House Simple Resolution 1248
119th Congress(2025-2026)
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.
Introduced
Submitted in House on Apr 30, 2026
Bill Intelligence
The bill prohibits House Members, officers, and employees from engaging in prediction market trading involving excluded commodities, except for insurance with a lawful insurable interest or lawful sports wagering. It also calls for the executive and judicial branches to establish similar restrictions.
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Origin Chamber
House
Type
Simple Resolution
Simple Resolution
A form of legislative measure introduced and potentially acted upon by only one congressional chamber and used for the regulation of business only within the chamber of origin. Depending on the chamber of origin, they begin with a designation of either H.Res. or S.Res. Joint resolutions and concurrent resolutions are other types of resolutions.
Bill Number
1248
Congress
119
Policy Area
Congress
Congress
Primary focus of measure is Members of Congress; general congressional oversight; congressional agencies, committees, operations; legislative procedures; U.S. Capitol. Measures concerning oversight and investigation of specific matters may fall under the issue-specific relevant policy area.
No House votes have been held for this bill.
Summary
Unavailable
April 30, 2026
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04/30/2026
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.
04/30/2026
Submitted in House
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Public Record
Record Updated
May 16, 2026 8:07:45 AM