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H.R. 8148

U.S. HouseIn House Committee

Summary

H.R. 8148, the Prediction Market RISK Act, was introduced in the House on Mar 27, 2026 by Rep. Seth Moulton (D). It was referred to Agriculture, and last saw action on Mar 27, 2026: Referred to the House Committee on Agriculture.


Record

Text

H.R. 8148 has no co-sponsors and has not gone to a roll call.

hb8148/introduced-in-house.txt
119 HR 8148 IH: Prediction Market Restrictions on Insider Speculation and Knowledge-Trading Act
U.S. House of Representatives
2026-03-27
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I 119th CONGRESS 2d Session H. R. 8148 IN THE HOUSE OF REPRESENTATIVES March 27, 2026 Mr. Moulton introduced the following bill; which was referred to the Committee on Agriculture A BILL
To reaffirm the Commodity Futures Trading Commission’s authority to enforce prohibited activity on prediction markets.
1.
Short title
This Act may be cited as the Prediction Market Restrictions on Insider Speculation and Knowledge-Trading Act or the Prediction Market RISK Act .
2.
Definition
The term prediction market contract means any financial instrument, contract, or derivative listed on or offered by a platform engaged in interstate commerce and tied to the occurrence or non-occurrence of a future event, including market-based event contracts.
3.
CFTC authority to enforce prohibited transactions occurring in relation to a prediction market contract
Section 4(c) and section 6(c) of the Commodity Exchange Act ( 7 U.S.C. 7a–2(c) ) apply to illegal trading practices occurring with relation to a prediction market contract.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-03-27
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To reaffirm the Commodity Futures Trading Commission's authority to enforce prohibited activity on prediction markets.

Sponsors

Rep. Seth Moulton (D) sponsors H.R. 8148 alone.

Committees

H.R. 8148 went before 1 committee: Agriculture.

Agriculture
Agriculture
Referred To · Mar 27, 2026 · 226 Bills

Actions

H.R. 8148 has taken 2 actions since Mar 27, 2026.

ChamberAction
Mar 27, 2026
House
Introduced in House
Mar 27, 2026
House
Referred to the House Committee on Agriculture.Agriculture Committee

Votes

H.R. 8148 has not gone to a roll call.

Titles

H.R. 8148 goes by 4 titles, 2 of them short titles.

  • Prediction Market RISK Act — Display Title
  • Prediction Market RISK Act — Short Title(s) as Introduced
  • Prediction Market Restrictions on Insider Speculation and Knowledge-Trading Act — Short Title(s) as Introduced
  • To reaffirm the Commodity Futures Trading Commission's authority to enforce prohibited activity on prediction markets. — Official Title as Introduced

Lobbying

2 clients hired 1 firm and 7 registered lobbyists who named H.R. 8148 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Gaming/Gambling/Casino, Indian/Native American Affairs, Budget/Appropriations, Immigration, Natural Resources.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
MILLE LACS BAND OF OJIBWE INDIANSMinnesota11$80K
ST REGIS MOHAWK TRIBENew York11$50K

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
HOLLAND & KNIGHT LLP22$130K

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
MILLE LACS BAND OF OJIBWE INDIANSHOLLAND & KNIGHT LLP2026 second_quarter$80K2nd Quarter - Report
ST REGIS MOHAWK TRIBEHOLLAND & KNIGHT LLP2026 second_quarter$50K2nd Quarter - Report

Classification

The Congressional Research Service files H.R. 8148 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 8148’s is Finance and Financial Sector.

hr8148/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 8148, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 58 (Friday, March 27, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MOULTON:H.R. 8148.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H2791]

Source: congress.gov · legiscan.com