diff --git a/newsfragments/2179.misc.rst b/newsfragments/2179.misc.rst
new file mode 100644
index 0000000000..c1520f987b
--- /dev/null
+++ b/newsfragments/2179.misc.rst
@@ -0,0 +1 @@
+Clean up elif statement in contract.py
diff --git a/web3/contract.py b/web3/contract.py
index a776158385..d8b7227bbd 100644
--- a/web3/contract.py
+++ b/web3/contract.py
@@ -887,9 +887,7 @@ def _set_function_info(self) -> None:
                 self.args,
                 self.kwargs
             )
-        if self.function_identifier is FallbackFn:
-            self.selector = encode_hex(b'')
-        elif self.function_identifier is ReceiveFn:
+        if self.function_identifier in [FallbackFn, ReceiveFn]:
             self.selector = encode_hex(b'')
         elif is_text(self.function_identifier):
             # https://github.com/python/mypy/issues/4976