US SB4134

Members of Congress, their spouses, and dependent children would be prohibited from purchasing individual stocks and securities of publicly traded companies

Sales of existing covered investments require 7-14 days advance public notice filed with the Clerk of the House or Secretary of the Senate, including projected sale date, description, and number of shares

Exemptions include diversified investment funds, small business interests, employer compensation for spouses/dependents, dividend reinvestments, and assets held in qualifying blind trusts where no family member serves as trustee

Violations trigger penalties of $2,000 or 10% of the transaction value (whichever is greater), plus any net gains realized, with forced divestiture required for prohibited purchases

Takes effect 180 days after enactment; fees cannot be paid using official office funds or campaign contributions, and unpaid fees may result in referral to the Attorney General