S.Amdt. 6605

SA 6605. Mr. McCORMICK submitted an amendment intended to be proposed
by him to the bill S. 4784, to authorize appropriations for fiscal year
2027 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle G of title X, add the following:

SEC. 1___. SECRETARY OF DEFENSE CONSULTATION REGARDING
PREDICTION MARKETS.

(a) In General.--Not later than 180 days after the date of
enactment of this Act, the Secretary of Defense shall consult
with the Commodity Futures Trading Commission regarding the
proposed rule of the Commission entitled ``Prediction
Markets; Public Interest Determinations'' (91 Fed. Reg. 35806
(June 12, 2026)), or a subsequent final rulemaking, in
relation to the following factors:
(1) The factors to define war, terrorism, and
assassination.
(2) The factors in determining whether event contracts
involve war, terrorism, or assassination.
(3) The factors that raise public interest concerns.
(b) Report.--Not later than 270 days after the date of
enactment of this Act, the Secretary of Defense shall, in
coordination with the Commodity Futures Trading Commission,
submit to the Committee on Agriculture, Nutrition, and
Forestry of the Senate, the Committee on Agriculture of the
House of Representatives, and Committees on Armed Services of
the Senate and the House of Representatives a report on the
consultation under subsection (a).
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