Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, 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.
Summary
The PREDICT Act would prohibit members of Congress, the President, Vice President, senior federal employees, their spouses and dependents, and related fiduciaries from trading in prediction markets that depend on political events. Violations would trigger a 10% fee on the transaction value plus disgorgement of any profits, with penalties paid to the Treasury and disclosed publicly. The bill seeks to stop insider advantage and restore confidence in government decision‑making.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Track this bill
Get real-time alerts when HR 8076 changes status, plus AI-powered summaries and stage predictions.
Sign up free