SB 1992: Criminal Offenses - As enacted, creates a Class E felony offense when a person, for the purpose of deriving a pecuniary benefit, engages in conduct intended to influence the occurrence or nonoccurrence of an event while the person, or another acting in active concert with the person, is a party to a contract traded on a prediction-market by which the person will derive such pecuniary benefit directly from the settlement of that contract based on the occurrence or a nonoccurrence of the event. - Amends TCA Title 39.

Plain-language summary

SB 1992 is a bill introduced in the Tennessee Senate on January 22, 2026. According to its official title, it concerns: Criminal Offenses - As enacted, creates a Class E felony offense when a person, for the purpose of deriving a pecuniary benefit, engages in conduct intended to influence the occurrence or nonoccurrence of an event while the person, or another acting in active concert with the person, is a party to a contract traded on a prediction-market by which the person will derive such pecuniary benefit directly from the settlement of that contract based on the occurrence or a nonoccurrence of the event. - Amends TCA Title 39. Primary sponsor: Ferrell Haile (Republican). Most recent recorded action (May 27, 2026): Pub. Ch. 1109.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written