S 4188 United States Senate · 118th Congress

Future of Water Act of 2024

This bill (S 4188) bans financial markets from trading water or water rights as commodities for future delivery. It amends the Commodity Exchange Act and Public Law 85-839 to explicitly prohibit trading in water, water rights, or related financial indices or data. The change directly affects commodity exchanges, financial institutions, and traders who might have offered such contracts. It does not alter water management rules, usage rights, or affect water users.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
President
Introduced Apr 18, 2024 Last action Apr 18, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Apr 18, 2024
Senate · Referred to committee
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2024
Senate · Introduced
Introduced in Senate
1 primary · 3 co-sponsors

Sponsors