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Ban on Stock Trading for Congress Members and Families

This new law aims to boost public trust by prohibiting members of Congress, their spouses, and dependent children from trading stocks and owning most securities. Citizens can expect greater transparency and reduced potential for conflicts of interest in decisions made by their representatives.
Key points
Members of Congress, their spouses, and children must sell most stocks, bonds, and other securities within 180 days (or 5 years for certain complex investments).
New members of Congress and their families will have 90 days to divest assets after taking office.
Exceptions include widely held investment funds, U.S. Treasury bonds, government retirement plans, and interests in small businesses that do not present a conflict of interest.
Violations can result in a civil penalty of up to $100,000 per offense.
The act provides tax relief for individuals required to sell assets to comply, provided proceeds are reinvested in permitted assets.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_1908
Sponsor: Rep. Burchett, Tim [R-TN-2]
Process start date: 2025-03-06
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

End Congressional Stock Trading Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1908.

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 2025-03-06.

What are the main provisions?

Key points include:

  • Members of Congress, their spouses, and children must sell most stocks, bonds, and other securities within 180 days (or 5 years for certain complex investments).
  • New members of Congress and their families will have 90 days to divest assets after taking office.
  • Exceptions include widely held investment funds, U.S. Treasury bonds, government retirement plans, and interests in small businesses that do not present a conflict of interest.
  • Violations can result in a civil penalty of up to $100,000 per offense.
  • The act provides tax relief for individuals required to sell assets to comply, provided proceeds are reinvested in permitted assets.
What is the specific legal status?

The current status is Introduced.

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. Burchett, Tim [R-TN-2].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Courts and Law Economy