What it does
SourcedStop Insider Trading Act
This bill generally prohibits Members of Congress and their spouses and dependent children from purchasing stocks and requires public notice before these individuals may sell stocks.
Specifically, Members of Congress and the spouses and dependent children of Members of Congress may not purchase covered investments. Between 7 and 14 days before a Member or a covered spouse or dependent sells a covered investment, the relevant Member must file public notice of the intent to sell with the Clerk of the House of Representatives or the Secretary of the Senate, as appropriate. The Clerk or Secretary must publish this notice online. If the individual decides not to sell the covered investment, the notice must be withdrawn.
Under the bill, a covered investment is a security issued by a publicly traded company or a comparable economic interest. Some investments are exempt, including interest in a widely held investment fund and certain investments held in a trust.
Violations of these provisions are subject to a fee and, in the case of a purchase, a requirement to sell the covered investment. The fee must equal (1) the greater of $2,000 or 10% of the transaction value, and (2) any net gain realized from the transaction during a specified period. The fee may not be paid using campaign donations or Members’ official allowances.
Certain transactions by covered spouses and dependents are exempt, including transactions made on behalf of another person or made as part of compensation from the individual’s employer.
Official summary by the Congressional Research Service (Reported to House, Feb 3, 2026).
Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.
What has happened
Sourced- Jul 22, 2026Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280). Roll call recordLibrary of Congress
- Feb 3, 2026Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.Library of Congress
- Jan 12, 2026Introduced in HouseLibrary of Congress
Recorded votes
Sourced- Jul 22, 2026 · HousePassed 232–198On Passage · needed a majority
2 other recorded votes (procedure and amendments)
- Jul 22, 2026 · HouseFailed 211–218On Motion to Recommit · needed a majority
- Sep 30, 2026 · SenateCloture on the Motion to Proceed Rejected 53–47Iowa: Joni Ernst yes, Chuck Grassley yesOn Cloture on the Motion to Proceed · needed three-fifths
Cosponsors
From Iowa
- Randy Feenstra R-IA-4
- Ashley Hinson R-IA-2
- Mariannette Miller-Meeks R-IA-1
- Zachary Nunn R-IA-3
Everyone else (89)
- Mark Alford R-MO-4
- Jodey C. Arrington R-TX-19
- Don Bacon R-NE-2
- Tom Barrett R-MI-7
- Michael Baumgartner R-WA-5
- Aaron Bean R-FL-4
- Nicholas J. Begich III R-AK-At Large
- Cliff Bentz R-OR-2
- Jack Bergman R-MI-1
- Stephanie I. Bice R-OK-5
- Andy Biggs R-AZ-5
- Robert P. Bresnahan, Jr. R-PA-8
Show 77 more cosponsors
- Vern Buchanan R-FL-16
- Kat Cammack R-FL-3
- Mike Carey R-OH-15
- Earl L. "Buddy" Carter R-GA-1
- Ed Case D-HI-1
- Juan Ciscomani R-AZ-6
- Ben Cline R-VA-6
- Michael Cloud R-TX-27
- Mike Collins R-GA-10
- Elijah Crane R-AZ-2
- Jeff Crank R-CO-5
- Dan Crenshaw R-TX-2
- Troy Downing R-MT-2
- Jake Ellzey R-TX-6
- Gabe Evans R-CO-8
- Pat Fallon R-TX-4
- Julie Fedorchak R-ND-At Large
- Scott Fitzgerald R-WI-5
- Mike Flood R-NE-1
- Vince Fong R-CA-20
- Scott Franklin R-FL-18
- Paul A. Gosar R-AZ-9
- H. Morgan Griffith R-VA-9
- Glenn Grothman R-WI-6
- Michael Guest R-MS-3
- Mike Haridopolos R-FL-8
- Pat Harrigan R-NC-10
- Andy Harris R-MD-1
- Erin Houchin R-IN-9
- Richard Hudson R-NC-9
- Bill Huizenga R-MI-4
- Jeff Hurd R-CO-3
- John James R-MI-10
- Dusty Johnson R-SD-At Large
- John Joyce R-PA-13
- Mike Kennedy R-UT-3
- Jennifer A. Kiggans R-VA-2
- Kevin Kiley I-CA-3
- Young Kim R-CA-40
- Darin LaHood R-IL-16
- Nick LaLota R-NY-1
- Nicholas A. Langworthy R-NY-23
- Michael Lawler R-NY-17
- Laurel M. Lee R-FL-15
- Anna Paulina Luna R-FL-13
- Ryan Mackenzie R-PA-7
- Tracey Mann R-KS-1
- Brian J. Mast R-FL-21
- Richard McCormick R-GA-7
- Addison P. McDowell R-NC-6
- Mark B. Messmer R-IN-8
- Max L. Miller R-OH-7
- Mary E. Miller R-IL-15
- Cory Mills R-FL-7
- John R. Moolenaar R-MI-2
- Gregory F. Murphy R-NC-3
- Andrew Ogles R-TN-5
- Jimmy Patronis R-FL-1
- Scott Perry R-PA-10
- Josh Riley D-NY-19
- Mike Rogers R-AL-3
- Chip Roy R-TX-21
- John H. Rutherford R-FL-5
- Derek Schmidt R-KS-2
- Keith Self R-TX-3
- Christopher H. Smith R-NJ-4
- Lloyd Smucker R-PA-11
- Dale W. Strong R-AL-5
- David J. Taylor R-OH-2
- Claudia Tenney R-NY-24
- Thomas P. Tiffany R-WI-7
- William R. Timmons IV R-SC-4
- Matt Van Epps R-TN-7
- Derrick Van Orden R-WI-3
- Ann Wagner R-MO-2
- Daniel Webster R-FL-11
- Rudy Yakym III R-IN-2