Bill
Bill > HR2678
summary
Introduced
04/18/2023
04/18/2023
In Committee
04/18/2023
04/18/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend chapter 131 of title 5, United States Code, to prevent Members of Congress and their spouses and dependent children from trading stocks and owning stocks, and for other purposes.
AI Summary
This bill, the Ending Trading and Holdings in Congressional Stocks (ETHICS) Act, would prohibit members of Congress and their spouses and dependent children from trading or owning stocks and other covered investments. It would require them to place any existing covered investments into qualified blind trusts within 120 days of the bill's enactment. The bill also imposes civil penalties for noncompliance and requires electronic filing and online public availability of financial disclosure forms for members of Congress and congressional staff. The bill aims to address potential conflicts of interest by restricting the ability of members of Congress and their families to trade on insider information.
Committee Categories
Government Affairs
Sponsors (13)
Raja Krishnamoorthi (D)*,
Michael Cloud (R),
Brian Fitzpatrick (R),
John Joyce (R),
Ro Khanna (D),
Jen Kiggans (R),
Mike Lawler (R),
Seth Magaziner (D),
Joe Neguse (D),
Eleanor Holmes Norton (D),
Alexandria Ocasio-Cortez (D),
Mark Pocan (D),
Paul Tonko (D),
Last Action
Referred to the Committee on House Administration, and in addition to the Committees on Oversight and Accountability, and the Judiciary, 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. (on 04/18/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/2678/all-info |
| BillText | https://www.congress.gov/118/bills/hr2678/BILLS-118hr2678ih.pdf |
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