3.0.0 1599 2026-01-29T14:52:09Z 2026-01-29T14:52:09Z House H HR 2025-02-26 119 https://www.congress.gov/bill/119th-congress/house-bill/1599 <pre>[Congressional Record Volume 171, Number 38 (Wednesday, February 26, 2025)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. CLOUD:H.R. 1599.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H879]</pre> hswm00 Ways and Means Committee House Standing Referred To 2025-02-26T15:03:30Z hsgo00 Oversight and Government Reform Committee House Standing Referred To 2025-02-26T15:03:25Z 2025-02-26 Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2025-02-26 Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, 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. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Government Reform Committee 2025-02-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-02-26 Introduced in House IntroReferral 1000 9 Library of Congress C001115 Rep. Cloud, Michael [R-TX-27] Michael Cloud R TX 27 N G000592 Rep. Golden, Jared F. [D-ME-2] Jared Golden D ME F. 2 2025-02-26 True S001224 Rep. Self, Keith [R-TX-3] Keith Self R TX 3 2025-02-26 True B001317 Rep. Brecheen, Josh [R-OK-2] Josh Brecheen R OK 2 2025-02-26 True C001039 Rep. Cammack, Kat [R-FL-3] Kat Cammack R FL 3 2025-02-26 True Government Operations and Politics Commodities markets 2025-07-24T14:37:57Z Family relationships 2025-07-24T14:37:36Z Federal officials 2025-07-24T14:37:27Z Financial services and investments 2025-07-24T14:37:42Z Government employee pay, benefits, personnel management 2025-07-24T14:37:32Z Government ethics and transparency, public corruption 2025-07-24T14:37:49Z Securities 2025-07-24T14:37:53Z Government Operations and Politics 2025-05-07T14:05:14Z

00 2025-02-26 Introduced in House 2026-01-29T14:51:55Z <p><strong>Dismantling Investments in Violation of Ethical Standards through Trusts Act</strong></p><p>This bill prohibits a senior federal employee or an employee's spouse or dependent children from holding, purchasing, or selling certain financial instruments during the employee's term of service.&nbsp;(A senior federal employee is defined as any individual occupying a Senior Executive Service position.)</p><p>Financial instruments covered by this prohibition include any investments in securities, security futures, commodities, or comparable economic interests acquired through synthetic means such as the use of derivatives.&nbsp;The prohibition does not apply to&nbsp;such instruments if they are held in a qualified blind trust or fall below certain<em>&nbsp;</em>value thresholds. Additionally, the prohibition does not apply to diversified mutual funds, diversified exchange-traded funds, specified Treasury debt securities, or compensation from the primary occupation of a spouse or child. The bill provides a 180-day window for individuals affected by the bill to sell any prohibited financial instruments.</p><p>Any profit made in violation of the prohibition must be disgorged (given)&nbsp;to the Treasury and may subject the individual to a civil fine&nbsp;assessed by the supervising ethics office.&nbsp;A loss from a transaction or holding conducted in violation of this bill may not be deducted from the amount of income tax owed by the applicable senior federal employee, spouse, or dependent child.</p><p>The bill requires each senior federal employee to annually certify compliance, including the compliance of the employee's spouse and dependent children. The Government Accountability Office must conduct a&nbsp;compliance audit.</p>

Display Title 45 2025-03-17T12:53:29Z Short Title(s) as Introduced 101 2025-03-17T12:53:23Z Introduced in House IH Official Title as Introduced 6 2025-03-17T12:48:30Z Introduced in House IH Introduced in House 2025-02-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr1599ih/xml/BILLS-119hr1599ih.xml 2025-02-26 Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, 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. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.