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H.R. 7008Passed House

Stop Insider Trading Act

Introduced: Jan 12, 2026

Latest action date: Aug 6, 2026

Latest development

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.

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Congress
119th Congress
Introduced
Jan 12, 2026
Recorded roll calls
2

Status detail: The full action history records passage in the House.

Plain-language overview

What this bill does

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 If the individual decides not to sell the covered investment, the notice must be withdrawn.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.

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Congress

View 6 official legislative subjects
Family relationshipsFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities

Committee activity

Committees and subcommittees that received, reviewed, marked up, or reported this legislation.

houseStanding

Committee on House Administration

Official committee record ↗
  1. Referred To
  2. Markup By
  3. Reported By
  4. Unknown
  5. Unknown

Amendments

Proposed changes to this measure, with their latest official outcome or action from Congress.gov.

View amendments1 amendment
H.Amdt. 267houseAgreed toJul 22, 2026

Pursuant to the provisions of H. Res. 1438, in lieu of the amendment in the nature of a substitute recommended by the Committee on House Administration now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-38, modified by the amendment printed in part B of report 119-755, is considered adopted.

Latest action: On agreeing to the Rules amendment (A001) Agreed to without objection.

Congress.gov ↗

Checked against Congress.gov Sep 16, 2026.

Action timeline

Newest action first. Action language comes from the official Congress.gov record.

View full action timeline24 actions
  1. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.

    CalendarsSenate
  2. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    CalendarsSenate
  3. Received in the Senate.

    IntroReferralSenate
  4. Motion to reconsider laid on the table Agreed to without objection.

    FloorHouse floor actions
  5. 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)

    FloorHouse floor actions
  6. Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).

    FloorLibrary of Congress
  7. On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).

    FloorHouse floor actions
  8. Considered as unfinished business. (consideration: CR H5157-5158)

    FloorHouse floor actions
  9. 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.

    FloorHouse floor actions
  10. The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

    FloorHouse floor actions
  11. Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)

    FloorHouse floor actions
  12. The previous question was ordered pursuant to the rule.

    FloorHouse floor actions
  13. DEBATE - The House proceeded with one hour of debate on H.R. 7008.

    FloorHouse floor actions
  14. 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.

    FloorHouse floor actions
  15. Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)

    FloorHouse floor actions
  16. 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.

    FloorHouse floor actions
  17. Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.

    CommitteeLibrary of Congress
  18. Placed on the Union Calendar, Calendar No. 409.

    CalendarsHouse floor actions
  19. Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.

    CommitteeHouse floor actions
  20. Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4.

    CommitteeHouse committee actions
  21. Committee Consideration and Mark-up Session Held

    CommitteeHouse committee actions
  22. Referred to the House Committee on House Administration.

    IntroReferralHouse floor actions
  23. Introduced in House

    IntroReferralLibrary of Congress
  24. Introduced in House

    IntroReferralLibrary of Congress

Roll-call votes

Recorded House and Senate votes connected to this bill. Your representatives appear first when available.

FailedJul 22, 2026House · Roll call 279

On Motion to Recommit

Vote source ↗
218 Nay211 Yea2 Not Voting
View 431 recorded positions
Andy BiggsNot Voting
PassedJul 22, 2026House · Roll call 280

On Passage

Vote source ↗
232 Yea198 Nay1 Not Voting
View 431 recorded positions

Discussion

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Sources: Congress.gov and official House and Senate vote records.

View data freshness details

Base metadata checked Sep 16, 2026 · Summary checked Sep 16, 2026 · Action timeline checked Sep 16, 2026 · Sponsorship checked Sep 16, 2026 · Topics checked Sep 16, 2026 · Committees checked Sep 16, 2026 · Status checked Sep 16, 2026 · Related bills checked Sep 16, 2026.