[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4035 Introduced in Senate (IS)]

<DOC>






119th CONGRESS
  2d Session
                                S. 4035

    To amend the Commodity Exchange Act to prohibit the listing of 
       contracts relating to war, death, and similar activities.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 10, 2026

  Mr. Schiff introduced the following bill; which was read twice and 
   referred to the Committee on Agriculture, Nutrition, and Forestry

_______________________________________________________________________

                                 A BILL


 
    To amend the Commodity Exchange Act to prohibit the listing of 
       contracts relating to war, death, and similar activities.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Discouraging Exploitative 
Assassination, Tragedy, and Harm Betting in Event Trading Systems Act'' 
or the ``DEATH BETS Act''.

SEC. 2. PROHIBITION ON LISTING OF CONTRACTS RELATING TO WAR, DEATH, AND 
              SIMILAR ACTIVITIES.

    Section 5c of the Commodity Exchange Act (7 U.S.C. 7a-2) is amended 
by inserting after subsection (c) the following:
    ``(d) Prohibition on Listing of Contracts Relating to War, Death, 
and Similar Activities.--A registered entity shall not list for trading 
or accept for clearing on or through the registered entity any of the 
following:
            ``(1) An agreement, contract, transaction, or swap based on 
        an excluded commodity (as defined in section 1a(19)(iv)) that 
        involves, relates to, or references terrorism, assassination, 
        war, or any similar activity, as determined by the Commission.
            ``(2) An agreement, contract, transaction, or swap based on 
        an excluded commodity (as defined in section 1a(19)(iv)) that 
        involves, relates to, or references an individual's death or 
        could otherwise be construed as correlating closely to an 
        individual's death.''.
                                 <all>