# 119-hres-1263: 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.

119-hres-1263, 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., is a 119th Congress bill sponsored by Rep. Hinson, Ashley [R-IA-2] (R-IA); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hres-1263
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hres-1263
- Congress: 119
- Title: 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.
- Status: introduced
- Introduced: 2026-05-07
- Sponsor: Rep. Hinson, Ashley [R-IA-2] (R-IA)
- Cosponsors: 2
- Policy area: Congress
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Prohibits House members and staff from participating in prediction-market trades tied to specific events.** It would block agreements, contracts, swaps, or transactions that pay out based on the occurrence, nonoccurrence, or extent of a specific event for commodities defined in section 1a of the Commodity Exchange Act, while carving out ordinary insurance when the insured has a lawful insurable interest. - Members, Delegates, and the Resident Commissioner would be barred from entering into or offering trades, contracts, swaps, or transactions that depend on a specific event for excluded commodities. - Officers and employees of the House would face the same restriction on participating in those prediction-market style agreements. - Insurance that protects someone who has a lawful insurable interest is explicitly exempted from the ban. - The House calls on the executive and judicial branches to adopt similar restrictions on participation in prediction markets.

## Cosponsors (2)

- Rep. Bergman, Jack [R-MI-1] (R-MI), 2026-05-12T00:00:00.000Z
- Rep. Mackenzie, Ryan [R-PA-7] (R-PA), 2026-06-18T00:00:00.000Z

## Provisions PRIA read

- House lawmakers barred from prediction markets: mixed, low. This resolution would change the House rules to block Members, Delegates, the Resident Commissioner, officers, and employees from entering into or offering event-based prediction-market contracts. It would ban any agreement, contract, swap, or transaction that provides for a purchase, sale, payment…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4669: FEMA Act of 2025
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-833: Educational Choice for Children Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act

## Sources
- [119-hres-1263 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-resolution/1263)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-833: Educational Choice for Children Act of 2025](https://policyrisk.com/legislation/119-hr-833)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hres-1263 (as of 2026-09-21).