US Congress House Bill 4267 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 14 2014 - 25% progression, died in committee
Action: 2014-04-01 - 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]

Commodity Delivery Relief Act - Amends the Commodity Exchange Act to revise the exclusion from the definition of "swap" of any sale of a nonfinancial commodity or security for deferred shipment or delivery, so long as the transaction is intended to be physically settled. Excludes from the meaning of "swap" also: (1) any purchase of a nonfinancial commodity or security for deferred shipment or delivery, so long as the transaction is intended to be physically settled; and (2) any stand-alone or embedded option for which exercise results in a physical delivery obligation.

Commodity Delivery Relief Act

Rep. Vance McAllister [R-LA]

Date	Chamber	Action
2014-04-01	House	Referred to the Subcommittee on General Farm Commodities and Risk Management.
2014-03-14	House	Referred to the House Committee on Agriculture.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/4267/all-info
Text	https://www.congress.gov/113/bills/hr4267/BILLS-113hr4267ih.pdf