CITE Act of 2026
The CITE Act of 2026 requires candidates for federal office and their immediate family members to divest all personal investments in publicly traded companies or place those assets into a qualified blind trust within 90 days of filing for election. This rule prohibits candidates from acquiring new stock, bonds, or similar securities while they are running for office, with limited exceptions for inheritances that must also be divested or moved into a trust. Candidates must certify compliance with these requirements to their respective ethics office, and the legislation mandates that these rules apply only to individuals who file for office after the law takes effect.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2026
Committee Review
Floor Vote
President
Introduced Jul 30, 2026
Last action Jul 30, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 30, 2026
Committee
Referred to the Committee on Oversight and Government Reform, 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
Jul 30, 2026
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ryan Mackenzie
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 9989
Scope: US
Hi! I can help you understand HR 9989. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline