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S. 1171 118th Congress Senate

Ending Trading and Holdings In Congressional Stocks (ETHICS) Act

Official title: A bill to amend chapter 131 of title 5, United States Code, to prevent Members of Congress and their spouses and dependent children from trading stocks and owning stocks, and for other purposes.

Introduced: September 24, 2024 Introduced by: Jeff Merkley Democratic · Oregon See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 19, 2024
Placed on Senate Legislative Calendar under General Orders. Calendar No. 729.
Dec 19, 2024
Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 118-309.
Jul 24, 2024
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Apr 17, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Apr 17, 2023
Introduced in Senate
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 Latest action December 19, 2024

Placed on Senate Legislative Calendar under General Orders. Calendar No. 729.

 Plain-English summary Congressional Research Service

Ending Trading and Holdings In Congressional Stocks (ETHICS) Act

This bill generally prohibits Members of Congress (and their spouses and dependents) from purchasing or selling certain investments, such as individual stocks and related financial instruments that are not diversified investment funds, Treasury securities, or other specified holdings. Violations of this prohibition are subject to specified civil penalties.

Members must certify their compliance with the provisions of the bill, and the applicable House or Senate ethics office must make the certifications and related information (e.g., trust agreements; descriptions of assets held in trusts; and federal loans, grants, or related benefits that the Member received) available online.

Additionally, the bill restricts certain communications between trustees and beneficiaries related to investments held in qualified blind trusts. Violations of the restriction are subject to specified civil penalties.

Further, the bill imposes penalties for failing to comply with existing financial disclosure requirements and requires electronic filing of those disclosures in a searchable format.

 Related & companion bills 1
  • HR 2678 Identical bill Ending Trading and Holdings in Congressional Stocks (ETHICS) Act
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 3

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

  • NATIONAL TAXPAYERS UNION
    for NATIONAL TAXPAYERS UNION · District of Columbia · 2nd Quarter 2025 (Apr 1 - June 30)
  • NATIONAL TAXPAYERS UNION
    for NATIONAL TAXPAYERS UNION · District of Columbia · 1st Quarter 2025 (Jan 1 - Mar 31)
  • ISSUE ONE
    for ISSUE ONE · District of Columbia · 1st Quarter 2025 (Jan 1 - Mar 31)

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

 Cosponsors 18
All 18 Democratic 16 Independent 2
D
Warren, Elizabeth
Massachusetts · Sep 24, 2024
 D
Rosen, Jacky
Nevada · May 23, 2024
 D
Schatz, Brian
Hawaii · May 2, 2023
 D
Baldwin, Tammy
Wisconsin · Apr 17, 2023
 D
Blumenthal, Richard
Connecticut · Apr 17, 2023
 D
Cortez Masto, Catherine
Nevada · Apr 17, 2023
 D
Duckworth, Tammy
Illinois · Apr 17, 2023
 D
Fetterman, John
Pennsylvania · Apr 17, 2023
 D
Gillibrand, Kirsten E.
New York · Apr 17, 2023
 D
Heinrich, Martin
New Mexico · Apr 17, 2023
 D
Hirono, Mazie K.
Hawaii · Apr 17, 2023
 D
Kaine, Tim
Virginia · Apr 17, 2023
 I
King, Angus S., Jr.
Maine · Apr 17, 2023
 D
Luján, Ben Ray
New Mexico · Apr 17, 2023
 I
Sanders, Bernard
Vermont · Apr 17, 2023
 D
Shaheen, Jeanne
New Hampshire · Apr 17, 2023
 D
Van Hollen, Chris
Maryland · Apr 17, 2023
 D
Welch, Peter
Vermont · Apr 17, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1171: Ending Trading and Holdings In Congressional Stocks (ETHICS) Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-1171/
MLA
"S. 1171: Ending Trading and Holdings In Congressional Stocks (ETHICS) Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-1171/.
Bluebook (legal)
S. 1171, 118th Cong. (2026), https://openamerica.io/bill/118-S-1171/.
Markdown link
[S. 1171: Ending Trading and Holdings In Congressional Stocks (ETHICS) Act](https://openamerica.io/bill/118-S-1171/)
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