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Event Contract Enforcement Act
4/1/2026, 4:08 PM
Summary of Bill HR 7840
The bill titled "To amend the Commodity Exchange Act" was introduced in the 119th Congress as H.R. 7840 on March 5, 2026. It aims to prohibit event contracts related to terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities deemed contrary to the public interest by the Commodity Futures Trading Commission. Additionally, it seeks to grant States the ability to exempt themselves from the prohibition on gaming contracts.
Read the Full Bill
Current Status of Bill HR 7840
Bill HR 7840 is currently in the status of Bill Introduced since March 18, 2026. Bill HR 7840 was introduced during Congress 119 and was introduced to the House on March 5, 2026. Bill HR 7840's most recent activity was Sponsor introductory remarks on measure. (CR H2588-2589) as of March 18, 2026
Bipartisan Support of Bill HR 7840
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7840
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 7840
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.
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.
Comments
Paul Crane
1,083
4 months ago
I don't get why they wanna ban all those things in this bill. It's like, why can't people bet on whatever they want? Seems like a waste of time to me. Who even cares about this stuff? Who does it even affect?
Kylen O'Donnell
964
5 months ago
I can't believe this bill is trying to ban all these contracts! This is ridiculous! How is this going to affect me and my investments? What are the short term affects of this bill?
Sponsors and Cosponsors of HR 7840
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