[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6406 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6406

   To elevate the Inspector General of the Commodity Futures Trading 
 Commission to an Inspector General appointed pursuant to section 3 of 
                   the Inspector General Act of 1978.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 26, 2008

  Mr. Larson of Connecticut introduced the following bill; which was 
      referred to the Committee on Oversight and Government Reform

_______________________________________________________________________

                                 A BILL


 
   To elevate the Inspector General of the Commodity Futures Trading 
 Commission to an Inspector General appointed pursuant to section 3 of 
                   the Inspector General Act of 1978.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INSPECTOR GENERAL OF COMMODITY FUTURES TRADING COMMISSION.

    (a) Elevation of Office.--
            (1) Inclusion of cftc in definition of establishment.--
        Section 11(2) of the Inspector General Act of 1878 (5 U.S.C. 
        App.) is amended by striking ``or the Export-Import Bank,'' and 
        inserting ``, the Export-Import Bank, or the Commodity Futures 
        Trading Commission,''.
            (2) Exclusion of cftc from definition of designated federal 
        entity.--Section 8G(a) of such Act is amended in paragraph (2) 
        by striking ``the Commodity Futures Trading Commission,''.
    (b) Transition.--Until such time as the Inspector General of the 
Commodity Futures Trading Commission is appointed in accordance with 
section 3 of the Inspector General Act of 1978, the Office of Inspector 
General of the Commission shall continue in effect as provided in such 
Act before the date of the enactment of this Act.
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