H.R. 7942

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7942 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 7942

To amend the Commodity Exchange Act to prohibit the listing of 
contracts relating to war, death, and similar activities.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 16, 2026

Mr. Levin introduced the following bill; which was referred to the 
Committee on Agriculture

_______________________________________________________________________

A BILL

To amend the Commodity Exchange Act to prohibit the listing of 
contracts relating to war, death, and similar activities.

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 ``Discouraging Exploitative 
Assassination, Tragedy, and Harm Betting in Event Trading Systems Act'' 
or the ``DEATH BETS Act''.

SEC. 2. PROHIBITION ON LISTING OF CONTRACTS RELATING TO WAR, DEATH, AND 
SIMILAR ACTIVITIES.

Section 5c of the Commodity Exchange Act (7 U.S.C. 7a-2) is amended 
by inserting after subsection (c) the following:
``(d) Prohibition on Listing of Contracts Relating to War, Death, 
and Similar Activities.--A registered entity shall not list for trading 
or accept for clearing on or through the registered entity any of the 
following:
``(1) An agreement, contract, transaction, or swap based on 
an excluded commodity (as defined in section 1a(19)(iv)) that 
involves, relates to, or references terrorism, assassination, 
war, or any similar activity, as determined by the Commission.
``(2) An agreement, contract, transaction, or swap based on 
an excluded commodity (as defined in section 1a(19)(iv)) that 
involves, relates to, or references an individual's death or 
could otherwise be construed as correlating closely to an 
individual's death.''.
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