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Congress·In Committee·S. 4035

DEATH BETS Act

Banning Bets on War and Death

about 1 month ago·View on Congress.gov·Read full text
Part of: DEATH BETS Act

Legislative Progress

Senate
House
President
Law

Key Points

  • This bill, introduced by Schiff, would stop financial trading platforms from letting people bet on violent events. It specifically bans contracts linked to wars, terrorist attacks, assassinations, or the death of any specific person.
  • It changes the rules for commodity exchanges to ensure they cannot host "event markets" for tragedies. This means investors could no longer use these platforms to profit if a world leader is killed or if a new conflict breaks out.
  • The main goal is to stop people from making money off of human suffering and death. Supporters believe that allowing people to profit from things like assassinations is unethical and could even encourage dangerous behavior.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions
Mar 10, 2026Senate

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Mar 10, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Related Bills

1 bill
H.R. 7942Identical bill

DEATH BETS Act

Mar 16 — Referred to the House Committee on Agriculture.

Source Information

Document Type

Congressional Bill

Official Title

DEATH BETS Act

Bill NumberS 4035
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Read Full Bill Text

Sponsor

Analysis generated by AI. Always verify with official sources.