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Bills/119th Congress · House

H.R. 7942

Introduced

DEATH BETS Act

Sponsor
DMike Levin· California
Introduced
March 16, 2026
Policy area
Finance and Financial Sector
Latest action
Referred to the House Committee on Agriculture.March 16, 2026

Plain-language analysis

Not yet analyzed.

A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text below and the official source are the record.

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

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