Bill Sponsor
House Bill 6694
117th Congress(2021-2022)
STOCK Act 2.0
Introduced
Introduced
Introduced in House on Feb 9, 2022
Overview
Text
Introduced
Feb 9, 2022
Latest Action
Nov 1, 2022
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6694
Congress
117
Policy Area
Congress
Congress
Primary focus of measure is Members of Congress; general congressional oversight; congressional agencies, committees, operations; legislative procedures; U.S. Capitol. Measures concerning oversight and investigation of specific matters may fall under the issue-specific relevant policy area.
Sponsorship by Party
Democrat
California
Democrat
District of Columbia
Democrat
New York
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

STOCK Act 2.0

This bill expands restrictions on investment practices and requirements for financial disclosures that apply to specified high-level government officials.

In particular, the bill bars individual stock trading by (1) Members of Congress, (2) the President and Vice President, (3) Supreme Court Justices, (4) governors of the Federal Reserve Board, and (5) presidents and vice presidents of Federal Reserve banks.

Additionally, the bill requires financial disclosures to include loans, contracts, and other benefits (excluding salaries, compensation, or tax refunds) from the federal government. It also requires additional officials, namely judges and senior leaders of Federal Reserve banks, to make the disclosures.

Further, the bill directs supervising ethics agencies to make the disclosures publicly available in formats that are easily searchable, sortable, and downloadable.

Text (1)
February 9, 2022
Actions (3)
11/01/2022
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
02/09/2022
Referred to the Committee on Oversight and Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
02/09/2022
Introduced in House
Public Record
Record Updated
Mar 30, 2023 2:50:00 PM