S. 3494 · 117th Congress
Ban Congressional Stock Trading Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
OssoffSponsor15 cosponsors · 15 D
D
Kelly
MH
D
Heinrich
BS
D
Schatz
RW
D
Warnock
PM
D
Murray
KG
D
Gillibrand
DS
D
Stabenow
TB
D
Baldwin
AP
D
Padilla
CC
D
Cortez Masto
JS
D
Shaheen
TD
D
Duckworth
BL
D
Luján
JH
D
Hickenlooper
MB
D
Bennet1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires each Member of Congress to divest or place in a blind trust any specified investment owned by the Member, the Member's spouse, or a dependent of the Member. This requirement applies for the entire period of a Member's service in Congress and for 180 days after that service ceases.
What it does: CRS summary · Introduced in Senate · Jan 12, 2022
Ban Congressional Stock Trading Act
This bill requires each Member of Congress to divest or place in a blind trust any specified investment owned by the Member, the Member's spouse, or a dependent of the Member. This requirement applies for the entire period of a Member's service in Congress and for 180 days after that service ceases.
A Member of Congress who does not comply with the bill's requirements is subject to a fine equal to the Member's monthly congressional salary. The fine must be assessed 30 days after notice of the violation is issued and at least every subsequent 30 days.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Ban Congressional Stock Trading Act
Latest action (Jan 12, 2022): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Congress · Origin: Senate · Introduced: Jan 12, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.