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Contact Congress about H.J.Res. 90: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".

This bill would cancel CFTC guidance for voluntary carbon credit derivative contracts. It would remove the named guidance without creating a new rule to replace it.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts". is a House bill in committee. The latest recorded action: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Latest action on H.J.Res. 90: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Who this affects: This bill mainly affects exchanges, traders, and firms that deal in voluntary carbon credit derivative contracts. It also affects the CFTC because it would remove one of the agency’s tools for guiding this market. Companies and investors that use carbon credits could feel the effects if market rules become clearer, looser, or less certain after the guidance is canceled.

Why this matters: This matters because carbon credit trading is still developing, and CFTC guidance can shape how these products grow. Canceling the guidance could give exchanges more room to act. It could also leave less direction on fraud risks, weak credits, and greenwashing, which means making climate claims that sound stronger than they are. The final effect would depend on what the CFTC, exchanges, and market users do next.

Key provisions in H.J.Res. 90

  • The bill targets one CFTC guidance document: “Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts.” It was published at 89 Federal Register 83378 on October 15, 2024.
  • The bill uses the Congressional Review Act, a law that lets Congress reject certain agency rules or guidance.
  • If the bill becomes law, the named CFTC guidance would “have no force or effect.” That means the agency could not rely on it.
  • The bill does not create new rules for listing voluntary carbon credit derivative contracts. It also does not offer a replacement system.
  • The bill applies only to this one CFTC guidance document. It does not cancel all CFTC rules or all financial products tied to carbon.

How Modern Action helps you take action on H.J.Res. 90

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.J.Res. 90

What is H.J.Res. 90?
This bill would cancel CFTC guidance for voluntary carbon credit derivative contracts. It would remove the named guidance without creating a new rule to replace it.
How do I support or oppose H.J.Res. 90?
Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.
Who should I contact about H.J.Res. 90?
Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.
Can Modern Action explain H.J.Res. 90 before I act?
Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.

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More ways to act on this issue

Compare the broader issue and related bills without leaving Modern Action.

Related issues

  • Contact your reps on Exchange product approval and CFTC guidanceHow much freedom exchanges should have to self-certify new derivatives products and trading rules, and when CFTC guidance, prior review, public explanation, or congressional review should shape those listings.

Related bills

  • Take action on S.J.Res. 9: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".
  • Take action on H.R. 1515: GOOD Act