Ban wildfire betting on U.S. regulated markets.
H.R. 10109 — Wildfire Event Contract Prohibition Act · Filed by Michael Baumgartner (R-WA) · Introduced Aug 17, 2026 · Referred to committee
Your members of Congress
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What it does
The bill stops prediction markets from listing bets on wildfires. These bets would cover whether wildfires start, spread, grow intense, cause damage, or hurt people. The Attorney General must review laws about arson and insider trading. The Attorney General must say if new laws are needed.
Who it affects
Prediction markets cannot list wildfire bets. The bill protects communities from incentives to cause wildfires.
One thing to notice
The ban only applies to registered markets. Unregulated platforms can still offer wildfire bets.
From the analysis of the bill text, linked under Primary records below.
Where it stands
- Aug 17, 2026 — Introduced · Congress.gov: “Introduced in House”
- Aug 17, 2026 — Referred to House Committee on the Judiciary and House Committee on Agriculture · Congress.gov: “Referred to the Committee on Agriculture, and in addition to the Committee on the Judiciary, for a period to…”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- prediction markets — Places where people buy and sell bets on whether events will happen.
- insider trading — Buying or selling based on secret information not available to the public.
- Attorney General — The top law officer of the United States government.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (4,107 characters) on Aug 19, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-23.
“Ban wildfire betting on U.S. regulated markets.” QuorumCivic. https://share.quorumcivic.app/bill/119/hr10109/simple Report an error