Contact Congress about 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".

This bill would remove federal guidance for exchanges that list carbon-credit trading contracts. It would leave the market without that specific CFTC roadmap, but it would not rewrite broader derivatives law.

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.

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". is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Latest action on S.J.Res. 9: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Who this affects: This bill mainly affects the CFTC, derivatives exchanges, and firms that trade voluntary carbon credit contracts. Exchanges would lose this specific federal guidance for listing those products. Traders and firms could face more flexibility, less clarity, or both, depending on how the market responds.

Why this matters: This bill matters because it could change how carbon-credit trading contracts reach U.S. markets. The current guidance gives exchanges and traders a federal view of how to list these products. Removing it could give markets more room to move, but it could also make the rules less clear. The bill also tests how far Congress wants to go in blocking agency guidance on climate-related financial products.

Key provisions in S.J.Res. 9

• Congress would use the Congressional Review Act to reject an agency rule. That law lets Congress review and cancel some federal agency actions.
• The bill targets one CFTC final guidance document. Its title is “Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts.”
• The bill points to the guidance as published in the Federal Register. It appeared at 89 Fed. Reg. 83378 on October 15, 2024.
• If the bill becomes law, the guidance would have no force or effect. In plain terms, the CFTC could not rely on it.
• The bill does not give exchanges a replacement rule. It cancels the guidance without adding new standards in the resolution itself.

How Modern Action helps you take action on S.J.Res. 9

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 S.J.Res. 9

What is S.J.Res. 9?

This bill would remove federal guidance for exchanges that list carbon-credit trading contracts. It would leave the market without that specific CFTC roadmap, but it would not rewrite broader derivatives law.

How do I support or oppose S.J.Res. 9?

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 S.J.Res. 9?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain S.J.Res. 9 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.