[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8096 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 8096

 To amend the Commodity Exchange Act to prohibit trading of water and 
       water rights for future delivery, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 19, 2024

 Mr. Khanna (for himself, Ms. Tlaib, Ms. Bush, Mr. Carson, Ms. Ocasio-
   Cortez, Ms. Adams, Ms. Omar, Mr. Garcia of Illinois, Mrs. Watson 
   Coleman, Ms. Schakowsky, Mrs. Ramirez, Ms. Lee of California, Ms. 
Norton, Mr. Bowman, Mrs. Hayes, and Mr. Pocan) introduced the following 
        bill; which was referred to the Committee on Agriculture

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                                 A BILL


 
 To amend the Commodity Exchange Act to prohibit trading of water and 
       water rights for future delivery, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Future of Water Act of 2024''.

SEC. 2. PROHIBITION OF TRADING IN WATER AND WATER RIGHTS FOR FUTURE 
              DELIVERY.

    (a) Commodity Exchange Act.--Section 1a(9) of the Commodity 
Exchange Act (7 U.S.C. 1a(9)) is amended--
            (1) by striking ``(7 U.S.C. 13-1)) and'' and inserting ``(7 
        U.S.C. 13-1)),'';
            (2) by inserting ``water or water rights (or any index, 
        measure, value, or data related to water or water rights), 
        and'' after ``receipts), and''; and
            (3) by striking ``receipts) in which'' and inserting 
        ``receipts, and water or water rights, or any index, measure, 
        value, or data related to water or water rights) in which''.
    (b) Public Law 85-839.--The first section of Public Law 85-839 (7 
U.S.C. 13-1) is amended in the first sentence of subsection (a)--
            (1) by inserting ``water or water rights (or any index, 
        measure, value, or data related to water or water rights),'' 
        after ``sale of''; and
            (2) by striking ``receipts)'' and inserting ``receipts),''.
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