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Proposed

Resolution · 119th Congress · HRES 1248

Amending the Rules of the House of Representatives to prohibit Members, officers, and employees of the House of Representatives from participating in prediction markets in certain cases, and for other purposes.

Refreshed 30 min ago

Introduced 2026-04-30Topic: governance ethics

Summary

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This resolution would change the House of Representatives' internal rules to bar House Members, Delegates, the Resident Commissioner, officers, and employees from entering into or offering to enter into contracts or transactions whose payout depends on whether a specific event happens, as used in prediction markets. The ban would not apply to insurance where the person has a lawful insurable interest, or to lawful sports bets. The resolution also states the House's view that the executive and judicial branches should adopt similar limits on participating in prediction markets.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-04-30HouseReferred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, 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
2026-04-30HouseReferred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, 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
2026-04-30HouseReferred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, 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
2026-04-30Submitted in Houseintroduce
2026-04-30HouseSubmitted in Houserefer
2026-04-30Submitted in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-20. Provisions and opinion polling arrive in a later release.