Amendment S-5146 to SF 2470
Relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions
Withdrawn · March 31, 2026
Filed March 31, 2026 in the Senate by Sen. Herman C. Quirmbach (D)
What it changes
- Page 1, before line 1 by inserting: “Section
- NEW SECTION . 68B.9 Prohibition on buying or selling event-driven contracts relating to legislative or governmental actions. A public employee, public official, or lobbyist, or an immediate family member of the public employee, public official, or lobbyist, shall not buy or sell an event-driven contract on a designated contract market relating to state or local legislative or other governmental actions. As used in this section, “event-driven contract” and “designated contract market” mean the same as defined in section 99H.1.”
- Title page, line 3, after “state,” by inserting “prohibiting certain trades,”
- By renumbering as necessary.