I 

118TH CONGRESS 

1ST SESSION H. R. 4935 

To amend the Commodity Exchange Act to adjust the period during which 

amounts transferred by the Commodity Futures Trading Commission 

to the account for customer education initiatives and non-awards expenses shall remain available, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JULY 26, 2023 

Mr. NUNN of Iowa (for himself and Mr. DAVIS of North Carolina) introduced 

the following bill; which was referred to the Committee on Agriculture 

A BILL 

To amend the Commodity Exchange Act to adjust the period 

during which amounts transferred by the Commodity 

Futures Trading Commission to the account for customer education initiatives and non-awards expenses 

shall remain available, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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•HR 4935 IH

1 SECTION 1. COMMODITY FUTURES TRADING COMMISSION 

2 CUSTOMER PROTECTION FUND MODIFICA3 TIONS. 

4 (a) SEPARATE ACCOUNT FOR EDUCATION INITIA5 TIVES AND EXPENSES.—Section 23(g) of the Commodity 

6 Exchange Act (7 U.S.C. 26(g)) is amended— 

7 (1) in paragraph (2)(A), by striking ‘‘subsection 

8 (a)’’ and inserting ‘‘subsection (b)’’; and 

9 (2) in paragraph (3)— 

10 (A) in subparagraph (A), by striking 

11 ‘‘$100,000,000’’ and inserting ‘‘$300,000,000’’; 

12 (B) in subparagraph (B), by striking ‘‘sub13 paragraph (A)’’ and inserting ‘‘clause (i)’’; 

14 (C) by redesignating subparagraphs (A) 

15 through (C) as clauses (i) through (iii), respec16 tively, and indenting the clauses appropriately; 

17 (D) in the matter preceding clause (i) (as 

18 so redesignated), by striking ‘‘There shall be 

19 deposited into or credited to the Fund:’’ and in20 serting the following: 

21 ‘‘(A) IN GENERAL.—There shall be depos22 ited in, or credited to, the Fund the following:’’; 

23 and 

24 (E) by adding at the end the following: 


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•HR 4935 IH

1 ‘‘(B) SEPARATE ACCOUNT FOR EDUCATION

2 INITIATIVES AND ADMINISTRATIVE EX3 PENSES.— 

4 ‘‘(i) IN GENERAL.—Any amounts con5 tained in, deposited in, or credited to the 

6 Fund under subparagraph (A) may be 

7 transferred to a separate account in the 

8 Fund described in clause (ii), unless the 

9 balance of that separate account at the 

10 time the amounts are transferred exceeds 

11 $10,000,000. 

12 ‘‘(ii) USE OF SEPARATE ACCOUNT.— 

13 The separate account referred to in clause 

14 (i) shall be available to the Commission, 

15 without further appropriation or fiscal year 

16 limitation, for— 

17 ‘‘(I) the purpose described in 

18 subparagraph (B) of paragraph (2); 

19 and 

20 ‘‘(II) the funding of administra21 tive and salary expenses necessary for 

22 personnel to carry out the activities 

23 described in subparagraphs (A) and 

24 (B) of that paragraph.’’. 


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•HR 4935 IH

1 (b) COMMODITY FUTURES TRADING COMMISSION

2 WHISTLEBLOWER PROGRAM.—Section 1(b) of Public Law 

3 117–25 (135 Stat. 297; 136 Stat. 2133; 136 Stat. 2309) 

4 (as amended by section 301 of division HH of Public Law 

5 117–328) is amended— 

6 (1) in paragraph (3), by striking ‘‘until’’ and all 

7 that follows through the period at the end and in8 serting ‘‘until expended.’’; and 

9 (2) by striking paragraph (4). 

10 (c) TECHNICAL CORRECTIONS.—Section 23 of the 

11 Commodity Exchange Act (7 U.S.C. 26) is amended— 

12 (1) in subsection (a)(5), by striking ‘‘subsection 

13 (a)’’ and inserting ‘‘subsection (b)’’; 

14 (2) in subsection (c)(1)(B)(i)(III), by striking 

15 ‘‘the Act’’ each place it appears and inserting ‘‘this 

16 Act’’; and 

17 (3) in subsection (f)(3), by striking ‘‘section 

18 7064’’ and inserting ‘‘section 706’’. 

Æ 


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