# 119-hr-9989: CITE Act of 2026

119-hr-9989, CITE Act of 2026, is a 119th Congress bill sponsored by Rep. Mackenzie, Ryan [R-PA-7] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/legislation/119-hr-9989
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9989
- Congress: 119
- Title: CITE Act of 2026
- Status: introduced
- Introduced: 2026-07-30
- Sponsor: Rep. Mackenzie, Ryan [R-PA-7] (R-PA)
- Cosponsors: 0
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-08-13

## Summary

**Divest or use a qualified blind trust within 90 days** to stop federal candidates from holding individual securities that could create conflicts of interest. The bill lays out which investments are covered or exempt and requires written certification of compliance. - Candidates, their spouses, and dependent children would have to divest covered investments or transfer them into a qualified blind trust within 90 days of filing. Exempt assets include broad index funds, U.S. Treasury securities, CDs, money market funds, and defined benefit pensions. - Candidates would be barred from buying new covered investments while they are a candidate. Inheritances are allowed only if the asset is divested or put into a qualified blind trust within 90 days and purchases inside an established blind trust are allowed. - The House and Senate ethics committees and the Office of Government Ethics would issue rules within 180 days after enactment to define qualified trusts, review certifications, and consider hardship waivers in extraordinary cases.

## Provisions PRIA read

- Ethics offices must write rules: benefit, low. If enacted, the House and Senate ethics committees and the Office of Government Ethics would have 180 days after enactment to issue rules to carry out the bill. The rules must spell out how to file and review the required certifications and how to judge whether a trust qualifies as a qualified blin…
- Existing insider-trading rules still apply: benefit, low. If enacted, the bill would say that nothing in it is meant to limit the STOCK Act or other federal insider trading, conflict-of-interest, or financial disclosure laws. The Act would be read together with chapter 131 of title 5 and existing candidate disclosure rules so those laws continue to apply.
- Who and which investments count: benefit, low. If enacted, the bill would define who is a candidate and which assets are covered. A covered individual would include the candidate, their spouse, and dependent children. Covered investments would include public company stocks, bonds, options, and ETFs holding individual securities. The bill would…
- Candidates must divest or use blind trusts: cost, low. If enacted, candidates and their spouse or dependent children would need to divest covered investments or place them in a qualified blind trust within 90 days after they file to run. The trust must follow the statute for a qualified blind trust, have an independent trustee, and prevent the candidat…
- When the rules would take effect: mixed, low. If enacted, the Act would take effect 180 days after it is signed. The rules would apply to anyone who files to run for federal office on or after that date. That timeline gives future candidates time to plan but also creates a clear deadline when divestiture, trust placement, and certification dut…

## Related bills

- 119-hr-9086: Foreign Service Modernization Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-4317: PBM Reform Act of 2025
- 119-hr-9224: Child Care Modernization Act of 2026
- 119-hr-8615: FLEETS Now Act
- 119-hr-1144: Frederick Douglass Trafficking Victims Prevention and Protection Reauthorization Act of 2025

## Sources
- [119-hr-9989 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9989)

## Related
- [119-hr-9086: Foreign Service Modernization Act](https://policyrisk.com/legislation/119-hr-9086)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-4317: PBM Reform Act of 2025](https://policyrisk.com/legislation/119-hr-4317)
- [119-hr-9224: Child Care Modernization Act of 2026](https://policyrisk.com/legislation/119-hr-9224)
- [119-hr-8615: FLEETS Now Act](https://policyrisk.com/legislation/119-hr-8615)
- [119-hr-1144: Frederick Douglass Trafficking Victims Prevention and Protection Reauthorizatio…](https://policyrisk.com/legislation/119-hr-1144)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9989 (as of 2026-08-13).