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US HB5106

Bill

Official Source

Status

Introduced

9/3/2025

Primary Sponsor

Chip Roy

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Prohibits Members of Congress, their spouses, and dependent children from owning or trading individual stocks, securities, commodities, and futures
  • Requires current Members to divest covered investments within 180 days of enactment; new Members must divest within 90 days of taking office
  • Exempts diversified mutual funds/ETFs, U.S. Treasury bonds, state/municipal bonds, small business interests, personal residence LLCs, and Alaska Native Settlement stock from the ban
  • Allows spouses and dependents to trade stocks as part of their primary occupation if the investments are not owned by covered individuals
  • Imposes penalties of 10% of the investment value plus disgorgement of profits for violations, with fines published on a public website

Legislative Description

Restore Trust in Congress Act

Congress

Last Action

Referred to the House Committee on House Administration.

9/3/2025

Committee Referrals

Administration9/3/2025

Full Bill Text

No bill text available