,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #icfg  ,,in ,,the ,,house ,,of  
,,representatives  ,june #ah1 #bjbf,mr4 
,steil 7for himself1 ,mrs4 ,miller of   
,illinois1 ,mr4 ,murphy1 ,mrs4 ,hinson1 
and ,mr4 ,griffith7 introduced the      
following bill2 which was referred to   
the ,committee on ,house ,administration
  ,a ,,bill  ,to amend chapter #aca of  
title #e1 ,united ,states ,code1 to     
restrict ,members of ,congress and their
 spouses and dependents from profiting  
off prediction markets1 and for other   
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,stop ,lawmakers    
,from ,predicting ,act4  #b4            
,restrictions on trading on prediction  
markets  7a7 ,restrictions ,chapter #aca
 of title #e1 ,united ,states ,code1 is 
amended by adding at the end the        
following new subchapter3  ,,iv         
,restrictions on trading on prediction  
markets  #acaea4 ,definitions ,in this  
subchapter3 7#a7 ,covered individual    
,the term covered individual means any  

of the following3 7,a7 ,a ,member of    
,congress as defined in section #acaja4 
7,b7 ,a dependent child as defined in   
such section #acaja or a spouse of a    
,member of ,congress4  7#b7 ,supervising
 ethics office ,the term supervising    
ethics office has the meaning given the 
term in section #acaja4  #acaeb4        
,trading on prediction markets  7a7     
,conduct during ,federal service ,no    
covered individual may enter into1 or   
offer to enter into an agreement1       
contract1 or transaction that provides  
for any purchase1 sale1 payment1 or     
delivery that is dependent on the       
occurrence1 nonoccurrence1 or the extent
 of the occurrence of-- 7#a7 a specific 
government policy2  7#b7 a government   
action2  7#c7 a political outcome2 or   
7#d7 any other event which has come to  
the attention of a covered individual as
 a result1 directly or indirectly1 of   
the service of a ,member of ,congress in
 the ,united ,states ,congress1         
regardless of any connection to the     

congressional duties of such ,member4   
7b7 ,interpretative guidance ,the       
supervising ethics office shall issue   
interpretive guidance on any relevant   
term not defined in this subchapter4    
#acaec4 ,enforcement  7a7 ,penalties    
,any covered individual who violates the
 restrictions in section #acaeb shall1  
at the direction of the supervising     
ethics office1 incur a fee1 as          
calculated in subsection 7b71 to be paid
 by the ,member of ,congress who-- 7#a7 
caused the violation2 or  7#b7 is the   
spouse or parent of a covered individual
 who caused the violation4  7b7         
,calculation of fees ,the fee required  
under subsection 7a7 shall be equal to  
the sum of-- 7#a7 #b1jjj or ten percent 
of the value of the agreement1 contract1
 or transaction which violates section  
#acaeb1 whichever is greater2 and  7#b7 
the net gain realized1 if any1 from the 
agreement1 contract1 or transaction     
which violates section #acaeb during the
 period beginning on the most recent    

date on which the individual became a   
covered individual and ending on the    
date of disposition of such agreement1  
contract1 or transaction1 as determined 
by the supervising ethics office4  7c7  
,payment restrictions ,a covered        
individual may not pay any of the       
penalties under this section from the   
following sources3 7#a7 ,the ,members'  
,representational ,allowance4  7#b7 ,the
 ,senators' ,official ,personnel and    
,office ,expense ,account4  7#c7 ,any   
contribution 7as defined in section     
#cja7h7 of the ,federal ,election       
,campaign ,act of #aiga 7#eb ,u4,s4,c4  
#cjaja7h777 accepted as a candidate1 and
 any other donation received as support 
for activities of the individual as a   
holder of ,federal office4  7d7         
,miscellaneous receipts ,any amounts    
collected in fees authorized by this    
section shall be deposited in the       
general fund of the ,treasury as        
miscellaneous receipts in accordance    
with section #ccjb7;b7 of title #ca1    

,united ,states ,code4  7e7 ,referral   
,the supervising ethics office has the  
authority to refer a former ,member of  
,congress to the ,department of ,justice
 and section #acajf shall be applied in 
the same manner and to the same extent  
as a violation under such section if    
such former ,member resigns or retires  
before paying the fee under this        
section4  7f7 ,interpretative guidance  
,each supervising ethics office may     
issue interpretative guidance on this   
subchapter and in issuing such guidance 
may consider mitigating or aggravating  
circumstances4  4  7b7 ,table of        
contents ,the table of contents for     
chapter #aca of title #e1 ,united       
,states ,code1 is amended by adding at  
the end the following3  ,subchapter     
,,iv--,restrictions on trading on       
prediction markets#acaea4               
,definitions4#acaeb4 ,trading on        
prediction markets4#acaec4 ,enforcement4
  4  7c7 ,effective date ,the amendments
 made by this ,act shall take effect on 

the date that is #ahj days after the    
date of the enactment of this ,act4