This bill amends the Commodity Exchange Act to establish comprehensive prohibitions on certain categories of event contracts that the legislature has determined pose risks to public welfare and market integrity. The legislation targets event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, and government activities, while granting the Commodity Futures Trading Commission broad discretionary authority to identify additional prohibited contract types. The bill represents a significant federal intervention into prediction markets and event-based derivatives trading, reflecting congressional concern about the commodification of sensitive political, security, and social events. Notably, the legislation includes a federalism component that permits individual states to opt out of the gaming contract prohibition, creating a potential patchwork of regulatory approaches across jurisdictions.

Who sponsored HR7840?

Blake Moore, Salud Carbajal, Gabe Vasquez, Jodey Arrington

What is the status of HR7840?

Introduced as of March 5, 2026.

This bill amends the Commodity Exchange Act to establish comprehensive prohibitions on certain categories of event contracts that the legislature has determined pose risks to public welfare and market integrity. The legislation targets event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, and government activities, while granting the Commodity Futures Trading Commission broad discretionary authority to identify additional prohibited contract types. The bill represents a significant federal intervention into prediction markets and event-based derivatives trading, reflecting congressional concern about the commodification of sensitive political, security, and social events. Notably, the legislation includes a federalism component that permits individual states to opt out of the gaming contract prohibition, creating a potential patchwork of regulatory approaches across jurisdictions.

Who sponsored HR7840?

Blake Moore, Salud Carbajal, Gabe Vasquez, Jodey Arrington

What is the status of HR7840?

Introduced as of March 5, 2026.

HR7840 U.S. House: Event Contract Enforcement Act

Introduced

H. R. 7840

Introduced in House · March 26, 2026

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”.

Introduced

H. R. 7840

Introduced in House · March 26, 2026

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

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”.

Introduced

H. R. 7840

Introduced in House · March 26, 2026

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

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”.

Introduced

H. R. 7840

Introduced in House · March 26, 2026

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

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”.

H.R.7840

H. R. 7840

H.R.7840

H. R. 7840

H.R.7840

H. R. 7840

H.R.7840

H. R. 7840