H.R. 5186 · 112th Congress
Halt Index Trading of Energy Commodities (HITEC) Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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MarkeySponsor25 cosponsors · 25 D
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Scott
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Capuano7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Halt Index Trading of Energy Commodities (HITEC) Act - Amends the Commodity Exchange Act to declare unlawful for: (1) a commodity index fund to engage in an energy commodity transaction if any person investing in the fund is an excluded investor, (2) an energy commodity index fund to accept an investment from a person who is an excluded investor, or (3) a…
What it does: CRS summary · Introduced in House · Apr 27, 2012
Halt Index Trading of Energy Commodities (HITEC) Act - Amends the Commodity Exchange Act to declare unlawful for: (1) a commodity index fund to engage in an energy commodity transaction if any person investing in the fund is an excluded investor, (2) an energy commodity index fund to accept an investment from a person who is an excluded investor, or (3) a commodity index fund to hold an investment in an energy commodity if any person investing in the fund is an excluded investor.
Defines "excluded investor" as a person with respect to whom there is no position in an energy commodity which, if held by the person, would be considered a bona fide hedging position.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Halt Index Trading of Energy Commodities (HITEC) Act
Latest action (May 10, 2012): Referred to the Subcommittee on General Farm Commodities and Risk Management.
Policy area: Energy · Origin: House · Introduced: Apr 27, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.