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Ban Congressional Stock Trading Act

USA117th CongressS-3494| Senate 
| Updated: 1/12/2022
Jon Ossoff

Jon Ossoff

Democratic Senator

Georgia

Cosponsors (15)
Jeanne Shaheen (Democratic)Tammy Duckworth (Democratic)Catherine Cortez Masto (Democratic)Kirsten E. Gillibrand (Democratic)Ben Ray Luján (Democratic)Alex Padilla (Democratic)John W. Hickenlooper (Democratic)Debbie Stabenow (Democratic)Martin Heinrich (Democratic)Michael F. Bennet (Democratic)Patty Murray (Democratic)Brian Schatz (Democratic)Tammy Baldwin (Democratic)Raphael G. Warnock (Democratic)Mark Kelly (Democratic)

Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jan 12, 2022
Introduced in Senate
Jan 12, 2022
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • January 12, 2022
    Introduced in Senate


  • January 12, 2022
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Congress

Civil actions and liabilityFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities

Ban Congressional Stock Trading Act

USA117th CongressS-3494| Senate 
| Updated: 1/12/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 12, 2022
Introduced in Senate
Jan 12, 2022
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • January 12, 2022
    Introduced in Senate


  • January 12, 2022
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jon Ossoff

Jon Ossoff

Democratic Senator

Georgia

Cosponsors (15)
Jeanne Shaheen (Democratic)Tammy Duckworth (Democratic)Catherine Cortez Masto (Democratic)Kirsten E. Gillibrand (Democratic)Ben Ray Luján (Democratic)Alex Padilla (Democratic)John W. Hickenlooper (Democratic)Debbie Stabenow (Democratic)Martin Heinrich (Democratic)Michael F. Bennet (Democratic)Patty Murray (Democratic)Brian Schatz (Democratic)Tammy Baldwin (Democratic)Raphael G. Warnock (Democratic)Mark Kelly (Democratic)

Homeland Security and Governmental Affairs Committee

Congress

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities