To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

Bill: 114-hr-2620
Sponsor: full_name: Rep. Scott, David [D-GA-13]
Introduced: 2015-06-02
Policy area: Agriculture and Food
Subjects: Agricultural marketing and promotion

Agricultural trade

Commodities markets
Latest action: action_date: 2015-07-20
text: Became Public Law No: 114-36.

Summaries:
action_date: 2015-06-02
action_desc: Introduced in House
text: <p>This bill amends the United States Cotton Futures Act to exclude cotton future contracts involving cotton that is grown outside of the United States and tendered for delivery from coverage under the Act, including the requirement that the cotton be classified by the Department of Agriculture. </p>

action_date: 2015-06-23
action_desc: Passed House amended
text: <p>(Sec. 1) This bill amends the United States Cotton Futures Act to exclude cotton future contracts involving cotton that is grown outside of the United States and tendered for delivery from coverage under the Act, including the requirement that the cotton be classified by the Department of Agriculture. </p>

action_date: 2015-07-09
action_desc: Passed Senate without amendment
text: <p>(This measure has not been amended since it was passed by the House on June 23, 2015. The summary of that version is repeated here.)</p> <p>(Sec. 1) This bill amends the United States Cotton Futures Act to exclude cotton future contracts involving cotton that is grown outside of the United States and tendered for delivery from coverage under the Act, including the requirement that the cotton be classified by the Department of Agriculture. </p>

action_date: 2015-07-20
action_desc: Public Law
text: <p>(This measure has not been amended since it was passed by the House on June 23, 2015. The summary of that version is repeated here.)</p> <p>(Sec. 1) This bill amends the United States Cotton Futures Act to exclude cotton future contracts involving cotton that is grown outside of the United States and tendered for delivery from coverage under the Act, including the requirement that the cotton be classified by the Department of Agriculture. </p>

tv_txt: I 114th CONGRESS 1st Session H. R. 2620 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

1. Excluding certain cotton futures contracts from coverage under United States Cotton Futures Act (a) In general Subsection (c)(1) of the United States Cotton Futures Act ( 7 U.S.C. 15B(c)(1) ) is amended— (1) by striking except that any cotton futures contract and inserting the following: except that— (A) any cotton futures contract ; (2) in subparagraph (A) (as designated by paragraph (1)), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following new subparagraph: (B) any cotton futures contract that permits tender of cotton grown outside of the United States is excluded from the coverage of this paragraph and section to the extent that the cotton grown outside of the United States is tendered for delivery under the cotton futures contract. . (b) Application The amendments made by subsection (a) shall apply with respect to cotton futures contracts entered into on or after the date of the enactment of this Act.

Passed the House of Representatives June 23, 2015. Karen L. Haas, Clerk.

tv_txt: I 114th CONGRESS 1st Session H. R. 2620 IN THE HOUSE OF REPRESENTATIVES June 2, 2015 Mr. David Scott of Georgia (for himself, Mr. Austin Scott of Georgia , Mr. Westmoreland , and Mr. Bishop of Georgia ) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

1. Excluding certain cotton futures contracts from coverage under United States Cotton Futures Act (a) In general Subsection (c)(1) of the United States Cotton Futures Act ( 7 U.S.C. 15B(c)(1) ) is amended— (1) by striking except that any cotton futures contract and inserting the following: except that— (A) any cotton futures contract ; and (2) by adding at the end the following new subparagraph: (B) any cotton futures contract that permits tender of cotton grown outside of the United States is excluded from the coverage of this paragraph and section to the extent that the cotton grown outside of the United States is tendered for delivery under the cotton futures contract. . (b) Application The amendments made by subsection (a) shall apply with respect to cotton futures contracts entered into on or after the date of the enactment of this Act.

tv_txt: II 114th CONGRESS 1st Session H. R. 2620 IN THE SENATE OF THE UNITED STATES June 24, 2015 Received AN ACT To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

1. Excluding certain cotton futures contracts from coverage under United States Cotton Futures Act (a) In general Subsection (c)(1) of the United States Cotton Futures Act ( 7 U.S.C. 15B(c)(1) ) is amended— (1) by striking except that any cotton futures contract and inserting the following: except that— (A) any cotton futures contract ; (2) in subparagraph (A) (as designated by paragraph (1)), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following new subparagraph: (B) any cotton futures contract that permits tender of cotton grown outside of the United States is excluded from the coverage of this paragraph and section to the extent that the cotton grown outside of the United States is tendered for delivery under the cotton futures contract. . (b) Application The amendments made by subsection (a) shall apply with respect to cotton futures contracts entered into on or after the date of the enactment of this Act.

Passed the House of Representatives June 23, 2015. Karen L. Haas, Clerk

tv_txt: IB Union Calendar No. 129 114th CONGRESS 1st Session H. R. 2620 [Report No. 114–174] IN THE HOUSE OF REPRESENTATIVES June 2, 2015 Mr. David Scott of Georgia (for himself, Mr. Austin Scott of Georgia , Mr. Westmoreland , and Mr. Bishop of Georgia ) introduced the following bill; which was referred to the Committee on Agriculture June 23, 2015 Additional sponsors: Mr. Crawford and Mr. Gibson June 23, 2015 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Strike out all after the enacting clause and insert the part printed in italic For text of introduced bill, see copy of bill as introduced on June 2, 2015 A BILL To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

1. Excluding certain cotton futures contracts from coverage under United States Cotton Futures Act (a) In general Subsection (c)(1) of the United States Cotton Futures Act ( 7 U.S.C. 15B(c)(1) ) is amended— (1) by striking except that any cotton futures contract and inserting the following: except that— (A) any cotton futures contract ; (2) in subparagraph (A) (as designated by paragraph (1)), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following new subparagraph: (B) any cotton futures contract that permits tender of cotton grown outside of the United States is excluded from the coverage of this paragraph and section to the extent that the cotton grown outside of the United States is tendered for delivery under the cotton futures contract. . (b) Application The amendments made by subsection (a) shall apply with respect to cotton futures contracts entered into on or after the date of the enactment of this Act.

June 23, 2015 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

tv_txt: I One Hundred Fourteenth Congress of the United States of America At the First Session Begun and held at the City of Washington on Tuesday, the sixth day of January, two thousand and fifteen H. R. 2620 AN ACT To amend the United States Cotton Futures Act to exclude certain cotton futures contracts from coverage under such Act.

1. Excluding certain cotton futures contracts from coverage under United States Cotton Futures Act (a) In general Subsection (c)(1) of the United States Cotton Futures Act ( 7 U.S.C. 15B(c)(1) ) is amended— (1) by striking except that any cotton futures contract and inserting the following: except that— (A) any cotton futures contract ; (2) in subparagraph (A) (as designated by paragraph (1)), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following new subparagraph: (B) any cotton futures contract that permits tender of cotton grown outside of the United States is excluded from the coverage of this paragraph and section to the extent that the cotton grown outside of the United States is tendered for delivery under the cotton futures contract. . (b) Application The amendments made by subsection (a) shall apply with respect to cotton futures contracts entered into on or after the date of the enactment of this Act.

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.