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.
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.
Summary
The resolution amends the House Rules to bar members, delegates, resident commissioners, officers, and employees from entering contracts whose payoff depends on the outcome of a specific event, such as prediction‑market trades. It makes exceptions for legitimate insurance and lawful sports wagers. It also urges the executive and judicial branches to adopt comparable limits.
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