S. 2773 · 118th Congress
Ban Congressional Stock Trading Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
OssoffSponsor8 cosponsors · 8 D
8 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 Member's dependent who is less than 19 years old. 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 · Sep 12, 2023
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 Member's dependent who is less than 19 years old. 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 (Sep 12, 2023): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Congress · Origin: Senate · Introduced: Sep 12, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.