TennesseeTennessee makes influencing prediction-market events for profit a felony
Starting July 1, 2026, a person commits a Class E felony by trying to influence an event for a financial gain tied to a prediction-market contract.
What it does
A person commits a Class E felony by trying to influence whether an event happens for a financial gain tied directly to a prediction-market contract's settlement.
Argument forThe felony could deter people from trying to change events for a contract payout, helping protect trust in prediction-market contracts.
Argument againstPeople could face a felony for intending to influence an event for a contract payout, even if their actions do not change whether it happens.
More detail
The law makes certain attempts to influence events for financial gain a Class E felony. The contract must be traded on a marketplace where people trade contracts based on whether specified future events occur. The person must intend to gain a financial benefit directly from the contract's settlement. The person or someone acting together with them must be a party to the contract. The law takes effect July 1, 2026.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 27Pub. Ch. 1109Latest
- May 27Effective date(s) 07/01/2026
- May 22Signed by Governor Bill Lee.Became Law
- May 11Transmitted to Governor for action.To Governor
- May 7Signed by H. SpeakerMajor
- Apr 30Signed by Senate SpeakerMajor
- Apr 29Enrolled and ready for signaturesMinor
- Apr 21Subst. for comp. HB.Major
- Vote recorded FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2026 Passed. Result: pass.Lower
- Apr 21Am. withdrawn. (Amendment 1 - HA0991)Minor
- Apr 21Passed H., Ayes 91, Nays 0, PNV 0Passed House
- Apr 13Rcvd. from S., held on H. desk.
- Apr 9Senate adopted Amendment (Amendment 1 - SA0828)
- Vote recorded FLOOR VOTE: as Amended Third Consideration 4/9/2026 Passed. Result: pass.Upper
- Apr 9Passed Senate as amended, Ayes 28, Nays 1Passed Senate
- Apr 9Sponsor(s) Added.Minor
- Apr 9Engrossed; ready for transmission to HouseMinor
- Apr 7Placed on Senate Regular Calendar for 4/9/2026
- Mar 23Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1
- Vote recorded SENATE JUDICIARY COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1 3/23/2026 Passed. Result: pass.Upper
- Mar 23Sponsor(s) Added.Minor
- Mar 18Placed on Senate Judiciary Committee calendar for 3/23/2026
- Mar 17Reset on Final calendar of Senate Judiciary Committee
- Mar 16Action deferred in Senate Judiciary Committee to 3/17/2026
- Mar 16Placed on Senate Judiciary Committee calendar for 3/17/2026
- Mar 11Placed on Senate Judiciary Committee calendar for 3/16/2026
- Feb 5Passed on Second Consideration, refer to Senate Judiciary CommitteeMinor
- Feb 2Introduced, Passed on First ConsiderationMinor
- Jan 22Filed for introductionIntroduced
Criminal Justice