118th Congress Congress
S. 1171: Ending Trading and Holdings In Congressional Stocks (ETHICS) Act
Reported
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill generally prohibits Members of Congress (and their spouses and dependents) from purchasing or selling certain investments, such as individual stocks and related financial instruments that are not diversified investment funds, Treasury securities, or other specified holdings. Violations of this prohibition are subject to specified civil penalties.
Members must certify their compliance with the provisions of the bill, and the applicable House or Senate ethics office must make the certifications and related information (e.g., trust agreements; descriptions of assets held in trusts; and federal loans, grants, or related benefits that the Member received) available online.
Additionally, the bill restricts certain communications between trustees and beneficiaries related to investments held in qualified blind trusts. Violations of the restriction are subject to specified civil penalties.
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Further, the bill imposes penalties for failing to comply with existing financial disclosure requirements and requires electronic filing of those disclosures in a searchable format.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Sherrod Brown D-OHOriginal
- Tammy Baldwin D-WIOriginal
- Richard Blumenthal D-CTOriginal
- Benjamin Cardin D-MDOriginal
- Robert Casey D-PAOriginal
- Catherine Cortez Masto D-NVOriginal
- Tammy Duckworth D-ILOriginal
- John Fetterman D-PAOriginal
- Kirsten Gillibrand D-NYOriginal
- Mazie Hirono D-HIOriginal
- Martin Heinrich D-NMOriginal
- Angus King I-MEOriginal
- Timothy Kaine D-VAOriginal
- Ben Luján D-NMOriginal
- Bernard Sanders I-VTOriginal
- Debbie Stabenow D-MIOriginal
- Jeanne Shaheen D-NHOriginal
- Jon Tester D-MTOriginal
- Chris Van Hollen D-MDOriginal
- Peter Welch D-VTOriginal
- Brian Schatz D-HI
- Jacky Rosen D-NV
- Elizabeth Warren D-MA
Who scored on this bill
- 1Jeff Merkley SponsorDrew cross-party cosponsors, introduced, reported3 events+26
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Introduced in the Senate by Jeff Merkley.
Show the full action history (5 actions)
- Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 118-309.
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 729.
- Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Introduced in Senate
- Read twice and referred to the Committee on Homeland Security and Governmental Affairs.