H.R. 1908, the End Congressional Stock Trading Act, would ban Members of Congress, their spouses, and dependent children from owning or trading individual stocks, bonds, commodities, derivatives, and other securities. Current members would have 180 days to divest from these holdings (with a 5-year timeline for complex investments like hedge funds), while newly elected members would have 90 days. The bill does allow ownership of diversified investment funds, Treasury securities, retirement accounts, and small business interests that don't create conflicts of interest. Violations would result in civil penalties of up to $100,000 per violation, enforced by the Attorney General or Special Counsel. The bill also includes a tax provision allowing members to reinvest divestment proceeds in permitted assets without triggering capital gains taxes, provided they do so within 60 days.
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