summary
Introduced
09/17/2018
09/17/2018
In Committee
09/17/2018
09/17/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Congressional Anti-Corruption Act
AI Summary
This bill, the Congressional Anti-Corruption Act, prohibits members of Congress from buying or selling individual securities, with an exception for widely held investment funds. Violations of this prohibition can result in fines of up to $1 million and up to 5 years in prison. The purpose of this bill is to prevent members of Congress from potentially profiting off of their insider knowledge and influence when trading individual stocks.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (on 09/17/2018)
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/115th-congress/senate-bill/3451/all-info |
| BillText | https://www.congress.gov/115/bills/s3451/BILLS-115s3451is.pdf |
| Bill | https://www.congress.gov/115/bills/s3451/BILLS-115s3451is.pdf.pdf |
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