This event has ended. Showing historical data.

$2.99K
1
1

1 market tracked
No data available
| Market | Platform | Price |
|---|---|---|
Will permanent daylight savings become law before Jan 1, 2027? | Kalshi | 10% |
Trader mode: Actionable analysis for identifying opportunities and edge
Before Jan 1, 2027 If legislation establishing permanent Daylight Saving Time has become law before Jan 1, 2027, then the market resolves to Yes. The bill must pass the full chamber (not just committee) for House or Senate passage. For "become law" markets, the bill must be signed by the President or become law through veto override. Presidential pocket vetoes that expire resolve to No. Joint resolutions are treated as bills. Treaties require two-thirds Senate approval for passage. The market r
Prediction markets currently give about a 10% chance that the United States will adopt permanent Daylight Saving Time by the start of 2027. In simpler terms, traders see roughly a 1 in 10 chance of this law passing. This shows a very low level of confidence that the current system of changing clocks twice a year will end soon, despite public discussion about it.
The low probability stems from a few clear obstacles. First, while the Senate unanimously passed the Sunshine Protection Act in 2022 to make Daylight Saving Time permanent, the bill stalled in the House of Representatives and never received a vote. This revealed a significant gap between symbolic support and actual lawmaking.
Second, there is no strong consensus on which time to lock in. The debate isn't just about stopping clock changes, but about choosing between permanent Standard Time or permanent Daylight Saving Time. Sleep experts and some states favor permanent Standard Time for better alignment with natural sunlight, especially in winter. This disagreement creates a political deadlock.
Finally, making a national change is a low legislative priority compared to issues like government funding or national security. Without a coordinated push from leadership or a clear public mandate, the issue tends to fade until the bi-annual clock change prompts another short-lived news cycle.
The main event to watch is the start of each new session of Congress. Any reintroduction of the Sunshine Protection Act or a similar bill would be the first signal of renewed effort. Committee hearings in the House Energy and Commerce Committee would be a concrete step forward.
Outside of Congress, state-level actions could apply pressure. Federal law currently allows states to adopt permanent Standard Time without approval, but they need Congress to act for permanent Daylight Saving Time. If more states like Arizona and Hawaii, which already stay on Standard Time, or if a large state like California were to formally petition Congress, it could reignite the national debate.
Prediction markets are generally reliable at gauging the likelihood of legislative action, especially when a bill has clear momentum or opposition. Their track record on long-shot bills that are popular in concept but stuck in process is decent. The 10% chance likely captures the real scenario: the idea has supporters, but the path to a presidential signature is blocked by political inertia and substantive disagreement. The main limitation is that a single determined lawmaker could suddenly attach the measure to a must-pass bill, which is a rare but possible event not fully priced into a slow-moving market.
Prediction markets assign a low 10% probability that permanent Daylight Saving Time (DST) will become law before January 1, 2027. This price, trading on Kalshi, indicates the market views legislative success as unlikely in the near term. With only $3,000 in volume, liquidity is thin, suggesting limited trader conviction. A 10% chance is a clear signal of skepticism, pricing the event as a long shot rather than a serious possibility.
The low probability reflects entrenched legislative gridlock on this issue. The Senate unanimously passed the Sunshine Protection Act in March 2022, but the bill died in the House without a vote. This historical pattern is critical. Unanimous Senate passage created a false sense of inevitability, but the House demonstrated that consensus fractures over details like whether to adopt permanent standard time or permanent DST. Since 2022, the issue has lost momentum in Congress amid higher-priority debates. The market price captures this reality: a popular idea that fails to translate into actionable law.
State-level action also informs the odds. Over a dozen states have passed bills to adopt permanent DST, but these laws are contingent on federal authorization. This creates a patchwork of readiness without a central catalyst. The market effectively prices the federal legislative bottleneck as the primary barrier. Without a clear, must-pass vehicle or renewed national focus, the status quo is the base case.
A shift in odds would require a specific legislative catalyst. The most direct path is reintroduction and movement of the Sunshine Protection Act or a similar bill in the House. Watch for hearings in the House Energy and Commerce Committee, which has jurisdiction. If a bill advances from committee to a floor vote, the probability would spike from 10%. Another potential driver is attachment to a larger, must-pass piece of legislation, such as an appropriations bill, though this is a less likely scenario given the issue's low current priority.
The 2024 election cycle creates another variable. A change in congressional leadership or committee chairs in 2025 could alter the legislative calendar and priorities. If permanent DST gains a powerful champion in the new House leadership, the market would reprice. Until a concrete legislative action appears on the calendar, however, the 10% probability will likely hold or decay further. The next tangible window for movement is the 2025-2026 congressional session.
AI-generated analysis based on market data. Not financial advice.
$2.99K
1
1
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
No related news found
Add this market to your website
<iframe src="https://predictpedia.com/embed/knj4eK" width="400" height="160" frameborder="0" style="border-radius: 8px; max-width: 100%;" title="Will Daylight Saving Time become permanent in 2026?"></iframe>