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119th Congress · Senate bill · Last action Apr 30, 2026
BillsFinance and Financial SectorS. 4469Congress.gov ↗
S. 4469In CommitteeFinance and Financial Sector

Republicans propose legalizing prediction markets on political events

Sponsor: Sen. McCormick, David (R-PA)1 cosponsorIntroduced Apr 30, 2026
In plain English

A plain-English summary isn’t available for this bill yet.

Where it is in the process

Introduced
Apr 30
Senate committee
Apr 30
3
Senate floor
-
4
House
-
5
Signed
-
What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.

Community vote

How readers of ThePolitibase feel about this bill. Reader sentiment only — not a scientific poll, and not a measure of public opinion.

- support · - oppose · - total

Sponsor

Cosponsors (1)

KS
All Democratic.

Activity timeline

Apr 30
Apr 30
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 30
Apr 30
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
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Full action log

All 2 recorded actions since introduction · Source: Congress.gov
Apr 30
SENATERead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 30
Introduced in Senate

All 1 cosponsor

1 Democrat · 0 Republicans
Democrats (1)

In the news

Accountability Groups to Congress: Ban Insider Trading on Prediction Markets - Project On Government Oversight
Federal Prediction Market Bills Introduced in 2026: What They Would Do - Gambling Insider
19 Palm Beach County restaurants got perfect health inspection scores - The Palm Beach Post
Health Inspections: West Palm Beach eatery La Granja briefly closed - The Palm Beach Post
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