Other
Stop Insider Trading Act
Members of Congress, their spouses, and dependent children would be barred from buying individual company stocks, and they would have to give 7 to 14 days of advance public notice before selling any shares they already own. Lawmakers who violate these investment rules would face personal fines of at least $2,000 plus any profits made, which cannot be paid using campaign donations or taxpayer-funded office accounts. Additionally, the measure establishes nationwide photo identification requirements for federal elections, requiring voters to present an approved government photo ID at the polls or submit an ID copy, Social Security affidavit, or notary signature with mail-in ballots.
People affected—The bill directly regulates all individuals voting in federal elections nationwide as well as all Members of Congress and their spouses and dependent children, but the text contains no quantified count of these populations.
Fiscal magnitude—The bill establishes a civil penalty of at least $2,000 (or 10% of transaction value plus net gain) for congressional trading violations, but does not specify total revenue estimates or appropriate any federal funds.
Reach82provisional · pending reviewrigor: heuristic llm
What this bill touches.
Election rules−65Federal vs. state/local+55Ethics & oversight+60
Who it helps · who it burdens.
Who it helps
- Voters needing copies of photo identificationGain free public access to digital imaging devices (printers, copiers, and scanners) at government buildings like libraries, courts, and police stations to copy their photo identification for voting (Sec. 3(a)(1)(303A)(b)).
Who it burdens
- Members of CongressProhibited from purchasing covered investments such as publicly traded stocks and derivatives, required to give 7 to 14 days advance public notice before selling covered investments, and subject to personal fines and forfeiture of realized profits for violations (Sec. 2(b)(IV)(13152), Sec. 2(b)(IV)(13153)).
- Spouses and dependent children of Members of CongressRestricted from purchasing covered investments and required to have sales noticed 7 to 14 days in advance by the Member of Congress, subject to exceptions for employment compensation and occupational trading duties (Sec. 2(b)(IV)(13151)(1)(B), Sec. 2(b)(IV)(13152)).
- In-person federal election votersMust present a valid physical photo identification to obtain a standard federal election ballot, or cast a provisional ballot and present ID or a religious objection affidavit within three days (Sec. 3(a)(1)(303A)(a)(1)).
- Mail-in and absentee federal election votersMust submit a copy of an approved photo ID, provide the last four digits of their SSN along with an affidavit attesting to an inability to obtain ID, or obtain a notary seal on their ballot, unless exempt as military, overseas, or qualifying voters with disabilities (Sec. 3(a)(1)(303A)(a)(2)).
- State and local election authoritiesMust verify voter photo identification, ensure free public access to digital imaging devices in public buildings (such as courts, libraries, and police stations), and inform voter registration applicants of photo ID rules (Sec. 3(a)(1)(303A)(a)-(c)).
Who backs it
- State and local governmentsRequired to finance and provide free public access to digital imaging equipment (such as copiers, printers, and scanners) in government buildings so voters can copy their photo identification (Sec. 3(a)(1)(303A)(b)).