To require former Members of Congress to file annual financial disclosure reports, and for other purposes.
About This Bill
Committee
Latest Action · June 30, 2026
Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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.
The No Cashing In Act would require former members of Congress to file annual financial disclosure reports for ten years after leaving office or for as long as they receive a congressional pension, whichever period is longer. The bill also establishes financial penalties by reducing the pensions of former members who receive income from lobbying work, with the penalty amount equal to any money they earned from substantial lobbying entities during the previous year. A substantial lobbying entity is defined as a company that employs more than three lobbyists or spends more than ten thousand dollars annually on lobbying activities. This legislation is designed to increase transparency about former lawmakers' financial activities and discourage them from immediately taking lucrative lobbying positions after leaving Congress. The bill was introduced in June 2026 and referred to the House Administration Committee and the Oversight and Government Reform Committee for review.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.