HR5120-118

Introduced

To strengthen the prohibition on the ownership or trading of stocks in certain companies by certain officials of the Department of Defense.

118th Congress Introduced Aug 1, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To strengthen the prohibition on the ownership or trading of stocks in certain companies by certain officials of the Department of Defense., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors. The main policy domain is Defense, Environment, Government Operations.

Who Benefits and How

defense agencies, service members, and defense contractors may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, defense agencies, service members, and defense contractors may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H1FEBD0977A5A421D9F7DCBBFE92F435B: 1. Short title This Act may be cited as the Prohibit Pentagon Profiteering Act.
  • Section H23DCC470A0EB4C60BA815EE6E39707C4: 2. Modification of prohibition on ownership or trading of stocks in certain companies by certain officials of the Department of Defense Section 988(a) of title...

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

This bill, To strengthen the prohibition on the ownership or trading of stocks in certain companies by certain officials of the Department of Defense., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Key Policy Areas

Defense, Environment, Government Operations

Primary Purpose

This bill, To strengthen the prohibition on the ownership or trading of stocks in certain companies by certain officials of the Department of Defense., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Policy Domains

Defense Environment Government Operations

Whole bill

Identified Gains
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
defense agencies, service members, and defense contractors:
Identified Costs
  • federal implementing agencies
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
defense agencies, service members, and defense contractors:

Legislative Progress

Introduced
Introduced Committee Passed
Aug 1, 2023

Ms. Porter introduced the following bill; which was referred to …

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?

Domains
Defense Environment Government Operations
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology