HR 7182 · 117th Congress 2021–2023, ended

Future of Water Act of 2022

Latest action · Apr 4, 2022 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.

  1. IntroducedMar 21, 2022
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Future of Water Act of 2022

This bill prohibits the trading of futures contracts in water or water rights. A futures contract is an agreement to buy or sell a commodity or financial instrument at a set price at a specific time.

Cosponsors 17

Members who signed on, in the order they did. Signatures ran from Mar 21, 2022 to Mar 24, 2022; 16 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-NYAlexandria Ocasio-CortezOriginalMar 21, 2022
D-INAndré CarsonOriginalMar 21, 2022
D-MIAndy LevinOriginalMar 21, 2022
D-MAAyanna PressleyOriginalMar 21, 2022
D-CABarbara LeeOriginalMar 21, 2022
D-NJBonnie Watson ColemanOriginalMar 21, 2022
D-MIBrenda L. LawrenceOriginalMar 21, 2022
D-MOCori BushOriginalMar 21, 2022
D-DCEleanor Holmes NortonOriginalMar 21, 2022
D-MNIlhan OmarOriginalMar 21, 2022
D-CTJahana HayesOriginalMar 21, 2022
D-NYJamaal BowmanOriginalMar 21, 2022
D-ILJanice D. SchakowskyOriginalMar 21, 2022
D-ILJesús G. "Chuy" GarcíaOriginalMar 21, 2022
D-NYMondaire JonesOriginalMar 21, 2022
D-MIRashida TlaibOriginalMar 21, 2022
D-WIMark PocanMar 24, 2022

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseAgriculture Committee
Referred Mar 21, 2022
Commodity Markets, Digital Assets, and Rural Development Subcommittee
Referred Apr 4, 2022

Actions 3

Everything that happened, newest first.

  1. Apr 4, 2022Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  2. Mar 21, 2022Introduced in House
  3. Mar 21, 2022Referred 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

Congress has the power to enact this legislation pursuant to the following: Article I, Section 8 of the Constitution.

The sponsor’s statement, as printed in the Congressional Record, vol. 168, no. 50, March 21, 2022, page H3858.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 3886Future of Water Act of 2022Identical billMar 21, 2022
HR 8096Future of Water Act of 2024Reintroduced BillSep 3, 2024

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Commodity Exchange Act to prohibit trading of water and water rights for future delivery, and for other purposes.
Short Title(s) as Introduced
Future of Water Act of 2022

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Mar 21, 2022Introduced in House

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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.