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DemocratAmendment · S.Amdt. 5193· Senate(119-SAMDT-5193)

S.Amdt. 5193

Rep. Merkley
Age: 70 years
Oregon
Introduced
4/22/2026
Sponsored by
Jeff Merkley
Cosponsors
None
Changes bill
119-SCONRES-33 — A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035.
  1. Introduced
  2. Pending Consideration

What this amendment would do

SA 5193, submitted by Mr. Merkley, aims to add a section to the budget resolution for fiscal year 2026.

The purpose of this amendment is to create a deficit-neutral reserve fund to protect the integrity of prediction markets.

It would allow the Chairman of the Senate Committee on the Budget to adjust budget allocations and the pay-as-you-go ledger for legislation that may do the following:

  • Prohibit event contracts that have no commercial hedging value.
  • Prohibit event contracts that reference war, military action, or elections in the United States or abroad.

This is provided that the legislation does not increase the deficit between fiscal years 2026 and 2035.