Prediction Market Bills in Congress: 2026 Tracker
13 bills are currently pending that could expand, restrict, or fundamentally reshape the legal framework for prediction markets. Here's where each stands — and what markets say about the odds.
Last updated: April 17, 2026
All bill data requires verification against live congress.gov entries. Bill numbers marked TBD need official congress.gov numbers. Market tickers are null until Kalshi/Polymarket markets are matched and verified.
Bill Status Table
What This Legislation Would Actually Change
Three categories of bills, three different outcomes if passed.
Pro-Market Bills
These bills would explicitly legalize event contracts at the federal level — potentially ending the state-vs-CFTC litigation by clarifying that CFTC jurisdiction preempts state gaming law. If passed: Nevada, Massachusetts, Utah, and Illinois lawsuits likely become moot. Platforms would operate under a clear federal framework nationwide.
Restrictive Bills
These bills would ban or heavily restrict specific categories of event contracts — sports, elections, government actions, war, and assassination. If any passed: Platforms like Kalshi would need to remove targeted market categories and refund open positions in those categories. Political and economic contracts would generally remain unaffected.
Regulatory Bills
These bills add new oversight requirements — insider trading restrictions, mandatory disclosures, position limits — without explicitly legalizing or banning prediction markets broadly. Effect: increased compliance cost for platforms and restrictions on government officials; unlikely to change regular user access directly. Some have bipartisan support.
Open CFTC Comment Periods
No CFTC comment periods currently open for prediction market bill rulemakings.
When a related CFTC rulemaking opens a public comment period, we'll list it here with a direct link and the comment deadline. Visit CFTC.gov/comments ↗ to check directly.
Why Does This Matter to Prediction Market Traders?
Related
State-by-State Trading Status Map
Which platforms work in your state? 13+ states have active litigation.
CFTC vs. States: Who's Winning?
The federal preemption fight explained.
Regulatory Tracker
Full timeline of CFTC actions, court rulings, and state challenges.
Prediction Market Ban Bills: What Each Would Do
Analysis of the most restrictive bills and their likely practical impact.
Will Election Prediction Markets Be Banned?
Honest assessment of the odds — legal, legislative, and market-implied.