Enews Signup Push

Print

McAllister's Legislation Included in the Customer Protection and End-User Relieve Act That Passed the House

06/24/14

WASHINGTON, D.C.– Today, U.S. Rep. Vance McAllister (R-Swartz) applauded House passage of bipartisan legislation, H.R. 4413, that would reauthorize and improve the operations of the Commodity Futures Trading Commission (CFTC) to protect customers from market failures.

Included in this passed legislation was H.R. 4267, the Commodity Delivery Relief Act introduced earlier this year by McAllister. The Commodity Delivery Relief Act prevents the CFTC from imposing costly regulations on companies entering into transactions, ensuring the efficient physical delivery of needed commodities to conduct core business operations.

McAllister issued the following remarks:

“I am pleased that my legislation, H.R. 4267, was included in the Customer Protection and End-User Relief Act which has passed the House. The CFTC has tried to regulate contracts that allow companies to alter the quantity of a product delivered based on the company’s needs. Unfortunately, costly and unnecessary guidelines subject a large portion of the energy marketplace to burdensome regulations. Without clarified legislation, the rules will continue to increase companies’ operating costs. This bill will provide companies with efficient means to conduct daily business and provide affordable energy sources to factories and American households.”

 

U.S. Rep. Vance McAllister, R-Swartz, represents Louisiana’s 5th Congressional District and serves on the House Committee on Natural Resources and the House Committee on Agriculture.

###

  • Office Locations

    Office Name Location Image Map URL
    Washington DC 316 Cannon House Office Bldg
    Washington, DC 20515
    Phone: (202) 225-8490
    Fax: (202) 225-5639    		 https://goo.gl/maps/SNdyz
    Alexandria Office 1434 Dorchester Dr., Suite E
    Alexandria, LA 71301
    Phone: (318) 445-0818
    Fax: (318) 445-3776    		 https://goo.gl/maps/d9Nro
    Monroe Office 1900 Stubbs Ave., Suite B
    Monroe , LA 71201
    Phone: (318) 322-3500
    Fax: (318) 322-3577    		 https://goo.gl/maps/IoLvf
           
           

  • HIDDEN_WEBSITE_VARIABLES

    How to use: Insert <span class="EXACT_VALUE_LABEL_AS_ENTERED_BELOW">&nbsp;</span> where you'd like the value to be populated.

    Non-breaking space within span tags - &nbsp; - is required for WYSIWYG.

    Label
    (no spaces or special characters)

    Value

    		 Comments (optional)
    repName Vance McAllister  
    helpWithFedAgencyAddress 1434 Dorchester Dr., Suite E
    Alexandria, LA 71301    		  
    district 5th District of Louisiana  
    academyUSCitizenDate July 1, 2012  
    academyAgeDate July 1, 2012  
    academyApplicationDueDate October 20, 2012  
    repStateABBR AZ  
    repDistrict 5  
    repState Louisiana  
    repDistrictText 5th  
    repPhoto  
    SponsoredBills Sponsored Bills  
    CoSponsoredBills Co-Sponsored Bills  
         
         
         
         
         

  • Press Contact

    For more information about our releases, please contact 202-225-8490.