Short Answer

Both the model and the market expect proof of citizenship to be required for federal voter registration before Jan 1, 2027, with no compelling evidence of mispricing.

1. Market Behavior & Drivers

This prediction market has demonstrated a stable, sideways trading pattern, with prices confined to a very narrow range between 1.0% and 2.0%. This indicates a consistent and strong market consensus that the proposition is highly unlikely to resolve as "YES". The most significant market activity occurred in early June, when the price doubled from its floor of 1.0% to its current level of 2.0%. This price adjustment happened around the same time that a legislative effort for proof of citizenship, the SAVE Act, is reported to have failed in the Senate. The concurrent spike in trading volume suggests this news prompted a brief period of recalibration, after which the market settled at the new, slightly higher probability.
The volume patterns reinforce this interpretation. A large portion of the total volume was traded during the price move in early June, showing that the legislative news created a moment of high conviction and price discovery. Since then, trading volume has diminished, suggesting the market has reached a stable consensus. The 1.0% price level has acted as a firm support, while the 2.0% level has served as a ceiling that the price has not surpassed. Overall, the price action reflects a deeply skeptical market sentiment, which, even after accounting for recent legislative events, continues to view the requirement for proof of citizenship in federal voter registration as a very low-probability outcome.
  • The SAVE Act failed to pass the U.S. Senate in June 2026. Further advancement is considered unlikely before the 2026 midterm elections. Significant legislative deadlock remains in the U.S. Senate. A shift in Senate composition appears necessary for future progress. * Advocates cite non-citizen voter registration data to justify the federal law.

Who Wins and Why

Outcome Market Model Why
Before Jan 1, 2027 14.0% 10.8% The SAVE Act failed to pass in June 2026, unlikely to advance before 2026 midterm elections.

Current Context

A legislative effort for proof of citizenship failed in the Senate. The Safeguard American Voter Eligibility (SAVE) Act, which sought to require documentary proof of citizenship for federal voter registration, failed to pass in the U.S. Senate in June 2026 [1][2][3][4]. The bill did not secure the necessary 60 votes to overcome a filibuster, leading to its rejection [1][2][3][4]. Republican leadership has since acknowledged that the legislative path for the SAVE Act is currently stalled and is unlikely to advance further before the 2026 midterm elections without a shift in the Senate's composition [2][5].
The administration is pursuing voter citizenship verification via executive order. Despite the legislative setback, the Trump administration is implementing voter citizenship verification through Executive Order 14399, signed on March 31, 2026 [6][7][8][9]. This executive order directs the Department of Homeland Security to facilitate citizenship verification on state voter rolls by utilizing federal databases [6][7][8]. The administration's framework for this citizenship verification is scheduled to be operational by June 30, 2026, allowing state election officials to submit their voter rolls for verification against federal citizenship data [6][7][8]. This executive effort, however, remains subject to active legal challenges [6][7][8][9].
Sources (9)
  1. 1SAVE America Act fails in the Senate as GOP defections doom Trump's voting restrictions | Arizona Mirrorazmirror.com
  2. 2Trump's SAVE Act Plan for Midterms Is Slipping Away - Newsweeknewsweek.com
  3. 3US Senate blocks Trump’s SAVE America Act, thwarting restrictions on voting - Wausau Pilot & Reviewwausaupilotandreview.com
  4. 4Trump’s SAVE America Act restricting voting nixed by Senate; Murkowski among four Republicans opposedjuneauindependent.com
  5. 5Republicans' sweeping election overhaul fails in the Senate | WMOTwmot.org
  6. 6NOTICE Plaintiffs respectfully notify the Court that on June 5, 2026, in DSCC v. Trump, No. 26-cv-01114-CJN (D.D.C.), the United States Citizenship and Immigration Services (“USCIS”) and the other federal defendants filed the attached Notice, Ex. A (the “Implementation Notice”), describing steps the Department of Homeland Security (“DHS”) is taking “regarding implementation of” Executive Order 14399, Ensuring Citizenship Verification and Integrity in Federal Elections, 91 Fed. Reg. 17125 (the “Second Elections EO”), “including the creation of State Citizenship Lists as contemplated in § 2 of” the Second Elections EO. Ex. A. The Implementation Notice describes two ways in which DHS is implementing the Second Elections EO. See id. First, DHS and USCIS are adopting a “two-part course of action.” Id. “The first part is implementation of a SAVE-based State Voter Roll Verification, whereby state election officials can submit their entire voter roll records to the USCIS Systematic Alien Verification for Entitlements program (SAVE) system for verification.” Id. (emphasis added). “The second part is implementation of a registry whereby state election officials would securely access citizenship-related data from USCIS, Social Security Administration, and the Department ofstorage.courtlistener.com
  7. 7Trump admin approves plan to check voters' citizenship using federal databases - Democracy Docketdemocracydocket.com
  8. 8Trump 2026 Voter Citizenship Verification Plan Approvedvisaverge.com
  9. 9Judge declines to block Trump executive order on voter eligibility lists, mail-in voting limits | Just The Newsjustthenews.com

2. Price Chart

Historical Price (Probability)

Outcome probability
Date

3. Market Data

Contract Snapshot

This market resolves to "Yes" if legislation requiring proof of U.S. citizenship for federal voter registration becomes law (signed by the President or via veto override) before January 1, 2027. Otherwise, it resolves to "No," which includes presidential pocket vetoes.

Legislation must pass the full chamber of Congress, and the outcome will be verified by the Library of Congress. The market closes early if the event occurs, or by January 1, 2027, at 10:00 AM EST, with payouts within 30 minutes of closing.

Available Contracts

Market options and current pricing

Outcome bucket Yes (price) No (price) Last trade probability
Before Jan 1, 2027 $0.14 $0.87 14%

Market Discussion

The market largely predicts that federal proof of citizenship will not be required for voter registration by January 1, 2027, with "Yes" outcomes priced at a maximum of 14%. Traders betting "No" emphasize these low odds and attribute "Yes" positions to political optimism. Conversely, those betting "Yes" primarily express a strong desire for the legislation to pass, rather than providing concrete arguments for its legislative viability.

4. Trust Index

Octagon Trust Index Kalshi 69 Caution

Primary risk· Trade quality

How it adds up
Integrity80% of score83Good
Trade quality20% of score15Avoid
Trust score69Caution

Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index

Trust profile
Integrity4 screens run · 6 don't apply

5. What procedural path must a proof-of-citizenship bill navigate in the Senate following the 2026 midterm elections to overcome a potential filibuster?

Cloture Vote Requirement60 votes (three-fifths of all Senators) [1][2][3][4]
Cloture Petition SignaturesAt least 16 Senators [1][5]
Budget Reconciliation Vote RequirementSimple majority [6]
The cloture process is essential to overcome a Senate filibuster. To defeat a potential filibuster on a proof-of-citizenship bill, the Senate typically invokes the cloture process under Rule XXII, which mandates an affirmative vote from three-fifths of all duly chosen and sworn Senators, generally requiring 60 votes [1][2][3][4]. This procedure begins with filing a petition signed by at least 16 Senators, which then lies over until the second day of session before a formal vote to end debate can occur [1][5]. Since a filibuster can apply both to the motion to proceed with consideration and to the bill itself, invoking cloture may be necessary twice to ensure final passage of the legislation [1][7].
Budget reconciliation provides an alternative for specific legislation with a simple majority. As an alternative procedural path, the budget reconciliation process allows certain types of legislation related to tax, spending, and debt limits to be passed with a simple majority vote, thereby bypassing the 60-vote filibuster threshold [6][8]. This process is strictly contingent upon adherence to specific rules, such as the Byrd rule [6][8].
Sources (8)
  1. 1Filibusters and Cloture in the Senate | Congress.govcongress.gov
  2. 2About Filibusters and Cloture - Senate.govsenate.gov
  3. 3cloture | Wex | US Law | LII / Legal Information Institutelaw.cornell.edu
  4. 4Cloture - Ballotpediaballotpedia.org
  5. 5Invoking Cloture in the Senate - Congress.govcongress.gov
  6. 6Budget Reconciliation, Simplifiedbipartisanpolicy.org
  7. 7Introduction to the Legislative Process in the U.S. Congress | Congress.gov | Library of Congresscongress.gov
  8. 8https://www.congress.gov/crs_external_products/R/PDF/R48444/R48444.1.pdfcongress.gov

6. What are the current stated positions of key moderate Republican senators, such as Lisa Murkowski and Susan Collins, on federal proof-of-citizenship requirements after the June 2026 SAVE Act vote?

SAVE Act Amendment OutcomeRejected by U.S. Senate in early June 2026 [1][2][3][4][5]
Senator Murkowski's PositionOpposed SAVE Act as drafted due to concerns over disenfranchisement of rural Alaskan residents [6]
Senator Collins' PositionSupported substance of SAVE Act; voted against amendment for procedural reasons; later supported similar amendment [7][6][8]
The U.S. Senate rejected the SAVE America Act in June 2026. This occurred when an amendment to attach the act to a federal immigration-focused spending bill failed to pass [1][2][3][4][5]. Notably, Senators Lisa Murkowski and Susan Collins were among four Republican members who voted against this amendment, thereby blocking its passage in that specific form [1][2][3][4][7].
Senator Lisa Murkowski opposed the SAVE Act due to logistical concerns. She explicitly stated her opposition to the act as drafted, citing fears that its documentation requirements would disenfranchise residents in rural areas of Alaska, especially those living off the road system [6]. Her rationale focused on the practical implementation challenges and potential negative impact on her constituents.
Senator Susan Collins' vote was based on procedural, not substantive, issues. Her vote against the specific amendment was driven by procedural concerns, rather than substantive opposition to the SAVE Act's core mandate, as she expressed support for the bill's substance [7][6]. Collins subsequently voted in favor of a different, more narrowly tailored amendment introduced by Senator Mike Lee, which included similar voter registration requirements [7][6][8].
Sources (8)
  1. 1Four Senate Republicans again vote to kill Trump's SAVE Act voter ID bill | Fox Newsfoxnews.com
  2. 2SAVE America Act fails in the Senate as GOP defections doom Trump's voting restrictions | Arizona Mirrorazmirror.com
  3. 3Four GOP Senators Join Dems to Stop SAVE Actlegalinsurrection.com
  4. 4Trump’s SAVE America Act restricting voting nixed by Senate; Murkowski among four Republicans opposedjuneauindependent.com
  5. 5US Senate blocks Trump’s SAVE America Act, thwarting restrictions on voting - Cobb Couriercobbcountycourier.com
  6. 64 GOP Senators Block Voter ID Amendment, Hawley Respondsheritagereview.com
  7. 7Sen. Susan Collins One of Four Republicans to Vote Against Including SAVE Act in ICE Funding Bill - The Maine Wirethemainewire.com
  8. 8Republicans Say Voter ID Debate Is Done: What's Next?dailysignal.com

7. How do the requirements of the proposed federal SAVE Act compare to the established proof-of-citizenship laws in states like Arizona for the 2026 election cycle?

Proposed LegislationSAVE Act (H.R. 22/S. 128) [1][2][3][4]
Key RequirementDocumentary proof of U.S. citizenship for all federal voter registrations [1][2][3][4]
Impact on ArizonaWould eliminate dual-registration for federal elections by requiring documentary proof [2][4]
The proposed federal Safeguard American Voter Eligibility (SAVE) Act (H.R. 22/S. 128) aims to establish a consistent federal standard by requiring documentary proof of U.S. citizenship for all federal voter registrations [1][2][3][4]. This legislation would amend the National Voter Registration Act of 1993, necessitating that states move away from attestation-based federal registration. Instead, it would demand specific forms of proof, such as a U.S. passport, a Real ID indicating citizenship, or a birth certificate. Additionally, the Act would require states to implement verification programs to remove noncitizens from voter rolls [3][4].
This federal mandate would substantially impact Arizona's current dual-registration system, which operates differently from the proposed uniform standard [1][2][3][4]. Under Arizona's existing framework, voters providing documentary proof of citizenship are eligible to vote in all elections. In contrast, those who register using the federal form, based solely on a sworn attestation of citizenship, are permitted to vote only in federal elections [1][2][5][6]. The SAVE Act would eliminate this distinction for federal elections, thereby aligning federal requirements with the stricter documentary proof mandates Arizona already enforces for its state and local elections [2][4].
Sources (6)
  1. 1Safeguard American Voter Eligibility Act (SAVE Act, H.R. 22/S. 128) and Federal Voter Registration Policy and Lawcongress.gov
  2. 2The SAVE Act and Arizona Elections: What Would Change? – Arizona State Law Journalarizonastatelawjournal.org
  3. 3What is the Trump-backed SAVE America Act requiring voter ID, proof of citizenship to register? - ABC Newsabcnews.com
  4. 4H.R.22 - 119th Congress (2025-2026): SAVE Actcongress.gov
  5. 5VR Procedures | Arizona Secretary of Stateazsos.gov
  6. 6Registration Requirements - Voters - Arizona Secretary of Stateazsos.gov

8. What datasets from sources like the Public Interest Legal Foundation or the Department of Homeland Security are being used to justify the necessity of a federal proof-of-citizenship law?

Basis for concerns over non-citizen registrationData from state-level voter roll purges and records of individuals flagged for foreign nationality [1][2]
Advocated legislative proposalSafeguard American Voter Eligibility Act (SAVE Act) [1][2][3][2][4]
Proposed citizenship verification systemsDepartment of Homeland Security's SAVE program and Person Centric Query System (PCQS) [5][6][7][2]
Advocates cite non-citizen voter registration data to justify federal proof-of-citizenship. Proponents of a federal proof-of-citizenship law, including those supporting legislative proposals like the Safeguard American Voter Eligibility Act (SAVE Act), argue for such measures by highlighting concerns over non-citizen voter registration [1][2][3][2][4]. Organizations such as the Public Interest Legal Foundation (PILF) specifically cite data from state-level voter roll purges and records identifying individuals flagged for foreign nationality as evidence supporting these concerns [1][2].
Proponents advocate using federal systems, including DHS databases, for voter verification. They suggest that existing federal systems should be more extensively utilized by states for verifying the citizenship status of registered voters [5][6][7][2]. Specifically, they emphasize Department of Homeland Security (DHS) programs, such as the Systematic Alien Verification for Entitlements (SAVE) program, and databases like the Person Centric Query System (PCQS), as valuable resources that could be more widely implemented for this purpose [5][6][7][2].
Sources (7)
  1. 1Arizona: Majority of Registrants Cancelled Due to Foreign Nationality inpublicinterestlegal.org
  2. 22026 02 24 if12902 a5837f9d704a90ff842f8da1e6fc6cc0ec386557.htmleverycrsreport.com
  3. 3Safeguard American Voter Eligibility Act (SAVE Act, H.R. 22/S. 128) and Federal Voter Registration Policy and Lawcongress.gov
  4. 4Text - H.R.22 - 119th Congress (2025-2026): SAVE Act | Congress.gov | Library of Congresscongress.gov
  5. 5June 24, 2024 The Honorable Nancy Dahlstrom Office of the Lt. Governor P.O. Box 110015 Juneau, AK 99811 Dear Lieutenant Governor Dahlstrom: I write to advise you about two critical tools that Congress has provided to verify the citizenship status of individuals registered to vote in your State: 8 U.S.C. § 1373 and 8 U.S.C. § 1644. These tools, codified in federal law for decades, allow you to submit requests for information to the Department of Homeland Security (DHS) about an individual’s citizenship or immigration status for any lawful purpose. This includes an inquiry where you have reason to believe that a given individual who is registered to vote might not be a United States citizen. Unlike the Systematic Alien Verification for Entitlements (SAVE) Program, which requires the use of some DHS identifier to perform a search—like an Alien Registration Number or other DHS receipt number—sections 1373 and 1644 requests require DHS to search for specific individuals using any available information such as a name and date of birth. Based on the information you receive in response, you can take further steps consistent with applicable law to ensure that only U.S. citizens remain on your voter rolls. Congress has imposed upon DHS a mandatory obligation to respond to lawful inquiries about an individual’s citizenship or immigration status. Should DHS refuse or fail to provide this information, you can initiate legal action to obtain it. Given the unprecedented levels of illegal immigration since January 20, 2021, the need for action could not be greater, and the stakes could not be higher. If you act now, there is likely still time to conduct legally sound voter list maintenance and remove ineligible foreign nationals from your State’s voter rolls before the fall elections.media.aflegal.org
  6. 6America First Legal Sends All 50 States a Plan on How to Use Federal Law to Prevent Foreign Nationals from Voting - America First Legalaflegal.org
  7. 7America First Legal Sends All 50 States a Plan for How to Use Existing Federal Law to Prevent Foreign Nationals from Illegally Voting in American Elections - America First Legalaflegal.org

9. What are the primary legal arguments being leveraged in ongoing court challenges to Executive Order 14399, and how could they shape the text of a future bill before January 2027?

Executive Order Number14399 [1][2][3]
Order Issuance DateMarch 31, 2026 [1][2][3]
Current Legal StatusPreliminary injunctions declined; challenges not 'ripe' [1][2]
Executive Order 14399 mandates federal compilation of state voter eligibility lists. This order, issued on March 31, 2026, directs the Department of Homeland Security to create "State Citizenship Lists" using federal databases [1][2][3]. The purpose of these lists is to be transmitted to state election officials to aid in verifying voter eligibility [1][2][3].
Legal challenges to the order assert presidential overreach and state infringement. The primary arguments against Executive Order 14399 contend that it exceeds presidential authority, infringes upon states' constitutional roles in election administration, and lacks statutory authorization under the major questions doctrine [4][5][1][3]. Additionally, specific claims assert that the USPS lacks authority under 39 U.S.C. § 401 to participate in administering voter lists [4][5][1][3]. As of June 2026, federal courts have declined to issue preliminary injunctions against the order, ruling that the challenges are not yet "ripe" because the order's most consequential provisions remain unimplemented and plaintiffs cannot yet demonstrate concrete injury [1][2].
Ongoing litigation could influence future federal election legislation. The continuing legal challenges, alongside concerns regarding the accuracy of federal databases and the potential disenfranchisement of eligible voters, may shape the text of future federal election bills before January 2027 [1][3]. This situation could potentially compel Congress to either codify or explicitly preempt the executive branch's authority to establish uniform national voter eligibility verification standards [1][3].
Sources (5)
  1. 1Judge declines to block Trump executive order on voter eligibility lists, mail-in voting limits | Just The Newsjustthenews.com
  2. 2Judge Allows Trump Voter Eligibility Order to Standheritagereview.com
  3. 3State of California v. Trump 1:26-cv-11581 (D. Mass.) | Civil Rights Litigation Clearinghouseclearinghouse.net
  4. 4) ) ) Plaintiffs, ) ) v. ) No. 26-cv-11549-IT ) DONALD J. TRUMP, et al., ) ) Defendants. ) ) ) STATE OF CALIFORNIA, et al., ) ) Plaintiffs, ) ) v. ) No. 26-cv-11581-IT ) DONALD J. TRUMP, et al., ) ) Defendants. ) OF THE SOCIETY FOR THE RULE OF LAW IN SUPPORT OF PLAINTIFFS’ MOTIONS FOR PRELIMINARY INJUNCTION AND SUMMARY JUDGMENT Inga S. Bernstein Zalkind Duncan + Bernstein 2 Oliver St #200 Boston, MA 02109 (617) 742-6020 ibernstein@zalkindlaw.com Richard D. Bernstein<em> 1875 K Street NW, Suite 100 Washington, DC 20006 (301) 775-2064assets.aclu.org
  5. 5Amicus Brief in Support of a Preliminary Injunction Against Executive Order 14399 - Society for the Rule of Lawsocietyfortheruleoflaw.org

10. What Could Change the Odds

Key Catalysts

Legislation requiring proof of U.S. citizenship for federal voter registration, primarily the SAVE America Act, has not become law as of June 14, 2026, and faces significant legislative deadlock in the U.S. Senate [1][2]. The U.S. Senate rejected an amendment containing the SAVE America Act on June 4, 2026, with a vote of 48-50, amid resistance from some Republican senators and unified Democratic opposition [1][2]. The proposed SAVE America Act (H.R. 22) would amend the National Voter Registration Act of 1993 to require documentary proof of U.S. citizenship, such as a passport, birth certificate, or REAL ID-compliant ID, for federal voter registration [3][4][5].
Prediction markets currently estimate a low probability (approximately 13-15% as of mid-June 2026) that such legislation will become law before January 1, 2027 [2][6][7]. Senate leadership has suggested that passage is unlikely without a change in the chamber's composition following the 2026 midterm elections [2]. The outcome of the 2026 midterm elections therefore represents a key catalyst for any future shift in the probability of this legislation's enactment.

Key Dates & Catalysts

  • Expiration: May 01, 2026
  • Closes: January 01, 2027
Sources (7)
  1. 1SAVE America Act fails in the Senate as GOP defections doom Trump's voting restrictions | Arizona Mirrorazmirror.com
  2. 2Trump's SAVE Act Plan for Midterms Is Slipping Away - Newsweeknewsweek.com
  3. 3Safeguard American Voter Eligibility Act (SAVE Act, H.R. 22) and Federal Voter Registration Policy and Laweverycrsreport.com
  4. 4Text - H.R.22 - 119th Congress (2025-2026): SAVE Actcongress.gov
  5. 5The SAVE America Act - The White Housewhitehouse.gov
  6. 6Proof of Citizenship Voter Law 2026 Odds | Kalshi & Polymarketpredictmarketcap.com
  7. 7Will legislation that requires proof of U.S. citizenship as a condition of registering to vote in federal elections become law before Jan 1, 2027? Odds: 15% | Kalshi | Jan 1, 2027simplefunctions.dev

12. Historical Resolutions

Historical Resolutions: 2 markets in this series

Outcomes: 0 resolved YES, 2 resolved NO

Recent resolutions:

  • KXELECTIONBILL-26APR-JUN01: NO (Jun 01, 2026)
  • KXELECTIONBILL-26MAY01: NO (May 01, 2026)