HR 2383 United States House · 118th Congress

Prohibition of Financial Trading on Government Property Act

HR 2383 prohibits federal employees from conducting financial trading (buying/selling stocks, bonds, crypto, or complex investments) on government property or using government resources like computers or internet for such activity. It directly affects most federal employees, with exceptions for those whose job duties involve trading (e.g., certain Treasury roles) or trading related to their Thrift Savings Plan, and excludes the President/Vice President. Violations face fines up to $5,000 or 3 years in prison, plus agency disciplinary action, while agencies must report violations to ethics offices within 30 days. The bill defines "government property" broadly but excludes national parks, postal facilities, and overseas sites, and requires ethics offices to create implementation rules.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
President
Introduced Mar 29, 2023 Last action Mar 29, 2023
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Total actions
2
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0
Committee
1
Mar 29, 2023
Committee
Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Mar 29, 2023
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

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