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HRES 1263
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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.

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.

Introduced May 7, 2026

Latest action (May 7, 2026) 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.

Referred to
Oversight and Government Reform Committee Judiciary Committee Ethics Committee
Policy area
Congress

Summary

This resolution amends the House Rules to prohibit Members of Congress, Delegates, Resident Commissioners, and House officers and employees from entering into or participating in prediction market contracts or transactions. Prediction markets are agreements dependent on the occurrence or nonoccurrence of specific events, such as betting on election results or legislative outcomes. The prohibition applies to any agreement, contract, swap, or transaction involving commodities as defined by the Commodity Exchange Act that depend on whether a particular event occurs. An exception is made for legitimate insurance products where the insured holds a lawful insurable interest. The resolution also expresses the sense of Congress that the executive and judicial branches should adopt similar restrictions on prediction market participation by their officials and employees.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
2 cosponsors

Actions (2)
  1. May 7, 2026 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. · house
  2. May 7, 2026 Submitted in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HRES 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. · Introduced Apr 30, 2026 · Cong. 119 89%
  • SRES 708 — A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets. · Passed Senate Apr 30, 2026 · Cong. 119 81%
  • HR 8838 — Congressional Prediction Market Ban Act of 2026 · Introduced May 14, 2026 · Cong. 119 74%
  • HR 8076 — PREDICT Act · Introduced Mar 25, 2026 · Cong. 119 71%
  • S 4226 — STOP Corrupt Bets Act of 2026 · Introduced Mar 26, 2026 · Cong. 119 70%
  • HR 9367 — Stop Lawmakers From Predicting Act · Introduced Jun 24, 2026 · Cong. 119 70%

Full text

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>

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