United States · Bill · S
S. 3494 (117th)
Ban Congressional Stock Trading Act
Introduced
12 January 2022
Last action
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Status
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Ban Congressional Stock Trading Act This bill requires each Member of Congress to divest or place in a blind trust any specified investment owned by the Member, the Member's spouse, or a dependent of the Member. This requirement applies for the entire period of a Member's service in Congress and for 180 days after that service ceases. A Member of Congress who does not comply with the bill's requirements is subject to a fine equal to the Member's monthly congressional salary. The fine must be assessed 30 days after notice of the violation is issued and at least every subsequent 30 days.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 12 January 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 12 January 2022
Introduced in Senate
summary · EN · 12 January 2022
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3494
- Open data entity: https://api.congress.gov/v3/bill/117/s/3494