US HB785 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 22-0)
Status: Introduced on February 15 2013 - 25% progression, died in committee
Action: 2013-03-13 - Referred to the Subcommittee on General Farm Commodities and Risk Management.
Pending: House Subcommittee on General Farm Commodities and Risk Management Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 15 2013 - 25% progression, died in committee
Action: 2013-03-13 - Referred to the Subcommittee on General Farm Commodities and Risk Management.
Pending: House Subcommittee on General Farm Commodities and Risk Management Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Halt Index Trading of Energy Commodities (HITEC) Act - Amends the Commodity Exchange Act to declare unlawful for: (1) a commodity index fund to engage in an energy commodity transaction if any person investing in the fund is an excluded investor, (2) an energy commodity index fund to accept an investment from a person who is an excluded investor, or (3) a commodity index fund to hold an investment in an energy commodity if any person investing in the fund is an excluded investor. Defines "excluded investor" as a person with respect to whom there is no position in an energy commodity which, if held by the person, would be considered a bona fide hedging position.
Title
Halt Index Trading of Energy Commodities (HITEC) Act
Sponsors
| Sen. Edward Markey [D-MA] | Rep. Madeleine Bordallo [D-GU] | Rep. Corrine Brown [D-FL] | Rep. Michael Capuano [D-MA] |
| Rep. John Conyers [D-MI] | Rep. Rosa DeLauro [D-CT] | Rep. Donna Edwards [D-MD] | Rep. Keith Ellison [D-MN] |
| Rep. Anna Eshoo [D-CA] | Rep. Raul Grijalva [D-AZ] | Rep. Rush Holt [D-NJ] | Rep. Barbara Lee [D-CA] |
| Rep. Michael Michaud [D-ME] | Rep. James Moran [D-VA] | Rep. Bill Pascrell [D-NJ] | Rep. Charles Rangel [D-NY] |
| Rep. Janice Schakowsky [D-IL] | Rep. Robert Scott [D-VA] | Rep. Louise Slaughter [D-NY] | Rep. Jackie Speier [D-CA] |
| Rep. John Tierney [D-MA] | Rep. Melvin Watt [D-NC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-03-13 | House | Referred to the Subcommittee on General Farm Commodities and Risk Management. |
| 2013-02-15 | House | Referred to the House Committee on Agriculture. |
| 2013-02-15 | House | Sponsor introductory remarks on measure. (CR E165) |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/785/all-info |
| Text | https://www.congress.gov/113/bills/hr785/BILLS-113hr785ih.pdf |
