U.S. Congress legislation · 119th Congress
HB10732: No Betting on Your Own Race Act
Status: In committee, October 5, 2026
To amend title 52, United States Code, to prohibit candidates for Federal office from trading in contracts on the outcome of their own elections, and for other purposes.
What the bill says
To amend title 52, United States Code, to prohibit candidates for Federal office from trading in contracts on the outcome of their own elections, and for other purposes.
From the introduced text, October 5, 2026:
A BILL To amend title 52, United States Code, to prohibit candidates for Federal office from trading in contracts on the outcome of their own elections, and for other purposes. SECTION 1. Short title This Act may be cited as the No Betting on Your Own Race Act . SECTION 2. Trading by candidates in contracts on their own elections (a) In general Subchapter I of chapter 301 of title 52, United States Code, is amended by adding at the end the following: SECTION 30147. Trading by candidates in contracts on their own elections (a) Definitions In this section: (1) Candidate The term candidate has the meaning given the term in section 301 of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101 ). (2) Covered platform The term covered platform means any registered entity, designated contract market, swap execution facility, broker, intermediary, or other platform that facilitates trading in political event contracts. (3) Political event contract The term political event contract means any agreement, transaction, swap, option, contract, derivative, or other event contract that allows a person to purchase, sell, trade, or otherwise obtain direct financial exposure based on the outcome of-- (A) a Federal election; (B) a primary election; (C) a caucus; (D) the nomination of a candidate; (E) control of Congress; (F) any other political …
Sponsors
- Donald Davis (D, HD-001) · primary sponsor
Latest actions
- : Referred to the House Committee on House Administration.
- : Introduced in House
Subjects: Government Operations and Politics
Common questions
- What is HB10732?
- HB10732 is a bill in Congress (119th Congress): No Betting on Your Own Race Act.
- What does HB10732 do?
- In its own words: To amend title 52, United States Code, to prohibit candidates for Federal office from trading in contracts on the outcome of their own elections, and for other purposes.
- What is the status of HB10732?
- In committee as of October 5, 2026. Latest action: Referred to the House Committee on House Administration. (October 5, 2026).
- Who sponsored HB10732?
- Donald Davis (D, HD-001).
- Where is the official record for HB10732?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10732
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.