New Cosponsor — Jul 10, 2012
New Cosponsor: Rep. David Cicilline [D-RI1]
The bill now has 13 cosponsors (13 Democrats).
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Jun 23, 2011
112th Congress, 2011–2013
This bill was introduced on June 23, 2011, in a previous session of Congress, but was not enacted.
Representative for New York's 22nd congressional district
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Last Updated: Jun 23, 2011
Length: 11 pages
To require the Chairman of the Commodity Futures Trading Commission to impose unilaterally position limits and margin requirements to eliminate excessive oil speculation, and to take other actions to ensure that the price of crude oil, gasoline, diesel fuel, jet fuel, and heating oil accurately reflects the fundamentals of supply and demand, to remain in effect until the date on which the Commission establishes position limits to diminish, eliminate, or prevent excessive speculation as required by title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and for other purposes.
The bill’s title was written by its sponsor.
This is the first step in the legislative process.
This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 2328”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
Click a format for a citation suggestion:
Civic Impulse. (2016). H.R. 2328 — 112th Congress: End Excessive Oil Speculation Now Act of 2011. Retrieved from https://www.govtrack.us/congress/bills/112/hr2328
“H.R. 2328 — 112th Congress: End Excessive Oil Speculation Now Act of 2011.” www.GovTrack.us. 2011. February 6, 2016 <https://www.govtrack.us/congress/bills/112/hr2328>
|title=H.R. 2328 (112th)
|accessdate=February 6, 2016
|author=112th Congress (2011)
|date=June 23, 2011
|quote=End Excessive Oil Speculation Now Act of 2011