CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 5442· Senate(119-SAMDT-5442)

To improve the bill.

Rep. Padilla
Age: 53 years
California
Introduced
4/30/2026
Last activity
4/30/2026 — Notwithstanding passage of S.Res. 708 and the adoption of amendment SA 5442 to S.Res. 708, the amendment SA 5442 is modified with the technical correction at the desk and is agreed to, as modified, by Unanimous Consent.
Sponsored by
Alex Padilla
Cosponsors
None
Changes bill
119-SRES-708 — A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.
  1. Introduced
  2. Passed Senate
  3. Adopted

What this amendment would do

The purpose of this amendment is to improve the bill. It aims to change the following:

  • It expands the prohibition from just "Member" to include "Member, officer, or employee".

  • It adds "swap" after "contract".

  • It adds a reference to an "excluded commodity, as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a)" after "delivery".

  • It adds "or contingency" after "event" and specifies that it does not apply to insurance where the insured has a lawful insurable interest.

  • It adds a section stating it is the sense of the Senate that the judicial branch, executive branch, and House of Representatives should set up similar restrictions regarding participation in prediction markets.