Chairman Frank Lucas today released the following statement on Scott O'Malia's last day as Commissioner of the Commodity Futures Trading Commission (CFTC). Last month, O’Malia announced he would resign to pursue other opportunities.
A bill to prohibit the provision of Federal economic development assistance for any State or locality that uses the power of eminent domain power to obtain property for private commercial development or that fails to pay relocation costs to persons displaced by use of the power of eminent domain for economic development purposes. (Passed Committee by voice vote and ordered to be reported favorably to the House with the recommendation that it pass, May 17, 2007)
- H.R.926 - Rep. Stephanie Herseth Sandlin, D-S.D. (introduced 02/08/2007)
- Press Release: Committee Approves Three Bills for Floor Consideration
- Publication: Section by Section Analysis of H.R. 926
- Publication: Statement of Chairman Peterson during consideration of H.R. 926