </item>
    </titles>
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        <type>Introduced in House</type>
        <date>2012-04-18T04:00:00Z</date>
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    <latestAction>
      <actionDate>2012-05-10</actionDate>
      <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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