Stop Insider Trading Act

Summary

Stop 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 If the individual decides not to sell the covered investment, the notice must be withdrawn.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.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Passed one of the two chambers; it still needs the other.

House Committee on House Administration · U.S. House of Representatives

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Cosponsors

Recorded votes

• Vote: On Cloture on the Motion to Proceed

  U.S. SenateSep 30, 2026Result: Cloture on the Motion to Proceed Rejected

  Voted yes (53)Voted no (47)Voted present (0)Absent (0)

  See member positions for the vote on Sep 30, 2026 (On Cloture on the Motion to Proceed)

• Vote: On Motion to Recommit

  U.S. HouseJul 22, 2026Result: Failed

  Voted yes (211)Voted no (218)Voted present (0)Absent (2)

  See member positions for the vote on Jul 22, 2026 (On Motion to Recommit)

• Vote: On Passage

  U.S. HouseJul 22, 2026Result: Passed

  Voted yes (232)Voted no (198)Voted present (0)Absent (1)

  See member positions for the vote on Jul 22, 2026 (On Passage)

Related bills

• S. 4134Stop Insider Trading ActRelated bill
• H.Res. 1438Providing for consideration of the bill (H.R. 8800) to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (H.R. 8884) to amend title II of the Social Security Act to reauthorize demonstration authority for the disability insurance program; providing for consideration of the concurrent resolution (H. Con. Res. 113) establishing the congressional budget for the United States Government for fiscal year 2027 and setting forth the appropriate budgetary levels for fiscal years 2028 through 2036; providing for consideration of the bill (H.R. 7008) to amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes; providing for consideration of the bill (H.R. 6955) to make improvements to the Federal banking laws, and for other purposes; providing for consideration of the bill (H.R. 9770) making continuing appropriations for fiscal year 2027, and for other purposes; and for other purposes.Related bill, procedurally related

As identified by Congress.gov.

Full history

1. Sep 30, 2026

   Cloture on the Motion to Proceed to the Measure Not Invoked in Senate by Yea-nay Vote. 53 - 47. Record Vote Number: 253.

   Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.

   U.S. Senate

2. Sep 28, 2026

   Motion to Proceed to Consideration of Measure Withdrawn in Senate.

   Motion to proceed to consideration of measure withdrawn in Senate.

   U.S. Senate

3. Aug 6, 2026

   Read the Second time. Placed on Senate Legislative Calendar Under General Orders. Calendar No. 548.

   Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.

   U.S. Senate

4. Aug 5, 2026

   Read the First time. Placed on Senate Legislative Calendar Under Read the First Time.

   Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

   U.S. Senate

5. Jul 23, 2026

   Sent to the executive

   Received in the Senate.

   U.S. Senate

Read the record

• Read on Congress.gov (opens in a new tab) The official record on Congress.gov.