H.R. 10951 — Introduced in House

I 119th CONGRESS 2d Session H. R. 10951 IN THE HOUSE OF REPRESENTATIVES October 29, 2026Mr. Whitesides (for himself, Mr. Gallagher, Ms. Salinas, and Mr. Fong) 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 wildfires. 1. Short title This Act may be cited as the No Bets on Wildfires Act. 2. Prohibition on event contracts on wildfires Section 5c of the Commodity Exchange Act (7 U.S.C. 7a–2) is amended by adding at the end the following: (d) Prohibition on event contracts relating to wildfires A registered entity shall not list for trading or accept for clearing on or through the registered entity any agreement, contract, transaction, or swap that involves a wildfire caused by whatever means. .