HRES 1263 United States House · 119th Congress

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.

This resolution proposes to ban Members of the House, along with their officers and employees, from participating in prediction market contracts or transactions. The rule specifically prohibits these individuals from entering agreements where payments depend on whether a specific real-world event occurs or how much it happens. While the ban is strict, it allows for standard insurance policies where the person has a legitimate financial interest in the outcome. Additionally, the resolution expresses a preference that the executive and judicial branches adopt similar restrictions on prediction market participation.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
President
Introduced May 7, 2026 Last action May 7, 2026
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Total actions
2
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0
Committee
1
May 7, 2026
Committee
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.
lower
May 7, 2026
Introduced
Submitted in House
lower
1 primary · 2 co-sponsors

Sponsors