US HR725

House procedural resolution (H. Res. 725) setting rules for floor consideration of H.R. 1908, the "Restore Trust in Congress Act," which would prohibit Members of Congress, their spouses, and dependent children from owning or trading individual stocks, commodities, futures, and derivatives

Covered individuals must divest existing covered investments within 180 days of enactment (or 90 days for those who become covered individuals after enactment), with certificates of divestiture available to defer capital gains taxes under IRC Section 1043

Exemptions include diversified publicly traded investment funds (such as mutual funds and ETFs), U.S. Treasury securities, state/municipal bonds, small business interests, personal residence LLCs, Alaska Native Claims Settlement Act shares, and certain family trusts where the member has no control

Violations trigger penalties of 10% of the covered investment's value plus disgorgement of profits, payable to the Treasury, with fines prohibited from being paid using official allowances or campaign contributions

Supervising ethics offices must publish all fines, reasons, and outcomes on a public website, and may grant extensions for divestiture when investments have low liquidity, vesting schedules, or contractual restrictions