118 S2 IS: Ban Gambling on Elections Act of 2024 U.S. Senate 2024-12-20 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.

II118th CONGRESS2d SessionS. 2IN THE SENATE OF THE UNITED STATESDecember 20 (legislative day, December 16), 2024Mr. Merkley introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and ForestryA 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 any other political 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..