Bill · H.R. 7942· House(119-HR-7942)
DEATH BETS Act
- Introduced
- 3/16/2026
- Last activity
- 4/3/2026 — Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Sponsored by
- Mike Levin
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "DEATH BETS Act," proposes an amendment to the Commodity Exchange Act. It seeks to prohibit registered entities from listing or clearing certain types of contracts. Specifically, it targets agreements or swaps related to terrorism, assassination, war, or similar activities. It also prohibits contracts that involve or reference an individual's death. The goal is to stop trading based on these sensitive and harmful topics.
Yes
Does this give people more protection from unfair business practices?+5
The bill protects consumers and market participants by prohibiting exploitative contracts based on death and tragedy.
Would business owners be better off under this?+3
The bill reduces the availability of certain speculative financial instruments for trading entities.
Does this put more money into stopping terrorism?+2
The bill restricts financial markets from profiting off of terrorism through contract listings.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Prohibition of harmful trading: Under Section 2, the bill prevents registered entities from listing or accepting contracts that involve or reference terrorism, assassination, or war. This would stop the trading of agreements based on these activities.
-
Prevention of death-related speculation: Section 2 also prohibits contracts that involve or reference an individual's death. This prevents transactions that could be construed as correlating closely to a person's passing.
Potential Negative Impacts for People
- No negative impacts identified: The provided text does not contain information regarding potential negative consequences or burdens resulting from the passage of this bill.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Consumer Protection+5
- Demographic And Interest Groups
- Good For Business Owners+3
- National Security And Foreign Policy
- Increases Counter Terrorism Funding+2
- 4/3/2026
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- 3/25/2026
- 1 Cosponsor added.
- 3/16/2026
- Referred to the House Committee on Agriculture.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Seth MoultonDemocrat · Massachusetts