[United States Statutes at Large, Volume 129, 114th Congress, 1st Session]
[From the U.S. Government Publishing Office, www.gpo.gov]


Public Law 114-36
114th Congress

An Act


 
To amend the United States Cotton Futures Act to exclude certain cotton
futures contracts from coverage under such Act. <>

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. EXCLUDING CERTAIN COTTON FUTURES CONTRACTS FROM
COVERAGE UNDER UNITED STATES COTTON
FUTURES ACT.

(a) In General.--Subsection (c)(1) of the United States Cotton
Futures Act (7 U.S.C. 15B(c)(1)) is amended--
(1) by striking ``except that any cotton futures contract''
and inserting the following: ``except that--
``(A) any cotton futures contract'';
(2) in subparagraph (A) (as designated by paragraph (1)), by
striking the period at the end and inserting ``; and''; and
(3) by adding at the end the following new subparagraph:
``(B) any cotton futures contract that permits
tender of cotton grown outside of the United States is
excluded from the coverage of this paragraph and section
to the extent that the cotton grown outside of the
United States is tendered for delivery under the cotton
futures contract.''.

(b) <>  Application.--The amendments made by
subsection (a) shall apply with respect to cotton futures contracts
entered into on or after the date of the enactment of this Act.

Approved July 20, 2015.

LEGISLATIVE HISTORY--H.R. 2620:
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HOUSE REPORTS: No. 114-174 (Comm. on Agriculture).
CONGRESSIONAL RECORD, Vol. 161 (2015):
June 23, considered and passed House.
July 9, considered and passed Senate.