,i #aaith ,,congress #b;d ,session ,h4 ,r4 #giee ,,in ,,the ,,house ,,of ,,representatives ,march #ag1 #bjbf,mr4 ,casar 7for himself1 ,mr4 ,amo1 ,ms4 ,ansari1 and ,ms4 ,tlaib7 introduced the following bill2 which was referred to the ,committee on the ,judiciary1 and in addition to the ,committees on ,agriculture1 and ,financial ,services1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to prohibit any person from placing1 accepting1 or facilitating the placement or acceptance of a wager regarding a specified event1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,banning ,event ,trading on ,sensitive ,operations and ,federal ,functions ,act or the ,,bets ,,off ,act4 #b4 ,definitions ,in this ,act3 7#a7 ,specified event ,the term specified event means-- 7,a7 an act of terrorism2 7,b7 an assassination2 7,c7 a war2 or 7,d7 any event-- 7i7 the primary underlying characteristic of which is not financial1 commercial1 or economic2 and 7ii7 7,i7 that is an action taken by any government1 unit of government1 intergovernmental organization1 or government official2 7,,ii7 the outcome of which is under the complete control of any person2 or 7,,iii7 the outcome of which is known by any person in advance4 7#b7 ,wager ,the term wager-- 7,a7 means the staking or risking by any person of something of value upon the outcome of an event1 including the outcome of any portion or aspect thereof1 upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome2 and 7,b7 does not include insurance for which the insured holds a lawful insurable interest-- 7i7 under ,state law within the meaning of the ,act of ,march #i1 #aide 7#ae ,u4,s4,c4 #ajaa et seq471 commonly known as the ,mc,carran-,ferguson ,act2 7ii7 under foreign law1 with respect to-- 7,i7 risks located outside the ,united ,states2 or 7,,ii7 the reinsurance of risks covered under clause 7i72 or 7iii7 under ,federal law1 including under the-- 7,i7 ,terrorism ,insurance ,program established under the ,terrorism ,risk ,insurance ,act of #bjjb 7#ae ,u4,s4,c4 #fgja note2 ,public ,law #ajg-big72 7,,ii7 ,national ,flood ,insurance ,program established under the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djja et seq472 or 7,,iii7 ,federal crop insurance program established under the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aeja et seq474 #c4 ,prohibited conduct 7a7 ,prohibition ,it shall be unlawful for any person to place1 accept1 or facilitate the placement or acceptance of a wager regarding a specified event4 7b7 ,civil action ,the ,attorney ,general may bring a civil action for injunctive relief in an appropriate district court of the ,united ,states against any person who violates subsection 7a74 #d4 ,amendments 7a7 ,interstate and foreign travel or transportation in aid of racketeering enterprises ,section #aieb7;b7 of title #ah1 ,united ,states ,code1 is amended by inserting 7including conduct prohibited by section #c7;a7 of the ,banning ,event ,trading on ,sensitive ,operations and ,federal ,functions ,act7 after gambling4 7b7 ,prohibition of illegal gambling businesses ,section #aiee7;b7 of title #ah1 ,united ,states ,code1 is amended-- 7#a7 in paragraph 7#a77;i71 by inserting section #c7;a7 of the ,banning ,event ,trading on ,sensitive ,operations and ,federal ,functions ,act or after is a violation of2 and 7#b7 in paragraph 7#d71 by inserting conduct prohibited by section #c7;a7 of the ,banning ,event ,trading on ,sensitive ,operations and ,federal ,functions ,act1 after gambling includes but is not limited to4 7c7 ,prohibition on funding of unlawful internet gambling ,section #ecfb7a7 of title #ca1 ,united ,states ,code1 is amended-- 7#a7 in subparagraph 7,d71 by striking and at the end2 7#b7 by redesignating subparagraph 7,e7 as subparagraph 7,f72 and 7#c7 by inserting after subparagraph 7,d7 the following3 7,e7 includes conduct prohibited by section #c7;a7 of the ,banning ,event ,trading on ,sensitive ,operations and ,federal ,functions ,act1 without regard to subparagraph 7,f7 of this paragraph2 and 4 7d7 ,common provisions applicable to registered entities ,section #e;c7c77#e7 of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #g;a-#b7;c77#e77 is amended-- 7#a7 in clause 7,c77i7-- 7,a7 by striking subclauses 7,,ii71 7,,iii71 and 7,,iv72 and 7,b7 by redesignating subclauses 7,v7 and 7,,vi7 as subclauses 7,,ii7 and 7,,iii72 and 7#b7 by adding at the end the following3 7,d7 ,prohibition relating to specified events ,notwithstanding any other provision of this section1 no agreement1 contract1 transaction1 or swap involving any specified event1 as defined in section #b of the ,banning ,event ,trading on ,sensitive ,operations and ,federal ,functions ,act 7or any index1 measure1 value1 or data related thereto1 or occurrence1 extent of an occurrence1 or contingency based thereon71 may be listed or made available for clearing or trading on or through a registered entity4 4 #e4 ,severability ,if any provision of this ,act or amendment made by this ,act1 or the application of such provision or amendment to any person or circumstance1 is held to be unconstitutional1 the remainder of this ,act and the amendments made by this ,act1 and the application of the provision or amendment to any other person or circumstance1 shall not be affected4 #f4 ,effective date ,this ,act shall take effect on the date that is #cj days after the date of enactment of this ,act4