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H.R. 7008 · 119th CongressStatus not classified

Stop Insider Trading Act

Latest action. clotureThe Senate's only procedure for ending debate over objection. Most legislation needs 60 votes; nominations need a simple majority.Read the full definition (opens a new tab) on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253. · September 30, 2026

Live record from Congress.gov, updated as the official record changes.
What this bill would do
Official summary · Congressional Research Service

Stop Insider Trading Act

This bill generally prohibits Members of Congress and their spouses and dependent children from purchasing stocks and requires public notice before these individuals may sell stocks.

Specifically, Members of Congress and the spouses and dependent children of Members of Congress may not purchase covered investments. Between 7 and 14 days before a Member or a covered spouse or dependent sells a covered investment, the relevant Member must file public notice of the intent to sell with the Clerk of the House of Representatives or the Secretary of the Senate, as appropriate. The Clerk or Secretary must publish this notice online. If the individual decides not to sell the covered investment, the notice must be withdrawn.

Under the bill, a covered investment is a security issued by a publicly traded company or a comparable economic interest. Some investments are exempt, including interest in a widely held investment fund and certain investments held in a trust.

Violations of these provisions are subject to a fee and, in the case of a purchase, a requirement to sell the covered investment. The fee must equal (1) the greater of $2,000 or 10% of the transaction value, and (2) any net gain realized from the transaction during a specified period. The fee may not be paid using campaign donations or Members’ official allowances.

Certain transactions by covered spouses and dependents are exempt, including transactions made on behalf of another person or made as part of compensation from the individual’s employer.

Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Reported to House" stage on February 3, 2026. It describes the bill, it is not the legal text.

Status
Latest action, as recorded
September 30, 2026

Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.

Civibrief does not map this action to a stage in the process. See the official record.

Where this sits in the process
Common questions
Composed from the official record
Where is it in the process, and what happens next?

The latest action on file does not map to a stage Civibrief recognizes, so the page will not name one. The record's own words are the reliable fact here.

The record's latest action, on September 30, 2026: Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.

How likely is it to become law?

Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.

In the 118th Congress (2023-24), 274 of the 16,565 bills and joint resolutions introduced became law, about 1.7 percent. That count covers every measure at every stage, including the many that never left committee.

This one has no outstanding steps listed above.

Has anyone actually voted on it?

Yes. 3 recorded roll-call votes cite this measure, listed further down this page with every member's position.

Who is behind it?

Bryan Steil (R-WI) introduced it on January 12, 2026, and 93 members have since signed on as cosponsors.

They come from both major parties: 2 Democrats, 91 Republicans.

Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.

How long has it been in play?

It was introduced on January 12, 2026, 288 days ago. The most recent recorded action was 27 days ago, on September 30, 2026.

Measures do not carry over. Anything the 119th Congress has not finished by January 3, 2027 dies when the term ends, and has to be introduced again from the start in the next Congress.

Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.

Vote history

  1. House
    Passed on a recorded vote (official bill record may lag)
  2. Senate
    Awaiting Senate vote
  3. President
    Not stated in the latest action
Senate · Motion to Invoke Cloture on the Motion to Proceed: H.R. 7008; A bill to amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes.Rejected
Yea 53 Nay 47 Present / not voting 0
Official roll callSeptember 30, 2026