No Cashing In Act
Sponsored By: Representative Pappas, Chris [D-NH-1]
Introduced
Summary
Limits former Members' ability to cash in on lobbying. This bill would tie a former Member's federal annuity to any income they receive from major lobbying firms and extend financial disclosure rules for up to 10 years.
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- Former Members of Congress: Must file an annual financial disclosure for 10 years or for as long as they receive an annuity. Their annuity would be reduced by the amount equal to any income they received in the prior calendar year from a substantial lobbying entity for services rendered.
- Substantial lobbying entities: Defined as companies with more than three lobbyists or that spend more than $10,000 on lobbying in a year. Companies that meet that threshold would trigger annuity offsets when they pay former Members.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Former Members' pensions cut for lobbying pay
If enacted, former Members of Congress would have to file the annual financial disclosure each year for ten years. The filing would continue for as long as they receive a federal annuity if that lasts longer. Their federal annuity under chapter 83 or 84 would be reduced dollar-for-dollar by any income they received the previous calendar year for services to a "substantial lobbying entity." A "substantial lobbying entity" would be a company with more than three lobbyists or with over $10,000 in lobbying spending in one year. The bill would use existing federal law to define "lobbyist" and "Member of Congress" by reference.
Sponsors & CoSponsors
Sponsor
Pappas, Chris [D-NH-1]
NH • D
Cosponsors
Rep. Nunn, Zachary [R-IA-3]
IA • R
Sponsored 6/30/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov