Congress·In Committee·H.R. 1599

Dismantling Investments in Violation of Ethical Standards through Trusts Act

Congress proposes ban on stock-like trading for top federal staff and families, with public compliance reports

Feb 26, 2025·View on Congress.gov·Read full text

This bill is one vehicle in a longer effort. See the full story across every version.View effort →

StalledNext up: A house committeeNo action in 16 months

This bill is currently sitting in the House committees where it was sent in February 2025. It is considered stalled because no action has been taken on it for 16 months. The House committees must review the bill before it can move forward, but most bills like this never receive a vote.

Legislative Progress

House

No action since February 2025

Senate

President

Law

How we got here

This bill’s path across every version that has carried it.

Reintroduced
Reintroduced from H.R. 310 (118th), which died when its Congress ended.
H.R. 310 (118th) →

Key Points

Bans Senior Executive Service employees, and their spouses and dependent kids, from owning or trading most individual stocks, commodities, and similar products while the employee is in the job.
Allows certain safer or broader investments, like diversified mutual funds and diversified exchange-traded funds, plus U.S. Treasury bills, notes, and bonds.
Gives people 180 days to sell covered investments, or they can place them in a qualified blind trust to stay in compliance.
Requires yearly written compliance certifications and puts those certifications online for the public to see.
Adds penalties for breaking the rules, including paying back profits to the Treasury and civil fines of at least $1,000 or 10% of the investment’s value, and calls for an audit within 2 years.

Consumer ProtectionCivil RightsTaxes

Impact Analysis

Personal Impact

How this policy affects specific groups of people

Negative Impacts(1)

Child Tax Credit

Hurts

Mixed Impacts(2)

Federal Employee

Neutral

Small Business Owner

Neutral

Milestones

2 milestones2 actions

Feb 26, 2025House

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.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Feb 26, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Source Information

Document Type

Congressional Bill

Official Title

Dismantling Investments in Violation of Ethical Standards through Trusts Act

Bill NumberHR 1599

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred 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.