,,ii  #aaith ,,congress  #b;d ,session  
,s4 #daae  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #ag1    
#bjbf,mr4 ,murphy 7for himself and ,mr4 
,hickenlooper7 introduced the following 
bill2 which was read twice and referred 
to the ,committee on the ,judiciary  ,a 
,,bill  ,to ban certain types of wagers4
  #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   
law1 within the meaning of the ,act     
entitled ,an ,act to express the intent 
of the ,congress with reference to the  
regulation of the business of insurance1
 approved ,march #i1 #aide 7commonly    
known as the ,mc,carran-,ferguson ,act2 
#ae ,u4,s4,c4 #ajaa et seq472  7ii7     
under foreign law1 with respect-- 7,i7  
to risks located outside the ,united    
,states2 or  7,,ii7 the reinsurance of  
risks covered under clause 7i72 or      
7iii7 under ,federal law1 including     

under-- 7,i7 the ,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 the ,national  
,flood ,insurance ,program established  
under the ,national ,flood ,insurance   
,act of #aifh 7#db ,u4,s4,c4 #djja et   
seq472 or  7,,iii7 the ,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;b77i77#a7 of title #ah1 ,united  
,states ,code1 is amended by inserting  
after gambling the following3 7including
 conduct prohibited by section #c7;a7 of
 the ,,bets ,,off ,act74  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 ,,bets  
,,off ,act or after is a violation of2  
and  7#b7 in paragraph 7#d71 by         
inserting conducted prohibited by       
section #c7;a7 of the ,,bets ,,off ,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     

,,bets ,,off ,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 subparagraph 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,,iii71      
respectively2 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 ,,bets ,,off ,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