S 3494 United States Senate · 117th Congress

Ban Congressional Stock Trading Act

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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
President
Introduced Jan 12, 2022 Last action Jan 12, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 12, 2022
Committee
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
upper
Jan 12, 2022
Introduced
Introduced in Senate
upper
1 primary · 15 co-sponsors

Sponsors