To amend the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities determined by the Commodity Futures Trading Commission to be contrary to the public interest, and to allow States to exempt themselves from the prohibition on gaming contracts.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7840 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7840 To amend the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities determined by the Commodity Futures Trading Commission to be contrary to the public interest, and to allow States to exempt themselves from the prohibition on gaming contracts. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 5, 2026 Mr. Moore of Utah (for himself and Mr. Carbajal) introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ A BILL To amend the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities determined by the Commodity Futures Trading Commission to be contrary to the public interest, and to allow States to exempt themselves from the prohibition on gaming contracts. 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 ``Event Contract Enforcement Act''. SEC. 2. PROHIBITION ON EVENT CONTRACTS CONTRARY TO THE PUBLIC INTEREST. (a) In General.--Section 5c(c)(5)(C) of the Commodity Exchange Act (7 U.S.C. 7a-2(c)(5)(C)) is amended-- (1) by striking clauses (i) and (ii) and inserting the following: ``(i) Event contracts.--Subject to clause (ii), it shall be unlawful to list or make available for trading on or through a registered entity an agreement, contract, transaction, or swap in an excluded commodity that is based on an occurrence, the extent of an occurrence, or a contingency (other than a change in the price, rate
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