S1620-119

In Committee

MEME Act

119th Congress Introduced May 6, 2025

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

The bill expands a grant, compliance mandate provision: 2. Sense of Congress It is the sense of Congress that— federally elected officials must not utilize those positions, granted by the trust of the public, for private, provides loosens a appropriation, compliance mandate, liability shield provision: 3, and adds or tightens a compliance mandate, definition change provision: 13151. It relies on compliance mandates, appropriations, liability protections, and grants. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Expands a grant, compliance mandate provision: 2. Sense of Congress It is the sense of Congress that— federally elected officials must not utilize those positions, granted by the trust of the public, for private...
  • Provides loosens a appropriation, compliance mandate, liability shield provision: 3.
  • Adds or tightens a compliance mandate, definition change provision: 13151.
  • Expands a appropriation, compliance mandate, private right of action provision: 13153.
  • Requires loosens a compliance mandate, liability shield, tariff provision: 221. Prohibited financial transactions.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill expands a grant, compliance mandate provision: 2. Sense of Congress It is the sense of Congress that— federally elected officials must not utilize those positions, granted by the trust of the public, for private, provides loosens a appropriation, compliance mandate, liability shield provision: 3, and adds or tightens a compliance mandate, definition change provision: 13151.

Key Policy Areas

Finance

Primary Purpose

The bill expands a grant, compliance mandate provision: 2. Sense of Congress It is the sense of Congress that— federally elected officials must not utilize those positions, granted by the trust of the public, for private, provides loosens a appropriation, compliance mandate, liability shield provision: 3, and adds or tightens a compliance mandate, definition change provision: 13151.

Policy Domains

Finance

Legislative Progress

In Committee
Introduced Committee Passed
May 6, 2025

Mr. Murphy introduced the following bill; which was read twice …

May 6, 2025

Read twice and referred to the Committee on Homeland Security …

May 6, 2025

Introduced in Senate

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
Finance
Actor Mappings
"the_commission"
→ The commission identified in the operative section

Key Definitions

Terms defined in this bill

2 terms
"prohibited financial transaction" §H0ED4BCDBE62D40D8A1DA208FF16EA721

the issuance, sponsorship, or promotion of a covered asset for pecuniary gain. Any covered individual or adjacent individual who— knowingly violates any provision of section 13152(a) of title 5

"prohibited financial transaction" §H2C6D89FC688D47CE983752BBEE7E0E82

the issuance, sponsorship, or promotion of a covered asset for pecuniary gain. (b) Benefit from prohibited financial transaction Any covered individual or adjacent individual who— (1) knowingly violates any provision of section 13152(a) of title 5

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