# 119-hres-725: Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.

119-hres-725, Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes., is a 119th Congress bill sponsored by Rep. Luna, Anna Paulina [R-FL-13] (R-FL); status introduced; PRIA reads it as touching household money (as of 2026-04-23).

- Canonical: https://policyrisk.com/legislation/119-hres-725
- As of: 2026-04-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hres-725
- Congress: 119
- Title: Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.
- Status: introduced
- Introduced: 2025-09-16
- Sponsor: Rep. Luna, Anna Paulina [R-FL-13] (R-FL)
- Cosponsors: 0
- Policy area: unknown
- Touches household money: yes
- Last recorded action: 2026-04-23

## Summary

**Ban on owning or trading many types of investments by Members of Congress and close family**. The bill would create rules to force divestment, allow narrow exemptions, require certificates of compliance, and impose penalties to curb conflicts of interest. - Members, spouses, and dependent children would be barred from purchasing or holding most "covered investments." Those already covered would have 180 days to divest and anyone who becomes covered later would have 90 days to divest. - Spouses and dependent children may still trade if the activity is their primary occupation and the asset is not owned by the covered individual. Family trusts can qualify for exemptions only if they meet strict conditions and are certified by the ethics office. - Supervising ethics offices would issue certificates of divestiture, publish fine descriptions and outcomes, and may grant limited extensions for liquidity or vesting. Violations would trigger a 10 percent fee on the investment value plus disgorgement, paid to the U.S. Treasury, and fines cannot be paid with representational allowances or campaign funds.

## Provisions PRIA read

- Ban on Members' stock trading: cost, high. If adopted, this resolution would bar Members of Congress, their spouses, and dependent children from owning or trading most stocks, commodities, futures, or similar investments while serving. It would ban new purchases. Covered individuals would have to divest covered investments at fair market va…
- Penalties and public disclosure rules: cost, medium. If adopted, this resolution would make violators pay a fee equal to 10% of the covered investment's value and disgorge any profits from violating trades. Disgorged money would go to the U.S. Treasury. Members could not pay penalties with their office allowance or campaign contributions. Each superv…

## Related bills

- 119-hr-8324: Great American Healthcare Plan
- 119-hr-1144: Frederick Douglass Trafficking Victims Prevention and Protection Reauthorization Act of 2025
- 119-hr-687: MERIT Act of 2025
- 119-hr-4123: FIT Procurement Act
- 119-hr-8827: ASSIMILATION Act
- 119-hr-9298: Stopping Harmful and Outrageous Torts Act

## Sources
- [119-hres-725 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-resolution/725)

## Related
- [119-hr-8324: Great American Healthcare Plan](https://policyrisk.com/legislation/119-hr-8324)
- [119-hr-1144: Frederick Douglass Trafficking Victims Prevention and Protection Reauthorizatio…](https://policyrisk.com/legislation/119-hr-1144)
- [119-hr-687: MERIT Act of 2025](https://policyrisk.com/legislation/119-hr-687)
- [119-hr-4123: FIT Procurement Act](https://policyrisk.com/legislation/119-hr-4123)
- [119-hr-8827: ASSIMILATION Act](https://policyrisk.com/legislation/119-hr-8827)
- [119-hr-9298: Stopping Harmful and Outrageous Torts Act](https://policyrisk.com/legislation/119-hr-9298)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hres-725 (as of 2026-04-23).