119-hr-7008119th CongressWALLET

Stop Insider Trading Act

Sponsored By: Representative Steil, Bryan [R-WI-1]

Passed House

Summary

Restrictions on Members' investments are the main aim of this bill, which would bar covered individuals from buying many individual stocks and similar securities while in federal service. It would also require most in-person voters to show a valid photo ID and set rules for provisional ballots and ID access.

Show full summary
  • Members of Congress and their families would be barred from purchasing "covered investments" during federal service. Sales would need public notice filed 7 to 14 days before the planned sale and must list the sale date, a description, and the number of shares.
  • Violations would trigger a fee equal to the greater of $2,000 or 10% of the value of the violating transaction plus any net gain from when the person became covered. The supervising ethics office could require sale of improperly purchased assets, issue guidance, and refer unpaid cases to the Department of Justice.
  • Voters and election officials would face new ID rules. In-person voters must show a valid photo ID to get a ballot, provisional ballots would count only if the voter provides ID or a religious objection affidavit within 3 days, and states must offer free public devices to copy IDs and notify registrants about the requirement.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

Members of Congress face stock-buy ban

If enacted, Members of Congress, their spouses, and dependent children would be barred from buying public-company stocks and similar instruments while in office. Sales would still be allowed, but you would need to give public notice 7 to 14 days before the sale. Limited exceptions would apply for automatic dividend reinvestment, certain job-related trades by a spouse or child, some funds, small businesses, and qualifying trusts. If you break the ban, you would owe a fee: the larger of $2,000 or 10% of the trade, plus any net gains since you became covered, and you would have to sell the investment. Official or campaign funds would not be allowed to pay the fee. These rules would start 180 days after enactment.

Nationwide photo ID required to vote

If enacted, you would need to show a valid photo ID to vote in person in federal elections. If you do not show ID at the poll, you would be able to cast a provisional ballot, but you would need to return with ID or file a religious‑objection affidavit within 3 days for it to count. Mail or other non‑in‑person ballots would not be accepted unless you send a copy of a valid photo ID, or provide the last four digits of your Social Security number with an affidavit saying you cannot get an ID, or include a notarized statement that you marked the ballot. Acceptable IDs would include a State driver’s license or State ID with photo and expiration, a U.S. passport, Defense or VA photo ID, or a Tribal photo ID. State and local buildings would have to let the public copy IDs for free, and voter registration systems would have to tell applicants about the photo ID rule. These changes would take effect 90 days after enactment, and the Election Assistance Commission would issue recommendations within 90 days.

Sponsors & CoSponsors

Sponsor

Steil, Bryan [R-WI-1]

WI • R

Cosponsors

  • Rep. Hudson, Richard [R-NC-9]

    NC • R

    Sponsored 1/12/2026

  • Rep. Griffith, H. Morgan [R-VA-9]

    VA • R

    Sponsored 1/12/2026

  • Rep. Murphy, Gregory F. [R-NC-3]

    NC • R

    Sponsored 1/12/2026

  • Rep. Bice, Stephanie I. [R-OK-5]

    OK • R

    Sponsored 1/12/2026

  • Rep. Carey, Mike [R-OH-15]

    OH • R

    Sponsored 1/12/2026

  • Rep. Miller, Mary E. [R-IL-15]

    IL • R

    Sponsored 1/12/2026

  • Rep. Lee, Laurel M. [R-FL-15]

    FL • R

    Sponsored 1/12/2026

  • Rep. Biggs, Andy [R-AZ-5]

    AZ • R

    Sponsored 1/12/2026

  • Rep. Ogles, Andrew [R-TN-5]

    TN • R

    Sponsored 1/12/2026

  • Rep. Luna, Anna Paulina [R-FL-13]

    FL • R

    Sponsored 1/12/2026

  • Rep. Roy, Chip [R-TX-21]

    TX • R

    Sponsored 1/12/2026

  • Rep. Taylor, David J. [R-OH-2]

    OH • R

    Sponsored 1/12/2026

  • Rep. Van Orden, Derrick [R-WI-3]

    WI • R

    Sponsored 1/12/2026

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 1/12/2026

  • Rep. Johnson, Dusty [R-SD-At Large]

    SD • R

    Sponsored 1/12/2026

  • Rep. Hurd, Jeff [R-CO-3]

    CO • R

    Sponsored 1/12/2026

  • Rep. Joyce, John [R-PA-13]

    PA • R

    Sponsored 1/12/2026

  • Rep. Collins, Mike [R-GA-10]

    GA • R

    Sponsored 1/12/2026

  • Rep. Lawler, Michael [R-NY-17]

    NY • R

    Sponsored 1/12/2026

  • Rep. Baumgartner, Michael [R-WA-5]

    WA • R

    Sponsored 1/12/2026

  • Rep. Cloud, Michael [R-TX-27]

    TX • R

    Sponsored 1/12/2026

  • Rep. Feenstra, Randy [R-IA-4]

    IA • R

    Sponsored 1/12/2026

  • Rep. Franklin, Scott [R-FL-18]

    FL • R

    Sponsored 1/12/2026

  • Rep. Mann, Tracey [R-KS-1]

    KS • R

    Sponsored 1/12/2026

  • Rep. Buchanan, Vern [R-FL-16]

    FL • R

    Sponsored 1/12/2026

  • Rep. Timmons, William R. [R-SC-4]

    SC • R

    Sponsored 1/12/2026

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 1/12/2026

  • Rep. Nunn, Zachary [R-IA-3]

    IA • R

    Sponsored 1/12/2026

  • Rep. Cline, Ben [R-VA-6]

    VA • R

    Sponsored 1/12/2026

  • Rep. Crenshaw, Dan [R-TX-2]

    TX • R

    Sponsored 1/12/2026

  • Rep. Harris, Andy [R-MD-1]

    MD • R

    Sponsored 1/12/2026

  • Rep. Arrington, Jodey C. [R-TX-19]

    TX • R

    Sponsored 1/12/2026

  • Rep. Alford, Mark [R-MO-4]

    MO • R

    Sponsored 1/12/2026

  • Rep. Yakym, Rudy [R-IN-2]

    IN • R

    Sponsored 1/12/2026

  • Rep. Kennedy, Mike [R-UT-3]

    UT • R

    Sponsored 1/12/2026

  • Rep. Miller-Meeks, Mariannette [R-IA-1]

    IA • R

    Sponsored 1/12/2026

  • Rep. James, John [R-MI-10]

    MI • R

    Sponsored 1/12/2026

  • Rep. Mills, Cory [R-FL-7]

    FL • R

    Sponsored 1/12/2026

  • Rep. Cammack, Kat [R-FL-3]

    FL • R

    Sponsored 1/12/2026

  • Rep. Barrett, Tom [R-MI-7]

    MI • R

    Sponsored 1/12/2026

  • Rep. Carter, Earl L. "Buddy" [R-GA-1]

    GA • R

    Sponsored 1/12/2026

  • Rep. LaLota, Nick [R-NY-1]

    NY • R

    Sponsored 1/12/2026

  • Rep. Mackenzie, Ryan [R-PA-7]

    PA • R

    Sponsored 1/12/2026

  • Rep. Schmidt, Derek [R-KS-2]

    KS • R

    Sponsored 1/12/2026

  • Rep. Fedorchak, Julie [R-ND-At Large]

    ND • R

    Sponsored 1/12/2026

  • Rep. Kiggans, Jennifer A. [R-VA-2]

    VA • R

    Sponsored 1/12/2026

  • Rep. Hinson, Ashley [R-IA-2]

    IA • R

    Sponsored 1/12/2026

  • Rep. Rutherford, John H. [R-FL-5]

    FL • R

    Sponsored 1/12/2026

  • Rep. Smith, Christopher H. [R-NJ-4]

    NJ • R

    Sponsored 1/12/2026

  • Rep. Ciscomani, Juan [R-AZ-6]

    AZ • R

    Sponsored 1/12/2026

  • Rep. Kiley, Kevin [I-CA-3]

    CA • I

    Sponsored 1/12/2026

  • Rep. Patronis, Jimmy [R-FL-1]

    FL • R

    Sponsored 1/12/2026

  • Rep. Houchin, Erin [R-IN-9]

    IN • R

    Sponsored 1/12/2026

  • Rep. Riley, Josh [D-NY-19]

    NY • D

    Sponsored 1/12/2026

  • Rep. Harrigan, Pat [R-NC-10]

    NC • R

    Sponsored 1/12/2026

  • Rep. Moolenaar, John R. [R-MI-2]

    MI • R

    Sponsored 1/12/2026

  • Rep. Perry, Scott [R-PA-10]

    PA • R

    Sponsored 1/12/2026

  • Rep. Bean, Aaron [R-FL-4]

    FL • R

    Sponsored 1/12/2026

  • Rep. Flood, Mike [R-NE-1]

    NE • R

    Sponsored 1/12/2026

  • Rep. Self, Keith [R-TX-3]

    TX • R

    Sponsored 1/12/2026

  • Rep. Bresnahan, Robert P. [R-PA-8]

    PA • R

    Sponsored 1/12/2026

  • Rep. Huizenga, Bill [R-MI-4]

    MI • R

    Sponsored 1/12/2026

  • Rep. Bergman, Jack [R-MI-1]

    MI • R

    Sponsored 1/12/2026

  • Rep. Messmer, Mark B. [R-IN-8]

    IN • R

    Sponsored 1/12/2026

  • Rep. Tiffany, Thomas P. [R-WI-7]

    WI • R

    Sponsored 1/12/2026

  • Rep. Grothman, Glenn [R-WI-6]

    WI • R

    Sponsored 1/12/2026

  • Rep. Fitzgerald, Scott [R-WI-5]

    WI • R

    Sponsored 1/12/2026

  • Rep. Smucker, Lloyd [R-PA-11]

    PA • R

    Sponsored 1/12/2026

  • Rep. Strong, Dale W. [R-AL-5]

    AL • R

    Sponsored 1/12/2026

  • Rep. Miller, Max L. [R-OH-7]

    OH • R

    Sponsored 1/12/2026

  • Rep. McDowell, Addison P. [R-NC-6]

    NC • R

    Sponsored 1/12/2026

  • Rep. Wagner, Ann [R-MO-2]

    MO • R

    Sponsored 1/12/2026

  • Rep. Begich, Nicholas J. [R-AK-At Large]

    AK • R

    Sponsored 1/13/2026

  • Rep. Crane, Elijah [R-AZ-2]

    AZ • R

    Sponsored 1/13/2026

  • Rep. LaHood, Darin [R-IL-16]

    IL • R

    Sponsored 1/13/2026

  • Rep. Rogers, Mike D. [R-AL-3]

    AL • R

    Sponsored 1/13/2026

  • Rep. Tenney, Claudia [R-NY-24]

    NY • R

    Sponsored 1/13/2026

  • Rep. Mast, Brian J. [R-FL-21]

    FL • R

    Sponsored 1/13/2026

  • Rep. Gosar, Paul A. [R-AZ-9]

    AZ • R

    Sponsored 1/13/2026

  • Rep. Ellzey, Jake [R-TX-6]

    TX • R

    Sponsored 1/13/2026

  • Rep. Fallon, Pat [R-TX-4]

    TX • R

    Sponsored 1/13/2026

  • Rep. Langworthy, Nicholas A. [R-NY-23]

    NY • R

    Sponsored 1/13/2026

  • Rep. Downing, Troy [R-MT-2]

    MT • R

    Sponsored 1/13/2026

  • Rep. Webster, Daniel [R-FL-11]

    FL • R

    Sponsored 1/13/2026

  • Rep. Fong, Vince [R-CA-20]

    CA • R

    Sponsored 1/20/2026

  • Rep. Crank, Jeff [R-CO-5]

    CO • R

    Sponsored 1/20/2026

  • Rep. Bentz, Cliff [R-OR-2]

    OR • R

    Sponsored 1/21/2026

  • Rep. McCormick, Richard [R-GA-7]

    GA • R

    Sponsored 1/21/2026

  • Rep. Haridopolos, Mike [R-FL-8]

    FL • R

    Sponsored 1/21/2026

  • Rep. Guest, Michael [R-MS-3]

    MS • R

    Sponsored 1/22/2026

  • Rep. Case, Ed [D-HI-1]

    HI • D

    Sponsored 1/27/2026

  • Rep. Van Epps, Matt [R-TN-7]

    TN • R

    Sponsored 1/27/2026

  • Rep. Evans, Gabe [R-CO-8]

    CO • R

    Sponsored 1/27/2026

Roll Call Votes

All Roll Calls

Yes: 496 • No: 463

senate vote • 9/30/2026

On Cloture on the Motion to Proceed H.R. 7008

Yes: 53 • No: 47

house vote • 7/22/2026

On Motion to Recommit

Yes: 211 • No: 218

house vote • 7/22/2026

On Passage

Yes: 232 • No: 198

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