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BillHRES 1263 · 119

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
Cosponsors
2
Traction
0
Last Action
May 7, 2026

Bill Summary

Prohibits House members from entering into agreements or contracts related to prediction markets. Bans them from making certain transactions with these markets.

Sponsored By

Ashley Hinson
Republican · Iowa · House

Bill Journey

  1. May 7, 2026
  3. May 7, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects Members of the House of Representatives, preventing them from participating in or profiting from prediction markets. It impacts their financial dealings and potential conflicts of interest.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeOversight and Government Reform Committee
IntroducedMay 7, 2026
Last UpdatedMay 7, 2026
Latest ActionReferred 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.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.