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Proposed

Bill · 119th Congress · HR 8076

PREDICT Act

Refreshed 1 h ago

Introduced 2026-03-25Topic: governance ethics · elections democracy

Summary

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This bill would bar members of Congress, their spouses and dependent children, congressional staff, the President, the Vice President, political appointees, senior executive branch officials, high-ranking military officers, and federal judges and judicial employees from trading on prediction markets tied to specific political events. Anyone who breaks the rule would have to pay a fee equal to ten percent of the trade's value and give up any profits. Penalties could not be paid with office budgets, campaign contributions, or other government-provided funds besides salary. Ethics offices would have to post each fine, the reason for it, and its result on a public website.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-03-25HouseReferred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.refer
2026-03-25HouseReferred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.refer
2026-03-25HouseReferred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.refer
2026-03-25Introduced in Houseintroduce
2026-03-25Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-22. Provisions and opinion polling arrive in a later release.