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H.R. 6377: Energy Markets Emergency Act of 2008

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H.R. 6377: Energy Markets Emergency Act of 2008

110th Congress · introduced 2008-06-26 · Finance and Financial Sector · Latest: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 864.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2008-06-26 · official record
  2. Who proposed it: Rep. Peterson, Collin C. [D-MN-7] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 468 (2008): On Motion to Suspend the Rules and Pass, HR6377 (2008-06-26), Passed. See all
  4. Where it stands now: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 864. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Energy Markets Emergency Act of 2008

Plain summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Energy Markets Emergency Act of 2008 - Directs the Commodity Futures Trading Commission (CFTC) to utilize all its authority, including its emergency powers, to: (1) curb immediately the role of excessive speculation in any contract market within its jurisdiction and control on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.

Congressional Research Service summary (Passed House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Energy Markets Emergency Act of 2008

Source: Congressional Research Service summary (Passed House without amendment)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Peterson, Collin C. [D-MN-7] · 22 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Chris Van Hollen (D-MD), Rosa L. DeLauro (D-CT), John B. Larson (D-CT), Peter Welch (D-VT)

Recorded votes

Words on this page, explained (1)
Jurisdiction
The area or the matters a government or court has authority over.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong110-hr6377 · catalog fed-us-congress-bills-cong110 · updated 2026-11-15 by psicol fed-bills-cong110