[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 1248 Introduced in House (IH)]

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119th CONGRESS
  2d Session
H. RES. 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.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 30, 2026

Ms. Titus 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

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                               RESOLUTION


 
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.

    Resolved,

SECTION 1. PROHIBITION ON PREDICTION MARKET TRADING BY MEMBERS, 
              OFFICERS, AND EMPLOYEES OF THE HOUSE.

    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.(a) No Member, Delegate, Resident Commissioner, officer, or 
employee of the House 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.
    ``(b) Nothing in this clause shall be construed to apply to 
insurance for which the insured holds a lawful insurable interest or 
the making of a lawful sports wager.
    ``(c) In this clause, the term `sports wager' means the staking or 
risking by any person of something of value upon the outcome of a 
sporting event, including the outcome of any portion or aspect thereof, 
upon an agreement or understanding that the person or another person 
will receive something of value in the event of a certain outcome.''.

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 under section 1 relating to 
participation in prediction markets.
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