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Prohibiting Stock Ownership for House of Representatives Members

This bill aims to ban members of the House of Representatives from owning individual public company stocks. This is intended to increase public trust in government by eliminating potential conflicts of interest. Citizens can expect greater transparency from their representatives.
Key points
Members of the House of Representatives will be prohibited from owning common stock of any individual public corporation.
The goal is to enhance integrity and transparency in Congress, potentially improving public perception of government.
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Status:
Expired
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Additional Information
Print number: 117_HRES_873
Sponsor: Rep. Craig, Angie [D-MN-2]
Process start date: 2022-01-18
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

NO STOCK Resolution

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HRES_873.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-01-18.

What are the main provisions?

Key points include:

  • Members of the House of Representatives will be prohibited from owning common stock of any individual public corporation.
  • The goal is to enhance integrity and transparency in Congress, potentially improving public perception of government.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Craig, Angie [D-MN-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ethics.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Courts and Law Economy