S.Amdt. 5193

SA 5193. Mr. MERKLEY submitted an amendment intended to be proposed
by him to the concurrent resolution S. Con. Res. 33, 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; which was ordered to lie on the table; as
follows:

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO EVENT
CONTRACTS THAT REFERENCE ELECTIONS, WAR, AND
MILITARY ACTION IN THE UNITED STATES AND
ABROAD.

The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
protecting the integrity of prediction markets, which may
include prohibiting event contracts with no commercial
hedging value (as defined in the regulations of the Commodity
Futures Trading Commission) or prohibiting event contracts
that reference elections, war, or military action in the
United States or abroad, by the amounts provided in such
legislation for those purposes, provided that such
legislation would not increase the deficit over the period of
the total of fiscal years 2026 through 2035.
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