Bills · HR 3182
IN COMMITTEE· 119TH CONGRESS
House BillHR 3182Congress
To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.
INTRO MAY 5· LAST ACTION MAY 5
READING
3MIN
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- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters to voters because it directly addresses concerns about potential conflicts of interest and insider trading by elected officials. Many Americans worry that lawmakers might use privileged information gained through their work in Congress to make profitable investment decisions for themselves or their families.
If this bill becomes law, it could significantly enhance public trust in Congress by creating stricter ethical boundaries around financial dealings. It would ensure that lawmakers' decisions are perceived as being solely for the public good, rather than influenced by personal financial gain. If it doesn't pass, the current system, which relies on disclosure of trades rather than outright prohibition for most assets, would continue, potentially leaving room for ongoing public skepticism about financial ethics in government.
KEY PROVISIONS
5AI-extractedPROVISION 01
Prohibits Members of Congress and their spouses from buying or selling individual stocks, security futures, commodities, or derivatives during the member's term in office.
This directly targets the core issue of perceived conflicts of interest and insider trading by government officials.
PROVISION 02
Allows Members and their spouses to hold individual covered financial instruments that they owned before the start of the member's term, but they cannot buy or sell them during their service.
This provides a mechanism for existing holdings without forcing immediate divestment, while still preventing active trading.
PROVISION 03
Exempts investments in diversified mutual funds, diversified exchange-traded funds (ETFs), the Thrift Savings Plan, and U.S. Treasury bills, notes, or bonds from the prohibition.
This ensures lawmakers can still invest their savings in broad, less conflicted ways, without engaging in individual stock picking.
PROVISION 04
Exempts investments held in a qualified blind trust from the trading and holding prohibitions.
This offers an alternative for managing complex assets without the owner having knowledge or control over specific trades.
PROVISION 05
Subjects Members of Congress who violate the prohibition to a civil fine.
This establishes clear consequences for non-compliance with the new investment rules.
SPONSORSHIP
1 + 0
R· Pennsylvania
YRS IN OFFICE
1
BILLS LED
22
ACTION TIMELINE
2 EVENTSMAY 5
Introduced in House
MAY 5
Referred to the House Committee on House Administration.
BILL INFO
TypeHouse Bill
NumberHR 3182
Congress119th
StatusIn Committee
IntroducedMay 5, 2025
Last actionMay 5, 2025
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IN COMMITTEE· 119TH CONGRESS · COMMITTEE ON HOUSE ADMINISTRATION · INTRODUCED MAY 5, 2025
House BillHR 3182Congress
To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.
INTRODUCED MAY 5, 2025· LAST ACTION MAY 5, 2025
PASSAGE CHANCES
—%
READING
3 min
COSPONSORS
0
COMPLEXITY
Moderate
