H.R. 2383 · 118th Congress · House

Prohibition of Financial Trading on Government Property Act

Active· Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, for a period to be subs…
Introduced
Mar 29, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Prohibition of Financial Trading on Government Property Act

This bill prohibits federal employees from conducting any financial trading on federal property.

Specifically, the bill prohibits federal employees, including Members of Congress and the President, from engaging in any financial trading on federal property. Federal employees (with the exception of the President and Vice President) are also prohibited from using government-issued devices to engage in any financial trading. The bill's restrictions do not apply to activities that are related to an employee's official duties or Thrift Savings Plan account.

Federal employees who violate the bill's prohibitions are subject to fines, imprisonment (for knowing violations), and disciplinary action.

Action Timeline

4
  1. MAR 29, 2023IntroReferral

    Introduced in House

  2. MAR 29, 2023IntroReferral

    Introduced in House

  3. MAR 29, 2023IntroReferral

    Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, 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.

  4. MAR 29, 2023IntroReferral

    Referred to the Committee on Oversight and Accountability, and in addition to the Committee on House Administration, 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.

Committees

2

Committee on House Administration

hsha00

Referred: Mar 29, 2023

Active

Oversight and Government Reform Committee

hsgo00

Referred: Mar 29, 2023

Active