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 If the individual decides not to sell the covered investment, the notice must be withdrawn.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- Sep 30, 2026Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253. Roll call recordSenate
- Sep 28, 2026Motion to proceed to consideration of measure withdrawn in Senate.Senate
- Sep 28, 2026Cloture motion on the motion to proceed to the measure presented in Senate. (CR S5065)Senate
- Sep 28, 2026Motion to proceed to consideration of measure made in Senate. (CR S5065)Senate
- Aug 6, 2026Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.Senate
- Aug 5, 2026Read the first time. Placed on Senate Legislative Calendar under Read the First Time.Senate
- Jul 23, 2026Received in the Senate.Senate
- Jul 22, 2026Motion to reconsider laid on the table Agreed to without objection.House floor actions
- Jul 22, 2026On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280). (text of amendment in the nature of a substitute: CR H5143-5144) Roll call recordHouse floor actions
- 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
- Jul 22, 2026On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279). Roll call recordHouse floor actions
- Jul 22, 2026Considered as unfinished business. (consideration: CR H5157-5158)House floor actions
- Jul 22, 2026POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 7008, the Chair put the question on motion to recommit and by voice vote, announced the ayes had prevailed. Mr. Steil demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.House floor actions
- Jul 22, 2026The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.House floor actions
- Jul 22, 2026Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)House floor actions
- Jul 22, 2026The previous question was ordered pursuant to the rule.House floor actions
- Jul 22, 2026DEBATE - The House proceeded with one hour of debate on H.R. 7008.House floor actions
- Jul 22, 2026Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.House floor actions
- Jul 22, 2026Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)House floor actions
- Jul 20, 2026Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.House floor actions
- Feb 3, 2026Placed on the Union Calendar, Calendar No. 409.House floor actions
- Feb 3, 2026Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.House floor actions
- Feb 3, 2026Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.Library of Congress
- Jan 14, 2026Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4.House committee actions
- Jan 14, 2026Committee Consideration and Mark-up Session HeldHouse committee actions
- Jan 12, 2026Referred to the House Committee on House Administration.House floor actions
- Jan 12, 2026Introduced in HouseLibrary 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