118 HR 10505 IH: Ban Gambling on Elections Act of 2024 U.S. House of Representatives 2024-12-18 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 10505IN THE HOUSE OF REPRESENTATIVESDecember 18, 2024Mr. Raskin (for himself, Ms. Salinas, and Mr. Casten) introduced the following bill; which was referred to the Committee on AgricultureA BILLTo amend the Commodity Exchange Act to prohibit political election or contest agreements, contracts, transactions, and swaps.

1.

Short title

This Act may be cited as the Ban Gambling on Elections Act of 2024.

2.

Prohibition on political election or contest agreements, contracts, transactions, and swaps

Section 5c(c)(5) of the Commodity Exchange Act (7 U.S.C. 7a–2(c)(5)) is amended by adding at the end the following: (D)

Prohibition relating to political elections or contests

Notwithstanding any other provision of this section, no agreement, contract, transaction, or swap involving any political election or contest (or any index, measure, value, or data related thereto, or occurrence, extent of an occurrence, or contingency based thereon) may be listed or made available for clearing or trading on or through a registered entity..