The bill, if passed, will enact the "Stop Insider Trading Act," imposing restrictions on covered investments for Members of Congress and their families. It prohibits the purchase of covered investments during federal service, requires advance notice of covered investment sales, and outlines exceptions for occupational trading and dividend reinvestments. Violations would lead to penalties and potential forced sales of investments. The bill also introduces photo identification requirements for individuals voting in elections for federal office, including provisions regarding acceptable identification forms and access to digital imaging devices for making copies of valid photo identifications. These requirements would apply to both in-person and absentee voting.

The bill is set to take effect 180 days after enactment for the restrictions on covered investments and 90 days after enactment for the voter photo identification requirements.