Campaign Funds Integrity Act of 2026
Campaign Funds: Betting Prohibition
The Campaign Funds Integrity Act of 2026 is currently in the early stages of the legislative process. It was recently introduced and sent to the House Committee on House Administration for review. The bill is actively moving, but no further votes or hearings have been scheduled at this time.
Legislative Progress
This bill was introduced by a single member and has not yet gained the broad support needed to move through the committee process.
Key Points
- This bill stops politicians and political groups from using donated campaign money to bet on the outcome of elections or other political events.
- It targets prediction markets, which are platforms where people trade based on what they think will happen in the future, like who will win a race or if a law will pass.
- Candidates would still be allowed to put their money in safe places like bank accounts, mutual funds, or other low-risk investments.
- People who break this rule on purpose could face up to five years in prison and large fines.
- The goal is to make sure money donated for a campaign is used for its intended purpose rather than for financial gambling.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on House Administration.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Campaign Funds Integrity Act of 2026
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.