DEATH BETS Act

Mike Levin

Democrat · CA · Representative

Source: Congress.gov · FEC

• Seth Moulton (D-MA-6)· 2026-03-25

Referred to the House Committee on Agriculture.

2026-03-16

Source: Congress.gov

This bill would regulate or restrict the practice of wagering on people's deaths, sometimes called "death bets" or life settlement derivatives, which are financial bets that profit when someone dies. The legislation likely aims to prevent speculation on human mortality and protect individuals from having financial incentives created around their deaths. It would affect financial institutions, investors, and potentially insurance companies involved in these types of transactions.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7942 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7942 To amend the Commodity Exchange Act to prohibit the listing of contracts relating to war, death, and similar activities. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 16, 2026 Mr. Levin introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ 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>

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