Bill > HRes665

This resolution provides a detailed framework for the consideration of H.R. 1908, the "End Congressional Stock Trading Act," which aims to prohibit Members of Congress, their spouses, and dependent children from owning or trading individual stocks, bonds, commodities, and other complex financial instruments. The resolution establishes a process for House consideration of the bill, waiving certain procedural points of order and allowing one hour of debate divided between the Financial Services Committee chair and ranking minority member. The bill requires Members of Congress and their families to divest existing stock holdings within 180 days (or 2 years for complex investment vehicles like hedge funds), with exceptions for diversified investment funds, government bonds, retirement plans, and qualified blind trusts. The legislation also introduces civil penalties of up to $100,000 for violations, prohibits using official or campaign funds to pay such penalties, and mandates annual certification of compliance with the new rules. Members must submit a written certification to the Clerk of the House or Senate Secretary confirming their adherence to the stock trading restrictions, which will be publicly published and subject to potential Internal Revenue Service audit.

https://www.congress.gov/bill/119th-congress/house-resolution/665/all-info