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Bill > HR7126


US HR7126

US HR7126
Member Financial Transparency Act


summary

Introduced
03/17/2022
In Committee
03/17/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Ethics in Government Act of 1978 to require Members of Congress to file the reports on transactions in stocks, bonds, commodities futures, and other forms of securities which are required under such Act not later than 7 days after the transactions are completed, and for other purposes.

AI Summary

This bill, the Member Financial Transparency Act, amends the Ethics in Government Act of 1978 to require members of Congress to file reports on their transactions in stocks, bonds, commodities futures, and other securities within 7 days after the transactions are completed, rather than the current 45-day deadline. The bill also requires the Clerk of the House and Secretary of the Senate to make these reports public within 10 days for members of Congress, instead of the current 30-day timeline. These changes are intended to increase financial transparency for members of Congress and their financial activities.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Referred to the House Committee on House Administration. (on 03/17/2022)

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