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H.Res. 1248

ResolutionFederalHouseIn Committee
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.
About This Bill
Committee
Latest Action · April 30, 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.
Congress
119th (2025–2027)
Introduced
April 30, 2026
Cosponsors (27)
27D 0R
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Summary

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This resolution amends the House Rules to ban Members of Congress, House officers, and House employees from participating in prediction markets. Specifically, it prohibits them from entering into contracts or agreements that allow them to profit from betting on whether specific events will occur, such as political outcomes or policy decisions. The ban covers prediction market trades but includes exceptions for lawful insurance and sports betting. The resolution also expresses the sense of the House that the executive and judicial branches should adopt similar restrictions on prediction market participation for their respective officials and employees. No specific funding or implementation timeline is included in the measure.

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