United StatesCongressional families face stock limits; federal voters show ID
Members of Congress and their families would face limits on stock trades, while voters in federal elections would generally need photo ID or other specified proof.
What it does
Members of Congress and their families could not buy most publicly traded company investments. A sale would require public notice 7 to 14 days ahead, with exceptions for some job-related trades and dividend reinvestment.
People voting in federal elections would generally need accepted photo ID at the polls or send ID-related proof with another kind of ballot. Some voters, including military voters overseas, are exempt.
Argument forPublic advance notice of planned stock sales could help people see when lawmakers or their families plan to sell company shares.
Argument againstVoters who lack accepted photo ID could have trouble getting an in-person ballot counted or meeting the added steps for voting by mail.
More detail
Members of Congress and their spouses or dependent children could not buy covered investments, and each planned sale would require public advance notice. The rules cover Members of Congress, their spouses, and their dependent children. Covered investments generally include shares of publicly traded companies and similar interests created through financial contracts, with listed exceptions for some funds, small businesses, and trusts. A spouse or dependent child may trade when the investment is not owned by a covered individual and the trade is part of that person's main job, or when it is part of pay or an occupational or fiduciary duty. The purchase ban does not cover automatic or prompt reinvestment of dividends in the same investment. If the supervising ethics office directs enforcement, the fee includes at least $2,000 or 10 percent of the transaction value, whichever is greater, plus any net gain; an unlawful purchase must also be sold. The restrictions would take effect 180 days after enactment.
States and local election officials would require photo ID for in-person federal voting and ID-related information with ballots cast another way. The rules apply to elections for federal office. Accepted ID includes a current state driver's license or ID card, U.S. passport, certain federal ID cards, or a qualifying Tribal government ID. A voter without ID at the polls could cast a provisional ballot, but must show ID or provide a state affidavit citing a religious objection to being photographed within 3 days for the ballot to be counted under this rule. For other voting, a voter must send a copy of photo ID, or the last four Social Security digits with a state affidavit after reasonable efforts to get ID, or a notary's statement that the voter marked the ballot personally. These requirements do not apply to absent uniformed services voters or certain voters who qualify to vote remotely because of age or disability. States must make free copying devices available at government buildings to the extent practicable. The requirements would take effect 90 days after enactment.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 30Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.Latest
- Vote recorded On Cloture on the Motion to Proceed H.R. 7008. Result: Cloture on the Motion to Proceed Rejected.Senate
- Sep 28Motion to proceed to consideration of measure made in Senate. (CR S5065)
- Sep 28Cloture motion on the motion to proceed to the measure presented in Senate. (CR S5065)
- Sep 28Motion to proceed to consideration of measure withdrawn in Senate.
- Aug 6Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.
- Aug 5Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
- Jul 23Received in the Senate.
- Jul 22Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)
- Vote recorded On Passage. Result: Passed.House
- Vote recorded On Motion to Recommit. Result: Failed.House
- Jul 22Rule 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.
- Jul 22DEBATE - The House proceeded with one hour of debate on H.R. 7008.
- Jul 22The previous question was ordered pursuant to the rule.
- Jul 22Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)
- Jul 22The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- Jul 22POSTPONED 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.
- Jul 22Considered as unfinished business. (consideration: CR H5157-5158)
- Jul 22On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).
- Jul 22Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).Passed House
- Jul 22On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280). (text of amendment in the nature of a substitute: CR H5143-5144)
- Jul 22Motion to reconsider laid on the table Agreed to without objection.
- Jul 20Rules 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.
- Feb 3Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
- Feb 3Placed on the Union Calendar, Calendar No. 409.
- Jan 14Committee Consideration and Mark-up Session Held
- Jan 14Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4.
- Jan 12Introduced in House
- Jan 12Referred to the House Committee on House Administration.Introduced
- Sep 30Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.Latest
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