H.R. 7840

Summary

H.R. 7840, the Event Contract Enforcement Act, was introduced in the House on Mar 5, 2026 by Rep. Blake Moore (R) with 3 co-sponsors. It was referred to Subcommittee on Commodity Markets, Digital Assets, and Rural Development, and last saw action on Apr 3, 2026: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Record

Text

H.R. 7840 has 3 co-sponsors.

119 HR 7840 IH: Event Contract Enforcement Act
 U.S. House of Representatives
 2026-03-05
 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.
 I  119th CONGRESS  2d Session  H. R. 7840  IN THE HOUSE OF REPRESENTATIVES   March 5, 2026   Mr. Moore of Utah  (for himself and  Mr. Carbajal ) introduced the following bill; which was referred to the  Committee on Agriculture    A BILL
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.
1.
Short title
This Act may be cited as the   Event Contract Enforcement Act  .
2.
Prohibition on event contracts contrary to the public interest
(a)
In general
Section 5c(c)(5)(C) of the Commodity Exchange Act ( 7 U.S.C. 7a–2(c)(5)(C) ) is amended—
(1)
by striking clauses (i) and (ii) and inserting the following:
(i)
Event contracts
Subject to clause (ii), it shall be unlawful to list or make available for trading on or through a registered entity an agreement, contract, transaction, or swap in an excluded commodity that is based on an occurrence, the extent of an occurrence, or a contingency (other than a change in the price, rate, value, or level of a commodity described in section 1a(19)(i)) in relation to—
(I)
activity that is unlawful under Federal or State law;
(II)
terrorism;
(III)
assassination;
(IV)
war;
(V)
gaming;
(VI)
the result of any vote in an election (as defined in section 301 of the Federal Election Campaign Act of 1971) held under Federal, State, or local law, including a ballot initiative or referendum;
(VII)
conduct by or in any level or branch of the Federal Government or of any State or local government, including by or in any instrumentality or by any personnel of any level or branch of any such government; or
(VIII)
other similar activity determined by the Commission, by rule or regulation, to be contrary to the public interest.
(ii)
Exemption
Clause (i)(V) shall not apply with respect to conduct in a State if the law of the State expressly exempts conduct in the State from the application of such clause.
 ; and
(2)
by adding at the end the following:
(v)
Gaming defined
In clause (i), the term  gaming  means any aspect of a live, simulated, or virtual physical or mental challenge or game of chance.
 .
(b)
Effective date
The amendments made by subsection (a) shall take effect on the date that is 180 days after the date of the enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

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.

Sponsors

Rep. Blake Moore (R) sponsors H.R. 7840, and 3 members have co-sponsored it, 1 of them from the day it was introduced.

Blake Moore

Rep. · R–UT-1 · Sponsor

Introduced Mar 5, 2026

Salud Carbajal

Rep. · D–CA-24 · Co-sponsor

Joined Mar 5, 2026 · Original

Gabe Vasquez

Rep. · D–NM-2 · Co-sponsor

Joined Apr 21, 2026

Jodey Arrington

Rep. · R–TX-19 · Co-sponsor

Joined May 26, 2026

Show 4 of 4 rows

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Committees

H.R. 7840 went before 2 committees: Commodity Markets, Digital Assets, and Rural Development Subcommittee and Agriculture.

Commodity Markets, Digital Assets, and Rural Development Subcommittee

Commodity Markets, Digital Assets, and Rural Development Subcommittee

Referred to · Apr 3, 2026 · 46 Bills

Agriculture

Agriculture

Referred To · Mar 5, 2026 · 226 Bills

Actions

H.R. 7840 has taken 4 actions since Mar 5, 2026, the latest on Apr 3, 2026.

Votes

H.R. 7840 has not gone to a roll call.

Titles

H.R. 7840 goes by 3 titles, 1 of them short titles.

• Event Contract Enforcement Act — Display Title
• Event Contract Enforcement Act — Short Title(s) as Introduced
• 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. — Official Title as Introduced

Lobbying

8 clients hired 4 firms and 16 registered lobbyists who named H.R. 7840 in 15 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Gaming/Gambling/Casino, Indian/Native American Affairs, Budget/Appropriations, Alcohol and Drug Abuse, Commodities (big ticket), Health Issues, Law Enforcement/Crime/Criminal Justice, Agriculture.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 7840 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 7840’s is Finance and Financial Sector.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 7840, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 42 (Thursday, March 5, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MOORE of Utah:H.R. 7840.Congress has the power to enact this legislation pursuantto the following:Article I Section 8[Page H2473]

Source: congress.gov · legiscan.com