FISA Section 702 reauthorization (2 years) · Will legislation
FISA Section 702 reauthorization (2 years) is priced at 27¢ on Kalshi. Current book: 26¢ bid, 31¢ ask, 5¢ spread. This outcome ranks #6 of 16 inside Will legislation.
Price history
27¢ current
+24¢Contract brief
If legislation that reauthorizes FISA Title VII, including Section 702, for two years has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes.
Outcome
FISA Section 702 reauthorization (2 years)
Rank
#6 of 16
Leader
Housing for the 21st Century Act 76¢
Range
5¢-76¢
Family volume
$192
Identifier
KXBILLS-FISA
Jun 7, 2026, 5:38 PM UTC · 28m ago
Implied probability
Bid
26¢
Ask
31¢
Spread
5¢
24h volume
$1
Family rank
#6 of 16
16 outcomes · Will legislation
Closes
Jan 1, 2027
Family volume
$192
Orderbook snapshot
26 / 31¢
Contract terms
What resolves this market.
YES condition
If legislation that reauthorizes FISA Title VII, including Section 702, for two years has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes.
Venue
Kalshi
Closes
Jan 1, 2027
Identifier
KXBILLS-FISA
Event family
Will legislation.
The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.
Total volume
$192
Outcomes
16
Highest price
Housing for the 21st Century Act 76¢
Current share
1%
Housing for the 21st Century Act
kalshi · KXBILLS-HOUS
Railway safety bill
kalshi · KXBILLS-26MAY-RAIL
Electric vehicle Highway Trust Fund fee
kalshi · KXBILLS-EVFEE
DEFIANCE Act
kalshi · KXBILLS-DEFY
Export-control chip security
kalshi · KXBILLS-CHIP
FISA Section 702 reauthorization (2 years)
kalshi · KXBILLS-FISA
SELF DRIVE Act
kalshi · KXBILLS-DRIVE
AI-chip export licensing
kalshi · KXBILLS-AIO
Dignity Act
kalshi · KXBILLS-DIGNITY
E15 year-round sales
kalshi · KXBILLS-E15
Data center utility cost protection
kalshi · KXBILLS-DATA
Trump Airport
kalshi · KXBILLS-AIRP
Credit-card routing competition
kalshi · KXBILLS-CCR
$2.50 Coin
kalshi · KXBILLS-250C
White House ballroom funding
kalshi · KXBILLS-BALL
Trump's Birthday as a federal holiday
kalshi · KXBILLS-DJTB
Indicators
Yield, cliff risk, volatility, and regime.
Regime
neutral
Score
0.409
Observability
medium
Event type
political
Full indicator table
Odds pages
Related prediction questions
Will legislation that authorizes siting the Women’s History Museum within the National Mall Reserve become law before Jan 1, 2027
Will legislation that, upon becoming law, results in the Department of Homeland Security being funded at 12:01 AM ET the calendar day after enactment become law before May 15, 2026
Will legislation that reauthorizes FISA Section 702 authority become law before May 3, 2026
Related readings
Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.
Kalshi vs Polymarket: Which Prediction Market Should You Trade?
In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.
Kalshi vs Polymarket: A Developer's Comparison of APIs, Orderbooks, and Liquidity
Data-driven comparison of Kalshi and Polymarket APIs, orderbooks, rate limits, and liquidity. Code examples for building on both prediction markets.
Implied Yield vs Raw Probability: Why Bond-Adjacent Prediction Markets Need a Different Lens
Why fixed-income-adjacent prediction-market contracts need to be priced in implied yield, not raw probability, with two real Kalshi Fed-decision contracts as a case study.
Prediction Market Orderbook Analysis: Reading Depth, Spread, and Liquidity
How to read prediction market orderbooks. Binary settlement, spread-as-percentage, depth asymmetry, executable edge calculation, and cross-venue arbitrage analysis.
Liquidity Availability Is the Real Edge in Prediction Markets
Implied yield, cliff risk, and overround all describe what to trade. Liquidity Availability Score describes whether the orderbook can absorb the trade. Why LAS is the indicator that decides who actually books P&L.
Kalshi vs Polymarket: Mechanics, Fees, Regulation, Liquidity (2026)
Side-by-side comparison of Kalshi and Polymarket in 2026. Fee math, calibration data, withdrawal speed, and a decision tree for picking the right venue.
SimpleFunctions context
Index, screen, query, and monitor.
Prediction Market Index
Market-wide volatility, geo risk, breadth, and activity around this contract.
Market Screener
Filter adjacent contracts by volume, expiry, IY, CRI, venue, and theme.
Event Probability API
Read 27% as a structured event probability object for agents and apps.
Realtime Data API
Prices, orderbooks, movement, heat, and liquidity indicators across venues.
World State API
Compact market-aware context packets for agent sessions and scheduled refresh.
Hedging Workflows
Map a thesis or exposure to candidate event markets and monitoring paths.
How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.