H.R. 7942

DEATH BETS Act

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I

119th CONGRESS

2d Session

H. R. 7942

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.

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.

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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