Section 1 Short title
This Act may be cited as the “Future of Water Act of 2022”.
Future of Water Act of 2022
A BILL
To amend the Commodity Exchange Act to prohibit trading of water and water rights for future delivery, and for other purposes.
Sec. 2 Prohibition of trading in water and water rights for future delivery
by striking “(7 U.S.C. 13–1)) and” and inserting “(7 U.S.C. 13–1)),”;
by inserting “water or water rights (or any index, measure, value, or data related to water or water rights), and” after “receipts), and”; and
by striking “receipts) in which” and inserting “receipts, and water or water rights, or any index, measure, value, or data related to water or water rights) in which”.
Public Law 85–839— The first section of Public Law 85–839 (7 U.S.C. 13–1) is amended in the first sentence of subsection (a)—
by inserting “water or water rights (or any index, measure, value, or data related to water or water rights),” after “sale of”; and
by striking “receipts)” and inserting “receipts),”.