HR 7008 119th Congress
Stop Insider Trading Act
To amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes.
Official Title as Introduced Congress.gov
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Bill journey
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Introduction Congress.gov
Introduced
Introduced in the House.
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Referred to the House Committee on House Administration.
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Introduced in House
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Introduced in House
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Introduced in House
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Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4.
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Committee Consideration and Mark-up Session Held
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Placed on the Union Calendar, Calendar No. 409.
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Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
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Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
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Reported in House
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Official action Congress.gov · 8:33 pm UTC
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.
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Engrossed in House
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Open text recordAmendment Congress.gov
HAMDT 267
On agreeing to the Rules amendment (A001) Agreed to without objection.
Open amendment recordOfficial action Congress.gov · 2:12 pm UTC
Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)
Open bill recordOfficial action Congress.gov · 2:12 pm UTC
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.
Open bill recordOfficial action Congress.gov · 2:13 pm UTC
DEBATE - The House proceeded with one hour of debate on H.R. 7008.
Open bill recordOfficial action Congress.gov · 3:13 pm UTC
The previous question was ordered pursuant to the rule.
Open bill recordOfficial action Congress.gov · 3:14 pm UTC
Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)
Open bill recordOfficial action Congress.gov · 3:14 pm UTC
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Open bill recordOfficial action Congress.gov · 3:14 pm UTC
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.
Open bill recordOfficial action Congress.gov · 4:38 pm UTC
Considered as unfinished business. (consideration: CR H5157-5158)
Open bill recordOfficial action Congress.gov · 4:44 pm UTC
On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).
Open bill recordOfficial action Congress.gov · 4:52 pm UTC
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)
Open bill recordOfficial action Congress.gov · 4:52 pm UTC
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).
Open bill recordOfficial action Congress.gov · 4:52 pm UTC
Motion to reconsider laid on the table Agreed to without objection.
Open bill recordHouse roll call Congress.gov · 8:43 pm UTC
House roll 279
On Motion to Recommit
Open House roll callHouse roll call Congress.gov · 8:51 pm UTC
House roll 280
On Passage
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Received in the Senate.
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Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.
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Placed on Calendar Senate
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Open text record
View the complete bill journey as an accessible table
| Date and time | Record | Official detail | Source |
|---|---|---|---|
| IntroductionIntroduced | Introduced in the House. | Congress.gov | |
| Official actionReferred to the House Committee on House Administration. | No additional detail supplied.IntroReferral · House floor actions · Code H11100 | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code Intro-H | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code 1000 | Congress.gov | |
| Text versionIntroduced in House | A dated text-version record is available. | Congress.gov | |
| Official actionOrdered to be Reported (Amended) by the Yeas and Nays: 7 - 4. | No additional detail supplied.Committee · House committee actions · Code H19000 | Congress.gov | |
| Official actionCommittee Consideration and Mark-up Session Held | No additional detail supplied.Committee · House committee actions · Code H15001 | Congress.gov | |
| Official actionPlaced on the Union Calendar, Calendar No. 409. | No additional detail supplied.Calendars · House floor actions · Code H12410 | Congress.gov | |
| Official actionReported (Amended) by the Committee on House Administration. H. Rept. 119-479. | No additional detail supplied.Committee · House floor actions · Code H12200 | Congress.gov | |
| Official actionReported (Amended) by the Committee on House Administration. H. Rept. 119-479. | No additional detail supplied.Committee · Library of Congress · Code 5000 | Congress.gov | |
| Text versionReported in House | A dated text-version record is available. | Congress.gov | |
| Official actionRules 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. | No additional detail supplied.Floor · House floor actions · Code H1L210 | Congress.gov | |
| Text versionEngrossed in House | A dated text-version record is available. | Congress.gov | |
| AmendmentHAMDT 267 | On agreeing to the Rules amendment (A001) Agreed to without objection. | Congress.gov | |
| Official actionConsidered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153) | No additional detail supplied.Floor · House floor actions · Code H30000 | Congress.gov | |
| Official actionRule 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. | No additional detail supplied.Floor · House floor actions · Code H8D000 | Congress.gov | |
| Official actionDEBATE - The House proceeded with one hour of debate on H.R. 7008. | No additional detail supplied.Floor · House floor actions · Code H8D000 | Congress.gov | |
| Official actionThe previous question was ordered pursuant to the rule. | No additional detail supplied.Floor · House floor actions · Code H35000 | Congress.gov | |
| Official actionMr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152) | No additional detail supplied.Floor · House floor actions · Code H36200 | Congress.gov | |
| Official actionThe previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX. | No additional detail supplied.Floor · House floor actions · Code H8A000 | Congress.gov | |
| Official actionPOSTPONED 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. | No additional detail supplied.Floor · House floor actions · Code H8D000 | Congress.gov | |
| Official actionConsidered as unfinished business. (consideration: CR H5157-5158) | No additional detail supplied.Floor · House floor actions · Code H30000 | Congress.gov | |
| Official actionOn motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279). | No additional detail supplied.Floor · House floor actions · Code H36210 | Congress.gov | |
| Official actionOn passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280). (text of amendment in the nature of a substitute: CR H5143-5144) | No additional detail supplied.Floor · House floor actions · Code H37100 | Congress.gov | |
| Official actionPassed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280). | No additional detail supplied.Floor · Library of Congress · Code 8000 | Congress.gov | |
| Official actionMotion to reconsider laid on the table Agreed to without objection. | No additional detail supplied.Floor · House floor actions · Code H38310 | Congress.gov | |
| House roll callHouse roll 279 | On Motion to RecommitFailed | Congress.gov | |
| House roll callHouse roll 280 | On PassagePassed | Congress.gov | |
| Official actionReceived in the Senate. | No additional detail supplied.IntroReferral · Senate | Congress.gov | |
| Official actionRead the first time. Placed on Senate Legislative Calendar under Read the First Time. | No additional detail supplied.Calendars · Senate | Congress.gov | |
| Official actionRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548. | No additional detail supplied.Calendars · Senate | Congress.gov | |
| Text versionPlaced on Calendar Senate | A dated text-version record is available. | Congress.gov |
House roll calls join only on matching Congress, legislation type, and number. Senate roll calls join only on matching source-supplied document type and number, not question text. Committee and related-measure relationships have no date in their relationship records and therefore are counted above but never placed on the chronology.
Congressional Research Service
CRS summary
Stop Insider Trading ActThis 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.
Official documents
Text versions
- Placed on Calendar SenateAug 6, 2026
- Engrossed in HouseJul 22, 2026
- Reported in HouseFeb 3, 2026
- Introduced in HouseJan 12, 2026