# 119-hr-8148: Prediction Market RISK Act

119-hr-8148, Prediction Market RISK Act, is a 119th Congress bill sponsored by Rep. Moulton, Seth [D-MA-6] (D-MA); status introduced; PRIA reads it as touching household money (as of 2026-04-25).

- Canonical: https://policyrisk.com/legislation/119-hr-8148
- As of: 2026-04-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8148
- Congress: 119
- Title: Prediction Market RISK Act
- Status: introduced
- Introduced: 2026-03-27
- Sponsor: Rep. Moulton, Seth [D-MA-6] (D-MA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-25

## Summary

**This bill would apply the Commodity Exchange Act's enforcement rules to prediction market contracts.** It defines "prediction market contract" broadly and says existing Sections 4(c) and 6(c) of the Commodity Exchange Act cover illegal trading in those contracts.

## Provisions PRIA read

- New oversight for prediction market platforms: mixed, low. This bill would define a "prediction market contract" as any financial instrument or derivative offered by an interstate platform that pays based on whether a future event happens or does not happen, including market-based event contracts. If enacted, it would make Sections 4(c) and 6(c) of the Com…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-3077: Agriculture Resilience Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-8839: Lainie Jones Comprehensive Cancer Survivorship Act of 2026

## Sources
- [119-hr-8148 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8148)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-3077: Agriculture Resilience Act of 2025](https://policyrisk.com/legislation/119-hr-3077)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-8839: Lainie Jones Comprehensive Cancer Survivorship Act of 2026](https://policyrisk.com/legislation/119-hr-8839)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8148 (as of 2026-04-25).