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DEATH BETS Act

USA119th CongressHR-7942| House 
| Updated: 3/16/2026
Mike Levin

Mike Levin

Democratic Representative

California

Cosponsors (1)
Seth Moulton (Democratic)

Agriculture Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, known as the DEATH BETS Act , amends the Commodity Exchange Act to introduce new prohibitions on certain types of financial contracts. Its primary purpose is to prevent the trading and clearing of agreements that exploit or profit from tragic events and human suffering. Specifically, the legislation prohibits registered entities from listing or accepting for clearing any agreement, contract, transaction, or swap based on an excluded commodity that involves, relates to, or references terrorism, assassination, war , or similar activities as determined by the Commission. It also explicitly bans contracts that involve, relate to, or reference an individual's death or could otherwise be construed as closely correlating to an individual's death. These provisions aim to curb speculative trading on events such as acts of violence, conflict, or personal fatalities, ensuring that financial markets do not incentivize or profit from such occurrences.
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Timeline
Mar 10, 2026

Latest Companion Bill Action

S 119-4035
Introduced in Senate
Mar 16, 2026
Introduced in House
Mar 16, 2026
Referred to the House Committee on Agriculture.
  • March 10, 2026

    Latest Companion Bill Action

    S 119-4035
    Introduced in Senate


  • March 16, 2026
    Introduced in House


  • March 16, 2026
    Referred to the House Committee on Agriculture.

Finance and Financial Sector

Related Bills

  • S 119-4035: DEATH BETS Act

DEATH BETS Act

USA119th CongressHR-7942| House 
| Updated: 3/16/2026
This bill, known as the DEATH BETS Act , amends the Commodity Exchange Act to introduce new prohibitions on certain types of financial contracts. Its primary purpose is to prevent the trading and clearing of agreements that exploit or profit from tragic events and human suffering. Specifically, the legislation prohibits registered entities from listing or accepting for clearing any agreement, contract, transaction, or swap based on an excluded commodity that involves, relates to, or references terrorism, assassination, war , or similar activities as determined by the Commission. It also explicitly bans contracts that involve, relate to, or reference an individual's death or could otherwise be construed as closely correlating to an individual's death. These provisions aim to curb speculative trading on events such as acts of violence, conflict, or personal fatalities, ensuring that financial markets do not incentivize or profit from such occurrences.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 10, 2026

Latest Companion Bill Action

S 119-4035
Introduced in Senate
Mar 16, 2026
Introduced in House
Mar 16, 2026
Referred to the House Committee on Agriculture.
  • March 10, 2026

    Latest Companion Bill Action

    S 119-4035
    Introduced in Senate


  • March 16, 2026
    Introduced in House


  • March 16, 2026
    Referred to the House Committee on Agriculture.
Mike Levin

Mike Levin

Democratic Representative

California

Cosponsors (1)
Seth Moulton (Democratic)

Agriculture Committee

Finance and Financial Sector

Related Bills

  • S 119-4035: DEATH BETS Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted