[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 1263 Introduced in House (IH)]

<DOC>






119th CONGRESS
  2d Session
H. RES. 1263

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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 7, 2026

 Mrs. Hinson submitted the following resolution; which was referred 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

_______________________________________________________________________

                               RESOLUTION


 
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.

    Resolved,

SECTION 1. PROHIBITION ON PREDICTION MARKET TRADING BY MEMBERS OF THE 
              HOUSE OF REPRESENTATIVES.

    Rule XXIII of the Rules of the House of Representatives is 
amended--
            (1) by redesignating clause 22 as clause 23; and
            (2) by inserting after clause 21 the following:
    ``22. No Member, Delegate, Resident Commissioner, officer, or 
employee of the House of Representatives may enter into, or offer to 
enter into, an agreement, contract, swap, or transaction that provides 
for any purchase, sale, payment, or delivery of an excluded commodity, 
as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), 
that is dependent on the occurrence, nonoccurrence, or the extent of 
the occurrence of a specific event or contingency. Nothing in this 
clause shall be construed to apply to insurance for which the insured 
holds a lawful insurable interest.''.

SEC. 2. SENSE OF THE HOUSE OF REPRESENTATIVES.

    It is the sense of the House of Representatives that the executive 
branch and judicial branch should establish restrictions similar to 
those added to the Rules of the House of Representatives under section 
1 relating to participation in prediction markets.
                                 <all>