STOP Corrupt Bets Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4226 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4226 To amend the Commodity Exchange Act to prohibit certain event contracts on prediction markets, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 26, 2026 Mr. Merkley (for himself, Ms. Warren, Mr. Blumenthal, Mr. Van Hollen, and Mr. Whitehouse) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry _______________________________________________________________________ A BILL To amend the Commodity Exchange Act to prohibit certain event contracts on prediction markets, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stop Trading On Predictions and Corrupt Bets Act of 2026'' or the ``STOP Corrupt Bets Act of 2026''. SEC. 2. PROHIBITION ON CERTAIN EVENT CONTRACTS. Section 5c(c)(5) of the Commodity Exchange Act (7 U.S.C. 7a- 2(c)(5)) is amended by adding at the end the following: ``(D) Prohibition on certain event contracts.-- ``(i) In general.--Notwithstanding any other provision of this section, no agreement, contract, transaction, or swap involving any matter described in clause (ii) (or any index, measure, value, or data related thereto, or occurrence, extent of an occurrence, or contingency based thereon) may be listed or made available for clearing or trading on or through a registered entity. ``(ii) Matters described.--The matters referred to in clause (i) are-- ``(I) any political election or contest; ``(II) subject to clause (iii), any action taken by the executive, legislative, or judicial branch of the United States; ``(III) any sporting event or contest; and ``(IV) any military action taken by the United States