APEX Act
Latest action · Jun 15, 2021 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 20, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Aluminum Pricing Examination Act or the APEX Act
This bill extends the jurisdiction of the Commodity Futures Trading Commission (CFTC) to include the markets for aluminum premiums. Specifically, the CFTC has jurisdiction over (1) the process and manner in which reference prices for such premiums are set or reported, and (2) whether the mechanism for setting such reference prices is fair and transparent.
Additionally, the CFTC must consult with the Department of Justice regarding relevant information, including allegations of anticompetitive conduct.
Cosponsors 27
Members who signed on, in the order they did. Signatures ran from Apr 20, 2021 to Aug 16, 2022; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-CO | Ken Buck | Original | Apr 20, 2021 |
| R-CO | Doug Lamborn | May 20, 2021 | |
| R-WI | Glenn Grothman | May 20, 2021 | |
| D-CO | Joe Neguse | May 20, 2021 | |
| D-OH | Joyce Beatty | May 20, 2021 | |
| R-FL | W. Gregory Steube | May 20, 2021 | |
| R-WA | Dan Newhouse | Jun 14, 2021 | |
| D-IL | Danny K. Davis | Jun 14, 2021 | |
| R-ID | Michael K. Simpson | Jun 14, 2021 | |
| R-ID | Russ Fulcher | Jun 14, 2021 | |
| D-CA | Scott H. Peters | Jun 14, 2021 | |
| R-OH | Warren Davidson | Jun 14, 2021 | |
| R-VA | Ben Cline | Jun 28, 2021 | |
| D-VA | Elaine G. Luria | Jun 28, 2021 | |
| R-IA | Mariannette Miller-Meeks | Jun 28, 2021 | |
| D-NH | Ann M. Kuster | Jul 13, 2021 | |
| D-CA | Julia Brownley | Jul 13, 2021 | |
| D-NY | Kathleen M. Rice | Jul 13, 2021 | |
| D-CA | Pete Aguilar | Jul 13, 2021 | |
| R-WI | Scott Fitzgerald | Aug 13, 2021 | |
| D-OR | Kurt Schrader | Sep 28, 2021 | |
| D-NJ | Jefferson Van Drew | Nov 4, 2021 | |
| D-CO | Jason Crow | Nov 23, 2021 | |
| R-IA | Ashley Hinson | Jan 6, 2022 | |
| R-WY | Liz Cheney | Mar 8, 2022 | |
| D-MN | Angie Craig | May 3, 2022 | |
| D-NJ | Tom Malinowski | Aug 16, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Agriculture Committee | Referred Apr 20, 2021 |
| Commodity Markets, Digital Assets, and Rural Development Subcommittee | Referred Jun 15, 2021 |
Actions 3
Everything that happened, newest first.
- Jun 15, 2021Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- Apr 20, 2021Introduced in House
- Apr 20, 2021Referred to the House Committee on Agriculture.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 68, April 20, 2021, page H1999.
Printed hearings 2
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 117-31 | STATE OF THE CFTC68 pages | Agriculture Committee | Mar 31, 2022 |
| Serial No. 117-6 | MEMBER DAY461 pages | Agriculture Committee | May 18, 2021 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2462 | APEX Act | Related bill | Jul 22, 2021 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To extend the jurisdiction of the Commodity Futures Trading Commission to include oversight of markets which set reference prices for aluminum premiums, and for other purposes.
- Short Title(s) as Introduced
- Aluminum Pricing Examination Act
- APEX Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Apr 20, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
