When will a budget reconciliation bill become law?
When will a budget reconciliation bill become law?
Before July 5, 2025
Yes
Before July 5, 2025
Yes
Before August 2025
Yes
Before August 2025
Yes
Before September 2025
Yes
Before September 2025
Yes
6 more
Market Rules
Before March 2025
If a budget reconciliation bill becomes law before Mar 1, 2025, then the market resolves to Yes. Outcome verified from Library of Congress.
If data from the Library of Congress is delayed due to the federal holiday, then the market will expire following data updating in accordance with Kalshi Rule 6.3b
Timeline and payout
Market openJan 11, 2025 ยท 10:00am EST
Market closedAfter the outcome occurs
Paid out30 minutes after closing
SeriesKXRECNCBILL
EventKXRECNCBILL-25
MarketKXRECNCBILL-25-MAR01
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About
Budget reconciliation bills are a unique legislative process in Congress that allows for expedited passage of certain budget-related measures. For a reconciliation bill to become law, it must pass both the House of Representatives and the Senate, often requiring only a simple majority in the Senate rather than the usual 60 votes to overcome a filibuster. These bills are typically used to address spending, revenue, and debt limit provisions. This market focuses on whether any reconciliation bill will successfully pass both chambers of Congress and be signed into law by the President before July 1, 2025.