S4188-119

In Committee

Public Integrity in Financial Prediction Markets Act of 2026

119th Congress Introduced Mar 25, 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, Public Integrity in Financial Prediction Markets Act of 2026, changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Labor.

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 ida20a14df8afa4bd7b80f903c839b9ff7: 1. Short title This Act may be cited as the Public Integrity in Financial Prediction Markets Act of 2026.
  • Section id295a0fcb48ef42c6b61afaa9454e324f: 2. Prohibition on covered transactions involving prediction market contracts Chapter 131 of title 5, United States Code, is amended by adding at the end the...
  • Section ida155281d49204758a5c37a51fc77c209: 13151. Definitions In this subchapter: The term covered individual means— the President; the Vice President; a Member of Congress; a House of Representatives...
  • Section id6ee95620ad4c48cc9c888faadcb8d30c: 13152. Prohibition No covered individual may use material nonpublic information derived from the position of the covered individual as President, Vice...
  • Section id5dbcf9c7cc21442fb10cac57f62fe30f: 13153. Penalties Notwithstanding any other provision of law, including any regulation, a covered individual who violates section 13152 shall be assessed a fine...

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, Public Integrity in Financial Prediction Markets Act of 2026, changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Finance, Labor

Primary Purpose

This bill, Public Integrity in Financial Prediction Markets Act of 2026, changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Finance Labor

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal agencies and legislative administrators: ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,

Legislative Progress

In Committee
Introduced Committee Passed
Mar 25, 2026

Read twice and referred to the Committee on Homeland Security …

Mar 25, 2026

Introduced in Senate

Mar 25, 2026

Ms. Slotkin (for herself, Mr. Young, Mr. Schiff, 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?

Domains
Government Operations Finance Labor
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section
"the_commission"
→ The commission identified in the operative section

Key Definitions

Terms defined in this bill

2 terms
"prediction market contract" §id295a0fcb48ef42c6b61afaa9454e324f

any financial instrument, contract, or derivative— listed on or offered by a platform, regardless of whether the platform is domiciled in the United States

"prediction market contract" §ida155281d49204758a5c37a51fc77c209

any financial instrument, contract, or derivative— listed on or offered by a platform, regardless of whether the platform is domiciled in the United States

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