[Congressional Record Volume 172, Number 71 (Wednesday, April 22, 2026)]
[Senate]
[Page S2003]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5193. Mr. MERKLEY submitted an amendment intended to be proposed 
by him to the concurrent resolution S. Con. Res. 33, setting forth the 
congressional budget for the United States Government for fiscal year 
2026 and setting forth the appropriate budgetary levels for fiscal 
years 2027 through 2035; which was ordered to lie on the table; as 
follows:

       At the end of title III, add the following:

     SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO EVENT 
                   CONTRACTS THAT REFERENCE ELECTIONS, WAR, AND 
                   MILITARY ACTION IN THE UNITED STATES AND 
                   ABROAD.

       The Chairman of the Committee on the Budget of the Senate 
     may revise the allocations of a committee or committees, 
     aggregates, and other appropriate levels in this resolution, 
     and make adjustments to the pay-as-you-go ledger, for one or 
     more bills, joint resolutions, amendments, amendments between 
     the Houses, motions, or conference reports relating to 
     protecting the integrity of prediction markets, which may 
     include prohibiting event contracts with no commercial 
     hedging value (as defined in the regulations of the Commodity 
     Futures Trading Commission) or prohibiting event contracts 
     that reference elections, war, or military action in the 
     United States or abroad, by the amounts provided in such 
     legislation for those purposes, provided that such 
     legislation would not increase the deficit over the period of 
     the total of fiscal years 2026 through 2035.
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