Legis Daily

Prohibition of Financial Trading on Government Property Act

USA118th CongressHR-2383| House 
| Updated: 3/29/2023
Nancy Mace

Nancy Mace

Republican Representative

South Carolina

Cosponsors (1)
Angie Craig (Democratic)

Committee on House Administration, Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Prohibition of Financial Trading on Government Property Act This bill prohibits federal employees from conducting any financial trading on federal property. Specifically, the bill prohibits federal employees, including Members of Congress and the President, from engaging in any financial trading on federal property. Federal employees (with the exception of the President and Vice President) are also prohibited from using government-issued devices to engage in any financial trading. The bill's restrictions do not apply to activities that are related to an employee's official duties or Thrift Savings Plan account. Federal employees who violate the bill's prohibitions are subject to fines, imprisonment (for knowing violations), and disciplinary action.
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Timeline
Mar 29, 2023
Introduced in House
Mar 29, 2023
Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, 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.
  • March 29, 2023
    Introduced in House


  • March 29, 2023
    Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, 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.

Government Operations and Politics

Prohibition of Financial Trading on Government Property Act

USA118th CongressHR-2383| House 
| Updated: 3/29/2023
Prohibition of Financial Trading on Government Property Act This bill prohibits federal employees from conducting any financial trading on federal property. Specifically, the bill prohibits federal employees, including Members of Congress and the President, from engaging in any financial trading on federal property. Federal employees (with the exception of the President and Vice President) are also prohibited from using government-issued devices to engage in any financial trading. The bill's restrictions do not apply to activities that are related to an employee's official duties or Thrift Savings Plan account. Federal employees who violate the bill's prohibitions are subject to fines, imprisonment (for knowing violations), and disciplinary action.
View Full Text

Suggested Questions

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

Timeline
Mar 29, 2023
Introduced in House
Mar 29, 2023
Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, 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.
  • March 29, 2023
    Introduced in House


  • March 29, 2023
    Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, 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.
Nancy Mace

Nancy Mace

Republican Representative

South Carolina

Cosponsors (1)
Angie Craig (Democratic)

Committee on House Administration, Oversight and Government Reform Committee

Government Operations and Politics

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted