George Whitesides (D-CA)
No Bets on Wildfires Act
A Democratic bill with 2 Republican cosponsors · See all 4 cosponsors
Last activity — Referred to the House Committee on Agriculture.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is known as the No Bets on Wildfires Act. Its main job is to change the Commodity Exchange Act. Specifically, it stops certain registered entities from listing or clearing contracts that involve wildfires. This means people will not be allowed to trade event contracts related to wildfires caused by any means.
Who it would affect, and how
Potential Positive Impacts for People
- Stopping Wildfire Betting: Under Section 2, the bill bans registered entities from listing or clearing contracts, agreements, transactions, or swaps involving wildfires caused by any means. This is a positive step because it prevents people from financially profiting or gambling on disasters that harm our communities and natural resources.
Potential Negative Impacts for People
- None Identified: The provided text does not contain any specific sections or provisions that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
No significant interests or groups are affected by this bill.
- 11/9/2026
- 1 Cosponsor added.
- 10/29/2026
- Referred to the House Committee on Agriculture.
- 3 Cosponsors added.
- Introduced in House
Vince FongRepublican · California
James GallagherRepublican · California
Mike LevinDemocrat · California
Andrea SalinasDemocrat · Oregon