S.Amdt. 5182
What it does: Rewrites section 1(a)(13)
Sen. Richard Burr (R-NC)What it changes
1 change to S. 3268
Rewrites section 1(a)(13)
ReplacesSection 1(a)(13) of the Commodity Exchange Act (as amended by section 2(a))Removes section 1(a)(13).
Inserted: (13) Energy commodity.--
Inserted: (A) In general.--The term 'energy commodity' means each energy commodity traded on--
Inserted: (i) the Chicago Mercantile Exchange;
Inserted: (ii) the Chicago Board of Trade;
Inserted: (iii) the New York Mercantile Exchange; and
Inserted: (iv) any other United States Exchange.
Inserted: (B) Inclusions.--The term 'energy commodity' includes--
Inserted: (i) a petroleum product, including--
Inserted: (I) light sweet crude oil;
Inserted: (II) heating oil; and
Inserted: (III) Reformulated Blendstock for Oxygenate Blending (RBOB) gasoline;
Inserted: (ii) natural gas;
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Inserted: (iii) ethanol;
Inserted: (iv) electricity;
Inserted: (v) uranium;
Inserted: (vi) coal; and
Inserted: (vii) carbon.
Original wording
In section 1(a) of the Commodity Exchange Act (as amended by section 2(a)), strike paragraph (13) and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 5182. Mr. BURR submitted an amendment intended to be proposed by him to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows:
In section 1(a) of the Commodity Exchange Act (as amended by section 2(a)), strike paragraph (13) and insert the following:
“(13) Energy commodity.--
“(A) In general.--The term ‘energy commodity' means each energy commodity traded on--
“(i) the Chicago Mercantile Exchange;
“(ii) the Chicago Board of Trade;
“(iii) the New York Mercantile Exchange; and
“(iv) any other United States Exchange.
“(B) Inclusions.--The term ‘energy commodity' includes--
“(i) a petroleum product, including--
“(I) light sweet crude oil;
“(II) heating oil; and
“(III) Reformulated Blendstock for Oxygenate Blending (RBOB) gasoline;
“(ii) natural gas;
“(iii) ethanol;
“(iv) electricity;
“(v) uranium;
“(vi) coal; and
“(vii) carbon.”.
Legislative Activity
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Senate amendment submitted
July 24, 2008