H.R. 7008 · 119th Congress
Stop Insider Trading Act
Where it stands
- Introduced Done · Jan 12, 2026
- Committee Done · Jan 14, 2026
- Passed House Done · Jul 22, 2026
- Passed Senate Not yet
- President Not yet
- Law Not yet
From the official actions on Congress.gov.
Key points
- What it changes
- A plain-language summary isn't ready yet. The official summary below describes the bill.
- Who it affects
- A plain-language summary isn't ready yet. The official summary below describes the bill.
- What it costs
- No cost estimate yet.
- Where it stands
- Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253. (Sep 30, 2026)
- What happens next
- The Senate would need to pass it next.
Official summary
Stop Insider Trading Act This 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 If the individual decides not to sell the covered investment, the notice must be withdrawn.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.
Summary by the Congressional Research Service (Reported to House version), via Congress.gov. These are proposed provisions, not enacted law.
Recorded votes
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On Passage: Passed (232–198)
This vote decided whether the bill passes this chamber.Votes by party
How each party voted on roll call 280 Party Yes No Present Did not vote Share voting Yes Democratic 13 198 0 1 Republican 218 0 0 0 Independent 1 0 0 0 Party totals from the official roll call.
Office of the Clerk, U.S. House ↗ — includes how every member voted
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On Motion to Recommit: Failed (211–218)
This vote set how the bill is debated. It is not a vote for or against the bill.Votes by party
How each party voted on roll call 279 Party Yes No Present Did not vote Share voting Yes Democratic 211 0 0 1 Republican 0 217 0 1 Independent 0 1 0 0 Party totals from the official roll call.
Office of the Clerk, U.S. House ↗ — includes how every member voted
Vote types come from the official question text. How we label votes
Legislative history
- Sep 30, 2026Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.
- Sep 28, 2026Motion to proceed to consideration of measure withdrawn in Senate.
- Sep 28, 2026Cloture motion on the motion to proceed to the measure presented in Senate. (CR S5065)
- Sep 28, 2026Motion to proceed to consideration of measure made in Senate. (CR S5065)
- Aug 6, 2026Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.
- Aug 5, 2026Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
- Jul 23, 2026Received in the Senate.
- Jul 22, 2026Motion to reconsider laid on the table Agreed to without objection.
- Jul 22, 2026On 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 22, 2026Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).
- Jul 22, 2026On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).
- Jul 22, 2026Considered as unfinished business. (consideration: CR H5157-5158)
- Jul 22, 2026POSTPONED 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 22, 2026The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- Jul 22, 2026Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)
- Jul 22, 2026The previous question was ordered pursuant to the rule.
- Jul 22, 2026DEBATE - The House proceeded with one hour of debate on H.R. 7008.
- Jul 22, 2026Rule 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 22, 2026Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)
- Jul 20, 2026Rules 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 3, 2026Placed on the Union Calendar, Calendar No. 409.
- Feb 3, 2026Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
- Feb 3, 2026Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.
- Jan 14, 2026Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4.
- Jan 14, 2026Committee Consideration and Mark-up Session Held