July 31 reauthorization becomes law if Congress passes qualifying legislation and the President signs by July 31, 11:59 PM ET, or via an accepted legal path (signature, law without signature while in session, or veto override). Pocket-veto expirations count as No.
This market will resolve to "Yes" if legislation that reauthorizes FISA Section 702 is passed by both chambers of the U.S. Congress and signed into law by the listed date, 11:59 PM ET. Otherwise, this market will resolve to "No". Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No". Qualifying legislation may reauthorize the legislation for any duration. The primary resolution sources for this market will be the Library of Congress (congress.gov) and other official information from the government of the United States; however, a consensus of credible reporting may also be used.