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Ohio House Bill 887 prohibits public officials and employees from using prediction markets

Original title: Prohibit public official, employee use of prediction markets

Last action · May 20, 2026: Referred to General GovernmentSponsors: Sean Brennan and 3 others

Introduced
Committee
Floor Vote
Passed
Law

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Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Would Do

Ohio House Bill 887 prohibits public officials and employees from maintaining accounts, trading s, or assisting others on s. Top state officials and regulatory employees are further barred from holding financial interests or receiving compensation from prediction market operators. Violations are classified as a carrying maximum fines of ten thousand dollars and investigation cost recovery.

Why it matters

State workers and elected officials face criminal penalties, loss of office, and severe monetary fines if they engage in speculative trading or maintain financial ties to platforms.

Background
  • Prediction markets have grown rapidly as platforms where users trade contracts based on the outcomes of political elections, economic indicators, and news events. context
  • Ohio public officials and employees are generally subject to state ethics laws overseen by the Ohio Ethics Commission or the Joint Legislative Ethics Committee. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Public officials and employees

Public officials and employees face new restrictions against maintaining prediction market accounts, trading event contracts, or assisting others, backed by misdemeanor penalties.

Directly affected

High-ranking state officers and regulatory employees

Officials such as the governor, legislators, and regulatory board members are barred from holding financial interests or receiving compensation from prediction market operators.

Directly affected

Appropriate ethics commissions

Ethics commissions gain authority to receive complaints, investigate violations, issue subpoenas, and report findings to prosecutors.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What actions are public employees prohibited from taking under HB 887?
Public officials and employees are banned from maintaining accounts, buying or selling s, helping others trade event contracts, or sharing confidential information to guide someone else's event contract trades.
Are high-ranking state officials subject to stricter rules?
Yes. The governor, lieutenant governor, legislators, supreme court justices, and employees of specific departments like commerce, insurance, and administrative services are prohibited from holding direct or indirect financial interests in operators or receiving compensation from them.
What are the penalties for violating the prediction market rules?
A violation is a , carrying a maximum fine of ten thousand dollars per violation, potential investigation costs, and standard misdemeanor penalties.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

2 actions
  1. May 20, 2026HouseCommittee
    Referred to General Government
  2. May 12, 2026HouseIntroduced
    Introduced

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Expansion of Ethics Code to Cover Prediction Markets

The bill amends Ohio ethics chapters to explicitly integrate event contract trading and prediction markets into existing conflict-of-interest frameworks.

Connected Entities

State racing commission, Ohio casino control commission, Ohio ethics commission and 6 more
OrganizationState racing commission“Regulatory agency whose members and employees face financial interest restrictio”Map →
OrganizationOhio casino control commission“Regulatory agency whose members and employees face financial interest restrictio”Map →
OrganizationOhio ethics commission“Ethics commission handling matters for all other persons”Map →
PersonLauren McNally“Co-sponsoring representative from District 58”Map →
OrganizationState lottery commission“Regulatory agency whose members and employees face financial interest restrictio”Map →
PersonEric Synenberg“Co-sponsoring representative from District 21”Map →
PersonErika White“Co-sponsoring representative from District 41”Map →
PersonSean Brennan“Representative from District 14 sponsoring HB 887”Map →
OrganizationJoint legislative ethics committee“Appropriate ethics commission for general assembly matters”Map →

Sources

Open source document

www.legislature.ohio.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz35
    Current news / social attention level

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