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, making adjustments to individual and corporate income taxes, providing for fees, and including retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedJanuary 21, 2026
2. ✓
   Done: SubcommitteeJanuary 22, 2026
3. ✓
   Done: Senate committeeMarch 12, 2026
4. –
   Skipped: Passes the SenateContinued as SF 2470
5. Next: House committee
6. Next: Passes the House
7. Next: To the Governor
8. Next: Signed into law

Became SF 2470 → Its progress continues under the new number. Go to SF 2470 What’s a funnel?

Amendments · 2

1 adopted · 0 failed. Newest first.

• S-5146 · filed March 31, 2026 by Sen. Herman C. Quirmbach (D)

  AI summary This amendment adds a rule that prohibits public employees, public officials, lobbyists, and their immediate family members from trading event-driven contracts related to state or local government or legislative actions. It also updates the bill's title to reflect this new prohibition.
  Withdrawn
  March 31, 2026
• S-5142 · filed March 31, 2026 by Sen. Dan Dawson (R)

  AI summary This amendment changes the term "prediction" to "designated contract" and increases a specific number from ten to twenty. It adds a new section that imposes a 20 percent excise tax on the amount spent to buy an event-driven contract and provides detailed definitions for terms like "trader" and "economic indicators." It also clarifies that these rules do not apply to horse or dog racing, fantasy sports, or certain other types of wagering.
  Adopted
  March 31, 2026