PREDICT Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, PREDICT Act, changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Labor, Finance.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HD8CBE71B19474F47969883F1FAF7AB20: 1. Short title This Act may be cited as the Preventing Real-time Exploitation and Deceptive Insider Congressional Trading Act or the PREDICT Act.
- Section H46E1B1EB35D946A2B6AF0AB6DCEE9DFD: 2. Restrictions on trading on prediction markets Chapter 131 of title 5, United States Code, is amended by adding at the end a new subchapter: IVRestrictions...
- Section HBB6E5EB3136045A9A0B4C9A0967F8DB6: 13151. Definitions In this subchapter: The term covered individual means any of the following: A Member of Congress as defined in section 13101 of this title....
- Section H2FCA12211A3A4FF999140A01B3421C44: 13152. Trading on prediction markets No covered individual may enter into, or offer to enter into an agreement, contract, or transaction that provides for any...
- Section H2A4B8DEC180040FBB941F4AAE176208E: 13153. Penalties Any covered individual who violates the restrictions in section 13152 of this title shall, at the direction of the supervising ethics office—...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, PREDICT Act, changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Labor, Finance
Primary Purpose
This bill, PREDICT Act, changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
Sponsors
Legislative Progress
In CommitteeReferred to the Committee on Oversight and Government Reform, and …
Introduced in House
Ms. Budzinski (for herself, Mr. Smith of Nebraska, and Mr. …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
Key Definitions
Terms defined in this bill
an individual— occupying a position described under sections 5312 through 5316 of this title (relating to the Executive Schedule)
an individual— occupying a position described under sections 5312 through 5316 of this title (relating to the Executive Schedule)
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology