S4160-119

In Committee

Prediction Markets Are Gambling Act

119th Congress Introduced Mar 23, 2026

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, Prediction Markets Are Gambling Act, changes federal law or congressional policy affecting transportation operators and travelers. The main policy domain is Transportation.

Who Benefits and How

transportation operators and travelers 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, transportation operators and travelers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section id50cf7b521c4b4006be9b9b6cce72fd64: 1. Short title This Act may be cited as the Prediction Markets Are Gambling Act.
  • Section idea5d380d16344b32805d387750250c6b: 2. Prohibition on certain event contracts involving sports and casino-style games Section 5c(c) of the Commodity Exchange Act (7 U.S.C. 7a–2(c)) is amended by...

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, Prediction Markets Are Gambling Act, changes federal law or congressional policy affecting transportation operators and travelers.

Key Policy Areas

Transportation

Primary Purpose

This bill, Prediction Markets Are Gambling Act, changes federal law or congressional policy affecting transportation operators and travelers.

Policy Domains

Transportation

Whole bill

Identified Gains
  • transportation operators and travelers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
transportation operators and travelers:
Identified Costs
  • federal implementing agencies
  • transportation operators and travelers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
transportation operators and travelers:

Legislative Progress

In Committee
Introduced Committee Passed
Mar 23, 2026

Read twice and referred to the Committee on Agriculture, Nutrition, …

Mar 23, 2026

Introduced in Senate

Mar 23, 2026

Mr. Schiff (for himself, Mr. Curtis, and Ms. Cortez Masto) …

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?

Domains
Transportation
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

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