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CITE Act of 2026

USA119th CongressHR-9989| House 
| Updated: 7/30/2026
Ryan Mackenzie

Ryan Mackenzie

Republican Representative

Pennsylvania

Committee on House Administration, Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill requires individuals seeking federal office, including the President, Vice President, Senator, or Representative, to address potential conflicts of interest related to their financial holdings. Specifically, within 90 days of formally declaring their candidacy, these individuals, along with their spouses and dependent children, must either divest all publicly traded securities or place them into a qualified blind trust . The legislation defines "covered investments" broadly to include common stock, bonds, options, and certain exchange-traded funds, while exempting widely diversified mutual funds, index funds, and government securities. A qualified blind trust must be independently managed, prohibiting the candidate from having any knowledge of or influence over investment decisions. Furthermore, the bill prohibits covered individuals from acquiring new covered investments throughout their candidacy, with limited exceptions for inheritances that must subsequently be divested or placed in a trust. Candidates are required to certify their compliance with these provisions to the relevant supervising ethics office, such as the House or Senate Ethics Committee or the Office of Government Ethics. The bill also mandates that these ethics offices issue regulations to implement the Act, including procedures for certifications, standards for blind trusts, and a process for hardship waivers in extraordinary circumstances. This Act is intended to complement existing laws like the STOCK Act, enhancing transparency and reducing the appearance of impropriety in federal elections.
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Timeline
Jul 30, 2026
Introduced in House
Jul 30, 2026
Referred to the Committee on Oversight and Government Reform, 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.
  • July 30, 2026
    Introduced in House


  • July 30, 2026
    Referred to the Committee on Oversight and Government Reform, 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

CITE Act of 2026

USA119th CongressHR-9989| House 
| Updated: 7/30/2026
This bill requires individuals seeking federal office, including the President, Vice President, Senator, or Representative, to address potential conflicts of interest related to their financial holdings. Specifically, within 90 days of formally declaring their candidacy, these individuals, along with their spouses and dependent children, must either divest all publicly traded securities or place them into a qualified blind trust . The legislation defines "covered investments" broadly to include common stock, bonds, options, and certain exchange-traded funds, while exempting widely diversified mutual funds, index funds, and government securities. A qualified blind trust must be independently managed, prohibiting the candidate from having any knowledge of or influence over investment decisions. Furthermore, the bill prohibits covered individuals from acquiring new covered investments throughout their candidacy, with limited exceptions for inheritances that must subsequently be divested or placed in a trust. Candidates are required to certify their compliance with these provisions to the relevant supervising ethics office, such as the House or Senate Ethics Committee or the Office of Government Ethics. The bill also mandates that these ethics offices issue regulations to implement the Act, including procedures for certifications, standards for blind trusts, and a process for hardship waivers in extraordinary circumstances. This Act is intended to complement existing laws like the STOCK Act, enhancing transparency and reducing the appearance of impropriety in federal elections.
View Full Text

Suggested Questions

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

Timeline
Jul 30, 2026
Introduced in House
Jul 30, 2026
Referred to the Committee on Oversight and Government Reform, 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.
  • July 30, 2026
    Introduced in House


  • July 30, 2026
    Referred to the Committee on Oversight and Government Reform, 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.
Ryan Mackenzie

Ryan Mackenzie

Republican Representative

Pennsylvania

Committee on House Administration, Oversight and Government Reform Committee

Government Operations and Politics

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