H.R. 6461 · 116th Congress
IPO Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill prohibits certain senior government officials, including Members of Congress, from engaging in specified transactions.
What it does: CRS summary · Introduced in House · Apr 7, 2020
Integrity for Public Officials Act or the IPO Act
This bill prohibits certain senior government officials, including Members of Congress, from engaging in specified transactions.
Specifically, the bill prohibits these individuals from (1) purchasing or selling certain investments in securities, commodities, or futures; (2) entering into a transaction that creates a net short position in a security; or (3) serving as an officer or board member of a for-profit association, corporation, or other entity.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: IPO Act
Also known as: Integrity for Public Officials Act
Latest action (Apr 7, 2020): Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: Congress · Origin: House · Introduced: Apr 7, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.