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Joint resolution to extend the effective date of certain provisions of the Commodity Futures Trading Commission Act of 1974.

Public Law 94-16 · H.J.Res. 335 · 94th Congress · began in the House

Signed by Gerald Ford (R) on Apr 16, 1975 · Finance and Financial Sector

Sponsor: Rep. Thomas Foley (D-WA-5)

Cosponsors (3): Rep. William Wampler,

Passage votes

  • HouseMethod not stated
  • SenateMethod not stated
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Permits the Commodity Futures Trading Commission to grant provisional designation as a contract market to any boards of trade for any commodities traded thereon for such period not in excess of 90 days from the effective date of the Commodity Futures Trading Commission Act. Permits the Commission to grant provisional registration as a futures commission merchant, floor broker, associated person, commodity trading adviser, and commodity pool operator to any person for such period not in excess of 90 days from the effective date of such Act.

Permits the Commission to defer for not to exceed 90 days from the effective date of such Act specified registration and reporting requirements for persons associated with any futures commission merchant, commodity trading advisors, and commodity pool operators, and to defer specified provisions relating to administrative disciplinary proceedings and of submission to the Commission by contract markets of proposed bylaws and rules.

Defers effectiveness for 90 days of designated additional provisions of such Act.

Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 14 actions.

  1. Apr 16, 1975Became lawBecame law · Signed by President.
  2. PresidentPresident · Public law 94-16.
  3. PresidentPresident · Measure presented to President.
  4. PresidentPresident · Measure enrolled in Senate.
  5. PresidentPresident · Measure enrolled in House.
  6. Apr 15, 1975Resolving differencesResolving differences · House agreed to Senate amendments.
  7. Apr 14, 1975FloorFloor · Measure passed Senate, amended.
  8. Apr 10, 1975CommitteeCommittee · Reported by Senate Agriculture, Nutrition, and Forestry Committee
  9. Apr 9, 1975CommitteeCommittee · Referred to Senate Agriculture, Nutrition, and Forestry Committee
  10. Apr 8, 1975FloorFloor · Measure passed House, amended.
  11. FloorFloor · Measure called up under motion to suspend rules and pass in House.
  12. Apr 7, 1975CommitteeCommittee · Reported by House Agriculture Committee
  13. Mar 19, 1975CommitteeCommittee · Referred to House Agriculture Committee
  14. IntroducedIntroduced · Introduced in the House
Data notes

Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.

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Official record

The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.