,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #dccj  ,,in ,,the ,,house ,,of  
,,representatives  ,march #bg1 #bjad    
,mr4 ,rodney ,davis of ,illinois 7for   
himself1 ,mr4 ,vargas1 ,mr4 ,hudson1    
,mr4 ,vela1 ,mr4 ,neugebauer1 and ,mr4  
,gallego7 introduced the following bill2
 which was referred to the ,committee on
 ,agriculture  ,a ,,bill  ,to amend the 
,commodity ,exchange ,act to ensure that
 the treatment of illiquid swaps does   
not disadvantage certain non-financial  
end users who use them to manage        
business risk4  #a4 ,short title ,this  
,act may be cited as the ,business ,risk
 ,planning ,act4  #b4 ,treatment of     
illiquid swaps so as to not disadvantage
 certain non-financial end users        
,section #b7;a77#ac7 of the ,commodity  
,exchange ,act 7#g ,u4,s4,c4            
#b7;a77#ac77 is amended--  7#a7 in      
subparagraph 7,c71 by striking ,the     
,commission and inserting ,except as    
provided in subparagraph 7,d71 the      
,commission2 and  7#b7 by redesignating 

subparagraphs 7,d7 through 7,g7 as      
subparagraphs 7,e7 through 7,h71        
respectively1 and inserting after       
subparagraph 7,c7 the following3  7,d7  
,requirements for swap transactions in  
illiquid markets ,notwithstanding       
subparagraph 7,c73  7i7 ,the ,commission
 shall provide by rule for the public   
reporting of swap transactions1         
including price and volume data1 in     
illiquid markets that are not cleared   
and entered into by a non-financial     
entity that is hedging or mitigating    
commercial risk in accordance with      
subsection 7h77#g77;,a74  7ii7 ,the     
,commission shall ensure that the swap  
transaction information referred to in  
clause 7i7 of this subparagraph is      
available to the public no sooner than  
#cj days after the swap transaction has 
been executed or at such later date as  
the ,commission determines appropriate  
to protect the identity of participants 
and positions in illiquid markets and to
 prevent the elimination or reduction of

 market liquidity4  7iii7 ,in this      
subparagraph1 the term illiquid markets 
means any market in which there is      
relatively little volume and infrequent 
trading in swaps4  4