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HR-7008 119th Congress

Stop Insider Trading Act

Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.

  1. Introduced
  2. Committee
  3. House
  4. Senate
  5. President
  6. Law

Official Summary

Stop Insider Trading Act This bill generally prohibits Members of Congress and their spouses and dependent children from purchasing stocks and requires public notice before these individuals may sell stocks. Specifically, Members of Congress and the spouses and dependent children of Members of Congress may not purchase covered investments. Between 7 and 14 days before a Member or a covered spouse or dependent sells a covered investment, the relevant Member must file public notice of the intent to sell with the Clerk of the House of Representatives or the Secretary of the Senate, as appropriate. The Clerk or Secretary must publish this notice online. If the individual decides not to sell the covered investment, the notice must be withdrawn. Under the bill, a covered investment is a security issued by a publicly traded company or a comparable economic interest. Some investments are exempt, including interest in a widely held investment fund and certain investments held in a trust. Violations of these provisions are subject to a fee and, in the case of a purchase, a requirement to sell the covered investment. The fee must equal (1) the greater of $2,000 or 10% of the transaction value, and (2) any net gain realized from the transaction during a specified period. The fee may not be paid using campaign donations or Members’ official allowances. Certain transactions by covered spouses and dependents are exempt, including transactions made on behalf of another person or made as part of compensation from the individual’s employer.

Actions

  1. Sep 30, 2026 · Senate
    Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.
  2. Sep 28, 2026 · Senate
    Motion to proceed to consideration of measure withdrawn in Senate.
  3. Sep 28, 2026 · Senate
    Cloture motion on the motion to proceed to the measure presented in Senate. (CR S5065)
  4. Sep 28, 2026 · Senate
    Motion to proceed to consideration of measure made in Senate. (CR S5065)
  5. Aug 6, 2026 · Senate
    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.
  6. Aug 5, 2026 · Senate
    Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
  7. Jul 23, 2026 · Senate
    Received in the Senate.
  8. Jul 22, 2026 · House
    Motion to reconsider laid on the table Agreed to without objection.
  9. Jul 22, 2026 · House
    On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280). (text of amendment in the nature of a substitute: CR H5143-5144)
  10. Jul 22, 2026 · House
    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).
  11. Jul 22, 2026 · House
    On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).
  12. Jul 22, 2026 · House
    Considered as unfinished business. (consideration: CR H5157-5158)
  13. Jul 22, 2026 · House
    POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 7008, the Chair put the question on motion to recommit and by voice vote, announced the ayes had prevailed. Mr. Steil demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
  14. Jul 22, 2026 · House
    The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
  15. Jul 22, 2026 · House
    Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)
  16. Jul 22, 2026 · House
    The previous question was ordered pursuant to the rule.
  17. Jul 22, 2026 · House
    DEBATE - The House proceeded with one hour of debate on H.R. 7008.
  18. Jul 22, 2026 · House
    Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.
  19. Jul 22, 2026 · House
    Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)
  20. Jul 20, 2026 · House
    Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.
  21. Feb 3, 2026 · House
    Placed on the Union Calendar, Calendar No. 409.
  22. Feb 3, 2026 · House
    Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
  23. Feb 3, 2026 · House
    Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
  24. Jan 14, 2026 · House
    Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4.
  25. Jan 14, 2026 · House
    Committee Consideration and Mark-up Session Held

Roll Call Votes

Full Text & Official Record

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