Proposed
Bill · 119th Congress · HR 8912
Campaign Funds Integrity Act of 2026
Refreshed 2 h ago
Introduced 2026-05-19Topic: elections democracy · governance ethicsSummary
AI-generated summary, report an errorThis bill would bar candidates, their campaign committees, and other political committees from using campaign funds to take part in prediction markets or event contracts, which pay out based on the outcome of future events such as elections, legislative actions, or regulatory decisions. Violations would be handled through existing Federal Election Commission enforcement, including civil penalties, and knowing and willful violations could bring criminal fines, up to 5 years in prison, or both. The Commission would write rules to carry out the ban and could refer cases to the Department of Justice. Campaign funds could still be kept in insured bank accounts, diversified mutual funds or exchange-traded funds, or other low-risk instruments the Commission allows. The ban would take effect 120 days after the bill becomes law.
Sponsors
- Ritchie Torres Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-05-19 | House | Referred to the House Committee on House Administration. | refer |
| 2026-05-19 | Introduced in House | introduce | |
| 2026-05-19 | Introduced in House | introduce |