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Ban Congressional Stock Trading Act

USA118th CongressS-2773| Senate 
| Updated: 9/12/2023
Jon Ossoff

Jon Ossoff

Democratic Senator

Georgia

Cosponsors (8)
Jeanne Shaheen (Democratic)Tammy Duckworth (Democratic)Ben Ray Luján (Democratic)Michael F. Bennet (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 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.
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Timeline

Bill from Previous Congress

S 117-3494
Ban Congressional Stock Trading Act
Sep 12, 2023
Introduced in Senate
Sep 12, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • Bill from Previous Congress

    S 117-3494
    Ban Congressional Stock Trading Act


  • September 12, 2023
    Introduced in Senate


  • September 12, 2023
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Congress

Ban Congressional Stock Trading Act

USA118th CongressS-2773| Senate 
| Updated: 9/12/2023
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.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 117-3494
Ban Congressional Stock Trading Act
Sep 12, 2023
Introduced in Senate
Sep 12, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • Bill from Previous Congress

    S 117-3494
    Ban Congressional Stock Trading Act


  • September 12, 2023
    Introduced in Senate


  • September 12, 2023
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jon Ossoff

Jon Ossoff

Democratic Senator

Georgia

Cosponsors (8)
Jeanne Shaheen (Democratic)Tammy Duckworth (Democratic)Ben Ray Luján (Democratic)Michael F. Bennet (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