CONGRESS FOR VOTERS

Bryan Steil (R-WI)

Stop Lawmakers From Predicting Act

H.R. 9367 · House bill Government Operations and Politics

A Republican bill with 8 Republican cosponsors · See all 8 cosponsors

Last activity — Ordered to be Reported (Amended) by the Yeas and Nays: 5 - 4.

Introduced, nothing more yet

Formally proposed, and not yet handed to a committee.

Nearly every bill is sent to a committee within days. Introduction alone is not a sign of support, of momentum, or of any likelihood of passing — any member may introduce any bill.

Its path through Congress

  1. Introduced

What this bill would do

The ``Stop Lawmakers From Predicting Act'' aims to amend title 5 of the United States Code to restrict trading on prediction markets. It prohibits Members of Congress, their spouses, and their dependent children from entering into transactions based on government policies, actions, or political outcomes. This restriction applies even if the event was learned through congressional service but is unrelated to specific duties. To ensure compliance, the bill establishes a system of penalties and fees for violations. These penalties are to be paid by the Member of Congress who caused the violation or the spouse/parent of the individual involved.

Yes

  • Scored +6

    Does this make what the government does easier for the public to see?

    The bill aims to prevent corruption by restricting Members of Congress from trading on non-public political outcomes.

  • Scored +3

    Does this give people more protection from unfair business practices?

    The bill increases transparency and prevents lawmakers from profiting from information asymmetries in prediction markets.

The opposite

  • Scored -2

    Would high-income households be better off under this?

    Members of Congress and their families face new financial penalties for prohibited trading activities.