S. 3612 · 117th Congress
STOCK Act 2.0
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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
GillibrandSponsorNo cosponsors.
This bill expands restrictions on investment practices and requirements for financial disclosures that apply to specified high-level government officials.
What it does: CRS summary · Introduced in Senate · Feb 9, 2022
STOCK Act 2.0
This bill expands restrictions on investment practices and requirements for financial disclosures that apply to specified high-level government officials.
In particular, the bill bars individual stock trading by (1) Members of Congress, (2) the President and Vice President, (3) Supreme Court Justices, (4) governors of the Federal Reserve Board, and (5) presidents and vice presidents of Federal Reserve banks.
Additionally, the bill requires financial disclosures to include loans, contracts, and other benefits (excluding salaries, compensation, or tax refunds) from the federal government. It also requires additional officials, namely judges and senior leaders of Federal Reserve banks, to make the disclosures.
Further, the bill directs supervising ethics agencies to make the disclosures publicly available in formats that are easily searchable, sortable, and downloadable.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: STOCK Act 2.0
Latest action (Feb 9, 2022): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Congress · Origin: Senate · Introduced: Feb 9, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.