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H.R. 8912

U.S. House•In House Committee

Summary

H.R. 8912, the Campaign Funds Integrity Act of 2026, was introduced in the House on May 19, 2026 by Rep. Ritchie Torres (D). It was referred to Administration, and last saw action on May 19, 2026: Referred to the House Committee on House Administration.

Record

Text

H.R. 8912 has no co-sponsors and has not gone to a roll call.

hb8912/introduced-in-house.txt
119 HR 8912 IH: Campaign Funds Integrity Act of 2026
 U.S. House of Representatives
 2026-05-19
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  2d Session  H. R. 8912  IN THE HOUSE OF REPRESENTATIVES   May 19, 2026   Mr. Torres of New York  introduced the following bill; which was referred to the  Committee on House Administration    A BILL
To prohibit the use of campaign funds for prediction-market transactions, and for other purposes.
1.
Short title
This Act may be cited as the   Campaign Funds Integrity Act of 2026  .
2.
Prohibition on use of campaign funds for certain financial transactions
(a)
In general
Section 324 of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30126 ) is amended to read as follows:
324.
Prohibition on use of campaign funds for certain speculative financial transactions
(a)
Prohibition
A candidate, authorized committee, or other political committee shall not use campaign funds to participate in any prediction market or event contract, including any contract or instrument whose value is derived from the outcome of an election, legislative action, regulatory decision, or other political or economic event.
(b)
Enforcement and penalties
(1)
In general
Any violation of this section shall be considered pursuant to the enforcement procedures under section 309, including with respect to the civil penalties authorized under such section.
(2)
Knowing and willful violations
Any person who knowingly and willfully commits a violation of this section shall be subject to criminal penalties under section 309(d), which may include fines under title 18, United States Code, imprisonment of not more than 5 years, or both.
(c)
Referral to Department of Justice
The Federal Election Commission may refer apparent knowing and willful violations to the U.S. Department of Justice for criminal prosecution in accordance with section 309(a)(5)(C).
(d)
Regulations
The Federal Election Commission shall promulgate regulations to carry out this section, including guidance on permissible financial instruments and compliance requirements.
(e)
Rule of construction
Nothing in this section shall be construed to prohibit the use of campaign funds for—
(1)
deposits in insured depository institutions;
(2)
investments in diversified mutual funds or exchange-traded funds; or
(3)
other low-risk financial instruments as may be permitted by the Commission.
(f)
Definitions
For purposes of this section:
(1)
The term  campaign funds  means contributions or donations received by a candidate, authorized committee, or other political committee subject to this Act.
(2)
The term  prediction market  or  event contract  means any agreement, contract, transaction, or instrument that provides for payment based on the outcome of a future event, including political, economic, or regulatory events.
 .
(b)
Effective date
This section and the amendment made by this section shall take effect on the date that is 120 days after the date of the enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-05-19
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To prohibit the use of campaign funds for prediction-market transactions, and for other purposes.

Sponsors

Rep. Ritchie Torres (D) sponsors H.R. 8912 alone.

Committees

H.R. 8912 went before 1 committee: Committee on House Administration.

Committee on House Administration
Committee on House Administration
Referred To · May 19, 2026 · 196 Bills

Actions

H.R. 8912 has taken 2 actions since May 19, 2026.

ChamberAction
May 19, 2026
House
Introduced in House
May 19, 2026
House
Referred to the House Committee on House Administration.Committee on House Administration

Votes

H.R. 8912 has not gone to a roll call.

Titles

H.R. 8912 goes by 3 titles, 1 of them short titles.

  • Campaign Funds Integrity Act of 2026 — Display Title
  • To prohibit the use of campaign funds for prediction-market transactions, and for other purposes. — Official Title as Introduced
  • Campaign Funds Integrity Act of 2026 — Short Title(s) as Introduced

Lobbying

1 client hired 1 firm and 1 registered lobbyist who named H.R. 8912 in 4 quarterly filings, 2025. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Aviation/Airlines/Airports, Budget/Appropriations, Defense, Energy/Nuclear, Manufacturing, Taxation/Internal Revenue Code, Trade (domestic/foreign), Environment/Superfund.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
HOWMET AEROSPACE INC FORMALLY KNOWN AS ARCONIC INCArconic, Inc. separated on 4/1/2020 and this account now belongs to Howmet Aerospace, Inc.Pennsylvania14—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
HOWMET AEROSPACE, INC. FORMALLY KNOWN AS ARCONIC, INC.14—

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
BENJAMIN SQUIRES114

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
HOWMET AEROSPACE INC FORMALLY KNOWN AS ARCONIC INCHOWMET AEROSPACE, INC. FORMALLY KNOWN AS ARCONIC, INC.2025 first_quarter$180K1st Quarter - Amendme…
HOWMET AEROSPACE INC FORMALLY KNOWN AS ARCONIC INCHOWMET AEROSPACE, INC. FORMALLY KNOWN AS ARCONIC, INC.2025 first_quarter$180K1st Quarter - Report
HOWMET AEROSPACE INC FORMALLY KNOWN AS ARCONIC INCHOWMET AEROSPACE, INC. FORMALLY KNOWN AS ARCONIC, INC.2025 second_quarter$150K2nd Quarter - Report
HOWMET AEROSPACE INC FORMALLY KNOWN AS ARCONIC INCHOWMET AEROSPACE, INC. FORMALLY KNOWN AS ARCONIC, INC.2025 third_quarter$140K3rd Quarter - Report

Classification

The Congressional Research Service files H.R. 8912 under Government Operations and Politics, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 8912’s is Government Operations and Politics.

hr8912/policy-areas.txt
Government Operations and PoliticsAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 8912, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 85 (Tuesday, May 19, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TORRES of New York:H.R. 8912.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.By M. VALADAO:H.R. 8913.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18[Page H3628]

Source: congress.gov · legiscan.com