(2) by inserting after clause 21 the following:

“22.(a)

“No Member, Delegate, Resident Commissioner, officer, or employee of the House may enter into, or offer to enter into, an agreement, contract, swap, or transaction that provides for any purchase, sale, payment, or delivery of an excluded commodity, as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), that is dependent on the occurrence, nonoccurrence, or the extent of the occurrence of a specific event or contingency.

1. “(b) Nothing in this clause shall be construed to apply to insurance for which the insured holds a lawful insurable interest or the making of a lawful sports wager.
2. “(c) In this clause, the term ‘sports wager’ means the staking or risking by any person of something of value upon the outcome of a sporting event, including the outcome of any portion or aspect thereof, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome.”.

(2) by inserting after clause 21 the following:

“22.(a)

“No Member, Delegate, Resident Commissioner, officer, or employee of the House may enter into, or offer to enter into, an agreement, contract, swap, or transaction that provides for any purchase, sale, payment, or delivery of an excluded commodity, as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), that is dependent on the occurrence, nonoccurrence, or the extent of the occurrence of a specific event or contingency.

1. “(b) Nothing in this clause shall be construed to apply to insurance for which the insured holds a lawful insurable interest or the making of a lawful sports wager.
2. “(c) In this clause, the term ‘sports wager’ means the staking or risking by any person of something of value upon the outcome of a sporting event, including the outcome of any portion or aspect thereof, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome.”.