US HB6401 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on March 26 2020 - 25% progression, died in committee
Action: 2020-03-26 - Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 26 2020 - 25% progression, died in committee
Action: 2020-03-26 - Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibits a Member of Congress or certain congressional officers or employees from (1) purchasing or selling specified investments, (2) entering into a transaction that creates a net short position in a security, or (3) serving as an officer or member of any board of any for-profit entity.
Title
Ban Conflicted Trading Act
Sponsors
| Rep. Raja Krishnamoorthi [D-IL] | Rep. Alexandria Ocasio-Cortez [D-NY] | Rep. Joseph Neguse [D-CO] | Rep. Earl Blumenauer [D-OR] |
| Rep. Jared Huffman [D-CA] | Rep. Eleanor Norton [D-DC] | Rep. Jared Golden [D-ME] | Rep. Ayanna Pressley [D-MA] |
| Rep. Jose Serrano [D-NY] | Rep. Jamie Raskin [D-MD] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-26 | House | Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
| 2020-03-26 | House | Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
| 2020-03-26 | House | Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
| 2020-03-26 | House | Introduced in House |
Same As/Similar To
SB1393 (Same As) 2019-05-09 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
HB6461 (Related) 2020-04-07 - Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
HB6461 (Related) 2020-04-07 - Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Civil actions and liability
Commodities markets
Congress
Congressional officers and employees
Corporate finance and management
Financial services and investments
Government ethics and transparency, public corruption
Members of Congress
Securities
Commodities markets
Congress
Congressional officers and employees
Corporate finance and management
Financial services and investments
Government ethics and transparency, public corruption
Members of Congress
Securities
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6401/all-info |
| Text | https://www.congress.gov/116/bills/hr6401/BILLS-116hr6401ih.pdf |
