Authorization of appropriations; funding for event contract oversight

(a) In general There is authorized to be appropriated to the Commodity Futures Trading Commission $30,000,000 for each fiscal year of 2027 through 2031, to remain available until expended, for the purposes of— (1) implementing this Act and the amendments made by this Act; and (2) developing policies, rules, and guidance relating to event contracts. (b) Use of funds Amounts made available pursuant to subsection (a) may be used for— (1) oversight, supervision, and enforcement of event contract markets; (2) rulemakings, reviews, and determinations required under subsection (d) of section 5c of the Commodity Exchange Act (7 U.S.C. 7a–2); (3) the studies and reports required under section 5; (4) the establishment and operation of the Office of the Retail Advocate under subsection (d)(6) of section 5c of the Commodity Exchange Act (7 U.S.C. 7a–2); and (5) the development of technological, surveillance, and data analysis capabilities of the Commodity Futures Trading Commission. (c) Definition of event contract In this section, the term event contract has the meaning given the term in subsection (d)(1) of section 5c of the Commodity Exchange Act (7 U.S.C. 7a–2).