# 119-hr-10109: Wildfire Event Contract Prohibition Act

119-hr-10109, Wildfire Event Contract Prohibition Act, is a 119th Congress bill sponsored by Rep. Baumgartner, Michael [R-WA-5] (R-WA); status introduced; PRIA reads it as touching household money (as of 2026-08-27).

- Canonical: https://policyrisk.com/legislation/119-hr-10109
- As of: 2026-08-27
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-10109
- Congress: 119
- Title: Wildfire Event Contract Prohibition Act
- Status: introduced
- Introduced: 2026-08-17
- Sponsor: Rep. Baumgartner, Michael [R-WA-5] (R-WA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-08-27

## Summary

**Prohibits listing, clearing, or trading of contracts that bet on wildfire events on federally registered markets.** It would also require a federal review of authorities on profiting from wildfires and records congressional concern that such markets create improper incentives. - Market operators and traders: Registered exchanges and clearinghouses would be barred from offering or clearing agreements, contracts, transactions, swaps, or indexes tied to wildfire ignition, occurrence, location, duration, intensity, size, spread, containment, evacuations, injury, death, or property damage. - Communities and emergency response: The bill says wildfire event contracts can create incentives to profit from ignition or spread and may undermine public confidence in incident decisions and evacuations. - Enforcement and oversight: The Attorney General must review federal criminal and civil authorities within 180 days and report findings and any legislative recommendations within 30 days after the review. The review would assess authorities for intentionally causing fires, trading on material nonpublic wildfire information, applicability of conspiracy, fraud, money-laundering and forfeiture laws, cross-border or digital platforms, coordination barriers, and whether new penalties or reporting tools are needed.

## Provisions PRIA read

- Ban on Wildfire-Linked Trading: cost, low. If enacted, this bill would ban registered exchanges and clearinghouses from listing or clearing contracts tied to wildfires. It would bar any agreement, contract, transaction, or swap involving a wildfire event or any index, measure, value, data, occurrence, extent, or contingency based on a wildf…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-2570: Maximum Pressure Act
- 119-hr-4895: Afghan Adjustment Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-2619: No Paydays for Hostage-Takers Act
- 119-hr-4206: CONNECT for Health Act of 2025

## Sources
- [119-hr-10109 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/10109)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-4895: Afghan Adjustment Act](https://policyrisk.com/legislation/119-hr-4895)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-2619: No Paydays for Hostage-Takers Act](https://policyrisk.com/legislation/119-hr-2619)
- [119-hr-4206: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-hr-4206)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-10109 (as of 2026-08-27).