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Linked legislation: H.R. 7008
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Based on official legislative actions published by Congress.
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).
Praveta uses official congressional material as its source of truth. You can review the underlying record directly.
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.
The bill would ban Members of Congress and their families from buying most stocks and require advance public notice before sales.
Would bar Members, their spouses, and dependent children from purchasing covered investments
Would require public notice 7 to 14 days before selling covered investments
Defines covered investments as securities of public companies or similar interests
Violations subject to fees and forced sale; fee minimum $2,000 or 10%
The proposal would change what investments Members and their immediate family may buy and add public notice requirements for sales, potentially increasing transparency around congressional trading.
Members of Congress, their spouses, and dependent children would be directly affected.
The official source text does not state whether the bill has been introduced, received committee action, or been voted on.
Praveta summarizes official congressional material and keeps the underlying source available for review.