Amending the Rules of the House of Representatives to prohibit Members of the House from entering into certain agreements, contracts, or transactions with respect to prediction markets.

This resolution would change the Rules of the House of Representatives to bar Members, Delegates, the Resident Commissioner, officers, and employees of the House from entering into, or offering to enter into, contracts or transactions whose payment depends on whether a specific event happens, as used in prediction markets. The ban covers deals involving an "excluded commodity" as defined in the Commodity Exchange Act. It does not apply to insurance where the insured person has a lawful insurable interest. The resolution also states the House's view that the executive and judicial branches should adopt similar restrictions.

Full text and official record on Congress.gov

Sponsors

• Ashley Hinson Republican sponsor
• 2 cosponsors