Senate Bill 1992, also known as House Bill 2079, amends Tennessee Code Annotated, Title 39, by introducing a new section that criminalizes certain conduct related to prediction markets. Specifically, the bill makes it an offense for a person to engage in actions intended to influence the outcome of an event while being a party to a contract with a prediction market, from which they would benefit, either directly or indirectly. This violation is classified as a Class E felony.

The bill defines "prediction-market" as a platform where individuals can trade contracts based on the outcomes of unknown future events. The provisions of this act are set to take effect on July 1, 2026, emphasizing the importance of regulating activities that could manipulate the integrity of prediction markets.