[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 3451 Introduced in Senate (IS)]

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115th CONGRESS
  2d Session
                                S. 3451

   To prohibit Members of Congress from buying or selling individual 
                              securities.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 17, 2018

   Mr. Sasse introduced the following bill; which was read twice and 
referred to the Committee on Homeland Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
   To prohibit Members of Congress from buying or selling individual 
                              securities.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Congressional Anti-Corruption Act''.

SEC. 2. PROHIBITION ON BUYING OR SELLING INDIVIDUAL SECURITIES.

    (a) In General.--No member of Congress may buy or sell any 
individual security.
    (b) Widely Held Investment Funds.--Subsection (a) shall not apply 
to the buying or selling of any widely held investment fund described 
in section 102(f)(8) of the Ethics in Government Act of 1978 (5 U.S.C. 
App.).
    (c) Penalty.--Whoever violates this section shall be fined not more 
than $1,000,000, imprisoned for not more than 5 years, or both.
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