skip to main content

H.R. 4895: CFTC Reauthorization Act of 2019

Call or Write Congress

To reauthorize the Commodity Futures Trading Commission.

The bill’s titles are written by its sponsor.

The federal budget process occurs in two stages: appropriations, which set overall spending limits by agency or program, and authorizations, which direct how federal funds should (or should not) be used. Appropriation and authorization provisions are typically made for single fiscal years. A reauthorization bill like this one renews the authorizations of an expiring law.

Sponsor and status

Collin Peterson

Sponsor. Representative for Minnesota's 7th congressional district. Democrat.

Read Text »
Last Updated: Nov 26, 2019
Length: 80 pages
Introduced
Oct 29, 2019
Status

Ordered Reported on Oct 30, 2019

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on October 30, 2019.

Prognosis
51% chance of being enacted according to Skopos Labs (details)
Source

Position statements

What legislators are saying

Rep. Peterson's Newsletter 11/4/2019
    — Rep. Collin Peterson [D-MN7] (Sponsor) on Nov 4, 2019

House Agriculture Committee Approves Bipartisan Legislation to Reauthorize the CTFC
    — Rep. Austin Scott [R-GA8] (Co-sponsor) on Oct 30, 2019

U.S. House Agriculture Committee Passes Spanberger’s Bill to Shield Agribusinesses from Commodity Broker Bankruptcies, Improve Protections for Futures Customers
    — Rep. Abigail Spanberger [D-VA7] (Co-sponsor) on Oct 30, 2019

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates H.R. 4895 will add $1.1 billion in new spending through 2024.

History

Oct 29, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Oct 30, 2019
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Nov 26, 2019
 
Reported by House Committee on Agriculture

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

If this bill has further action, the following steps may occur next:
 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 4895 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4895 — 116th Congress: CFTC Reauthorization Act of 2019.” www.GovTrack.us. 2019. January 28, 2020 <https://www.govtrack.us/congress/bills/116/hr4895>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.