HR 10505
Ban Gambling on Elections Act of 2024
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- Passed House
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Bill overview
This bill, the Ban Gambling on Elections Act of 2024, aims to prevent the betting and trading on political elections and contests. It specifically prohibits agreements, contracts, and transactions related to these events from being cleared or traded through regulated financial markets. The goal is to reduce the potential for manipulation and undue influence in elections by limiting speculative activity. This legislation focuses on regulating the financial markets surrounding election-related gambling.
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
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