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United States · Bill · S

S. 3494 (117th)

Ban Congressional Stock Trading Act

referredUnited States· United States Congress· EN

Introduced

12 January 2022

Last action

12 January 2022 · Introduced

Status

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sponsors

Sen. Ossoff, Jon [D-GA], Sen. Kelly, Mark [D-AZ], Sen. Warnock, Raphael G. [D-GA], Sen. Heinrich, Martin [D-NM], Sen. Schatz, Brian [D-HI], Sen. Murray, Patty [D-WA], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Stabenow, Debbie [D-MI], Sen. Baldwin, Tammy [D-WI], Sen. Padilla, Alex [D-CA], Sen. Cortez Masto, Catherine [D-NV], Sen. Shaheen, Jeanne [D-NH], Sen. Duckworth, Tammy [D-IL], Sen. Luján, Ben Ray [D-NM], Sen. Hickenlooper, John W. [D-CO], Sen. Bennet, Michael F. [D-CO]

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 January 2022

    Introduced

    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

    Source: IntroReferral

  2. 12 January 2022

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 12 January 2022

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 12 January 2022

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 12 January 2022

    Open at official source

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Sponsors

Related records

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Sources

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