Tennessee legislation · 114th General Assembly
Tennessee SB1992: AN ACT to amend Tennessee Code Annotated, Title 39, relative to criminal offenses against property.
Status: Chaptered, May 27, 2026
Fiscal Summary STATE GOVERNMENTEXPENDITURESIncarceration$4,100 Bill Summary ON APRIL 9, 2026, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 1992, AS AMENDED. AMENDMENT #1 makes the following revisions: Clarifies that a person commits a Class E felony offense if, for the purpose of deriving a pecuniary benefit, the person engages in conduct intended to influence the occurrence or nonoccurrence of an event while the person, or another acting in active concert with the person, is a party to a contract traded on a prediction-market by which the person will derive such pecuniary benefit directly from the settlement of that contract based on the occurrence or a nonoccurrence of the event. Clarifies that a "prediction-market," as used in the bill, means a marketplace or exchange on which individuals trade contracts based on the occurrence or nonoccurrence of specified future events.
What the bill says
From the amended text:
House Judiciary 1 Amendment No. 1 to HB2079 Farmer Signature of Sponsor AMEND S e n ate Bill No. 1992* House Bill No. 2079 by deleting all language after the enacting clause and substituting: SECTION 1. Tennessee Code Annotated, Title 39, Chapter 14, Part 1, is amended by adding the following new section: (a) A person commits an offense if, for the purpose of deriving a pecuniary benefit, the person engages in conduct intended to influence the occurrence or nonoccurrence of an event while the person, or another acting in active concert with the person, is a party to a contract traded on a prediction-market by which the person will derive such pecuniary benefit directly from the settlement of that contract based on the occurrence or a nonoccurrence of the event. (b) A violation of subsection (a) is a Class E felony. (c) As used in this section, "prediction-market" means a marketplace or exchange on which individuals trade contracts based on the occurrence or nonoccurrence of specified future events. SECTION 2. This act takes effect July 1, 2026, the public welfare requiring it. HA0991