H.Res. 1248

119 HRES 1248 IH: 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.
 U.S. House of Representatives
 2026-04-30
 text/xml
 EN
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 IV  119th CONGRESS  2d Session  H. RES. 1248  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   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.
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.
   .
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.