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Prohibiting Stock Ownership for US Congress Members

This bill aims to boost public trust in Congress by banning its members from owning individual company stocks. Citizens can expect greater transparency and reduced risk of conflicts of interest in decisions made by their representatives.
Key points
Members of the House of Representatives, Delegates, and Resident Commissioners will be prohibited from owning common stock of any individual public corporation.
The change seeks to prevent situations where legislative decisions could be influenced by personal financial gain.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HRES_156
Sponsor: Rep. Craig, Angie [D-MN-2]
Process start date: 2023-02-24
Lustra uses Artificial Intelligence. Verify details in source documents.
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 118_HRES_156.

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 2023-02-24.

What are the main provisions?

Key points include:

  • Members of the House of Representatives, Delegates, and Resident Commissioners will be prohibited from owning common stock of any individual public corporation.
  • The change seeks to prevent situations where legislative decisions could be influenced by personal financial gain.
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 2025-12-24.

CATEGORIES

Courts and Law Economy