To prohibit Federal officials from owning covered investments, and for other purposes.
Summary
What This Bill Does
The bill requires ownership of covered investments Except as described in paragraph (2), no covered official or family member of a Member of Congress may own or trade any covered investment and requires lifetime lobbying ban Section 207(e) of title 18, United States Code, is amended as follows: Paragraph (1) is amended to read as follows: (1)Members of congress (A)In generalAny person who is a Senator or a. It relies on definition changes, compliance mandates, delegation of rulemaking, and exemptions. The main policy areas are Environmental Groups, Environment, Finance, and Technology.
Who Benefits and How
Telecommunications providers and users affected by the bill could face lower compliance burdens, Lobbyists, political organizations, and disclosure users affected by the bill could face lower compliance burdens, and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.
Key Provisions
- Requires ownership of covered investments Except as described in paragraph (2), no covered official or family member of a Member of Congress may own or trade any covered investment.
- Requires lifetime lobbying ban Section 207(e) of title 18, United States Code, is amended as follows: Paragraph (1) is amended to read as follows: (1)Members of congress (A)In generalAny person who is a Senator or a...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires ownership of covered investments Except as described in paragraph (2), no covered official or family member of a Member of Congress may own or trade any covered investment and requires lifetime lobbying ban Section 207(e) of title 18, United States Code, is amended as follows: Paragraph (1) is amended to read as follows: (1)Members of congress (A)In generalAny person who is a Senator or a.
Key Policy Areas
Environmental Groups, Environment, Finance, Technology
Primary Purpose
The bill requires ownership of covered investments Except as described in paragraph (2), no covered official or family member of a Member of Congress may own or trade any covered investment and requires lifetime lobbying ban Section 207(e) of title 18, United States Code, is amended as follows: Paragraph (1) is amended to read as follows: (1)Members of congress (A)In generalAny person who is a Senator or a.
Policy Domains
Whole bill
Identified Gains
- Telecommunications providers and users affected by the bill
- Lobbyists, political organizations, and disclosure users affected by the bill
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
- Public beneficiaries or protected communities affected by the clause
Sponsors
Legislative Progress
IntroducedMr. Kim of New Jersey introduced the following bill; which …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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