HR7840Referred to Committee

Event Contract Enforcement Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-03-05
Introduced
3
Cosponsors
HR
ⓘ
Type

Sponsor

Blake D. Moore
Blake D. Moore
Republican · UT · Representative
Votes with party: 98.2% (552 recorded votes)

Full profile: /officials/M001213

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Sponsor introductory remarks on measure. (CR H2588-2589)

2026-03-18

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would establish rules to make event contracts (like those for concerts, sports games, or conferences) easier to enforce when disputes arise between organizers, venues, and ticket sellers. It aims to clarify financial responsibilities and protect consumers and businesses involved in the event industry from contract violations. The legislation would likely affect event promoters, ticket vendors, venues, and attendees by creating clearer legal standards for handling contract disagreements.

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.

Subjects

Finance and Financial Sector

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7840 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7840 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. _______________________________________________________________________ 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. 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 ``Event Contract Enforcement Act''. SEC. 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. <all>
Open clean-text viewRead on Congress.gov →

Related legislation

Bills by the same sponsor or covering overlapping subjects.