,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #agab  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,febru>y #bg1         
#bjbe,mr4 ,licc>do 7= himself1 ,mr4     
,khanna1 ,ms4 ,norton1 ,mr4 ,mull91 ,mr4
 ,grijalva1 ,mr4 ,?an$>1 ,mrs4 ,torres (
 ,cali=nia1 ,mr4 ,c>son1 ,mr4 ,swalwell1
 ,mr4 ,pet]s1 ,mr4 ,soto1 ,ms4 ,elfre?1 
,mr4 ,g>am5di1 ,ms4 ,b>ragn1 ,mr4       
,olszewski1 ,mr4 ,lieu1 ,mr4 ,goldman ( 
,new ,york1 ,mr4 ,smi? ( ,wa%+ton1 &    
,mr4 ,turn] ( ,texas7 introduc$ ! foll[+
 bill2 :i* 0 ref]r$ to ! ,committee on  
,ov]sight & ,gov]nm5t ,re=m1 & 9        
addition to ! ,committees on !          
,judici>y1 & ,h\se ,adm9i/ration1 = a   
p]iod to be subsequ5tly det]m9$ by !    
,speak]1 9 ea* case = consid]ation ( su*
 provisions z fall )9 ! jurisdiction ( !
 committee conc]n$  ,a ,,bill  ,to am5d 
*apt] #aca ( title #e1 ,unit$ ,/ates    
,code1 ) respect to prohibit$ f9ancial  
transactions4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,mod]n ,emolum5ts &    
,malfeasance ,en=cem5t ,act or ! ,,meme 

,act4  #b4 ,s5se ( congress ,x is ! s5se
 ( ,congress t ,f$]al elect$ (ficials   
mu/ n utilize _! position1 grant$ by !  
tru/ ( ! public1 = private f9ancial ga94
 ,! issuance1 sponsor%ip1 or promotion (
 f9ancial in/rum5ts by public (fice     
hold]s w deprive ! public ( ! (fice     
hold]'s hone/ s]vices1 facilitate brib]y
 by inve/ors or pur*as]s1 & result 9    
public exploitation & corrupt =eign     
influ5ce4 ,memb]s ( ,congress & !       
,executive ,bran* mu/ n seek to use _!  
public (fice to b5efit f9ancially2 r _! 
positions are held 9 tru/ = ! b5efit ( !
 ,am]ican public4  #c4 ,prohibit$       
f9ancial transactions  7a7 ,9 g5]al     
,*apt] #aca ( title #e1 ,unit$ ,/ates   
,code1 is am5d$ by add+ at ! end !      
foll[+3 ,,sub*apt] ,,iv--,,f9ancial     
,,exploitation ,,by ,a ,,public ,,(fice 
,,hold] #acaea4 ,def9itions ,9 ?is      
sub*apt]3 7#a7 ,adjac5t individual ,!   
t]m adjac5t individual means-- 7,a7 ea* 
(fic] or employee 9 ! executive bran*   
hold+ a ,s5ior ,executive ,s]vice       

position 7z def9$ "u section            
#cacb7;a77#b772  7,b7 ea* memb] ( a     
uni=m$ s]vice ^: pay grade is at or 9   
excess ( ,o-#g "u section #bja ( title  
#cg2  7,c7 ea* (fic] or employee 9 any  
o!r position det]m9$ by ! ,special      
,c\nsel ( ! ,unit$ ,/ates1 9            
consultation ) ! ,director ( ! ,(fice ( 
,gov]nm5t ,e?ics1 to be ( equal         
classification to a position describ$ 9 
subp>agraph 7,a7 or 7,b72 or  7,d7 !    
sp\se or dep5d5t *ild ( any individual  
describ$ 9 subp>agraph 7,a71 7,b71 or   
7,c74  7#b7 ,prohibit$ f9ancial         
transaction  7,a7 ,9 g5]al ,! t]m       
prohibit$ f9ancial transaction means !  
issuance1 sponsor%ip1 or promotion ( a  
cov]$ asset = pecuni>y ga94  7,b7 ,cov]$
 asset ,! t]m cov]$ asset means-- 7i7 a 
security 7z su* t]m is def9$ 9 section  
#c7;a7 ( ,securities ,ex*ange ,act (    
#aicd72  7ii7 a security future 7z su*  
t]m is def9$ 9 section #c7;a7 (         
,securities ,ex*ange ,act ( #aicd72     
7iii7 a commodity 7z def9$ 9 section    

#a;a ( ! ,commodity ,ex*ange ,act72     
7iv7 a digital asset :i* c be sold =    
remun]ation1 includ+ a cryptocurr5cy1 a 
meme co91 a tok51 or a non-fungible     
tok52 or  7v7 any d]ivative1 option1    
w>rant1 mutual fund1 or ex*ange-trad$   
fund ( an asset describ$ 9 clause 7i71  
7ii71 7iii71 or 7iv74  7#c7 ,cov]$      
individual ,! t]m cov]$ individual      
means-- 7,a7 ! ,presid5t2  7,b7 ! ,vice 
,presid5t2  7,c7 a public (ficial 7z    
def9$ 9 section #bja7;a7 ( title #ah72  
or  7,d7 ! sp\se or dep5d5t *ild ( any  
individual describ$ 9 subp>agraph 7,a71 
7,b71 or 7,c74  7#d7 ,dep5d5t *ild ,!   
t]m dep5d5t *ild has ! mean+ giv5 ! t]m 
9 section #acaja4  #acaeb4 ,prohibition 
on c]ta9 transactions  7a7 ,prohibition 
,except z provid$ 9 subsection 7b71 a   
cov]$ individual or an adjac5t          
individual may n engage 9 or b5efit f a 
prohibit$ f9ancial transaction-- 7#a7   
dur+ ! t]m ( s]vice ( ! cov]$ individual
 or adjac5t individual2  7#b7 dur+ !    
#ahj-;day p]iod prior to ! date on :i* !

 s]vice ( su* cov]$ individual or       
adjac5t individual comm5c$2 or  7#c7    
dur+ ! #ahj-;day p]iod beg9n+ on ! date 
on :i* ! s]vice ( su* cov]$ individual  
or adjac5t individual is t]m9at$4  7b7  
,adjac5t individuals ,) respect to      
adjac5t individuals1 no?+ 9 ?is section 
%all be con/ru$ to limit ! application (
 section #bjh ( title #ah4  7c7         
,liability & immunity ,= purposes ( any 
immunities to civil liability1 any      
conduct compris+ or relat+ to a         
prohibit$ f9ancial transaction "u ?is   
section %all be deem$ an un(ficial act1 
& beyond ! scope ( (ficial duties4      
#acaec4 ,civil p5alties  7a7 ,civil     
action ,! ,attorney ,g5]al may br+ a    
civil action 9 any appropriate ,unit$   
,/ates di/rict c\rt aga9/ any cov]$     
individual or adjac5t individual :o     
violates any provision ( section #acaeb4
  7b7 ,,cont9u+ ,,conduct3 ,any act     
int5d$ to enc\rage ! sale ( a cov]$     
asset1 includ+ adv]tisem5t1 promotion1  
solicitation1 m>ket+1 or endorsem5t ( ! 

cov]$ asset1 con/itutes a violation (   
?is section4  7c7 ,civil p5alty ,! c\rt 
9 :i* any action is br\ght "u subsection
 7a7 may assess aga9/ a cov]$ individual
 or an adjac5t individual a civil p5alty
 ( n m ?an #bej1jjj4  7d7 ,disgorgem5t  
7#a7 ,9 g5]al ,a cov]$ individual or    
adjac5t individual %all disgorge to !   
,treasury ( ! ,unit$ ,/ates any pr(it f 
a prohibit$ f9ancial transaction or     
hold+ conduct$ 9 violation ( ?is        
section4  7#b7 ,retroactive ,disgorgem5t
 %all be requir$ = any p]son :o violates
 section #acaeb reg>dless ( :e!r !      
issuance ( ! f9ancial asset transpir$   
prior to ! enactm5t ( ?is ,act4  7e7    
,private "r ( action ,not)/&+ any       
contr>y provision 9 any contract relat+ 
to ! asset1 any inve/or1 competitor1 or 
o!r private p>ty suff]+ h>m may br+ an  
action 9 an appropriate di/rict c\rt ( !
 ,unit$ ,/ates = any appropriate        
equitable or decl>atory relief1 includ+ 
monet>y damages1 ) respect to a         
violation ( section #acaeb4  4  7b7     

,crim9al p5alties ,*apt] #aa ( title    
#ah1 ,unit$ ,/ates is am5d$ by add+ at !
 end ! foll[+3  #bbh4 ,prohibit$        
f9ancial transactions  7a7 ,b5efit f    
prohibit$ f9ancial transaction ,:]e any 
cov]$ individual or adjac5t individual  
kn[+ly violates any provision ( section 
#acaeb ( title #e1 & has ei!r-- 7#a7    
caus$ an aggregate loss ( #a1jjj1jjj or 
m to memb]s ( ! public2 or  7#b7        
b5efitt$ f9ancially1 ?r\gh pr(it1 ga91  
or advantage1 directly or indirectly    
?r\gh family memb]s or bus9ess          
associates1 f ! sale1 pur*ase1 or       
di/ribution ( ! cov]$ asset issu$ 9     
violation ( section #acaeb ( title #e1  
%all be f9$ "u ?is title or imprison$ = 
n m ?an five ye>s1 or bo?4  7b7 ,brib]y 
,:]e any cov]$ individual or adjac5t    
individual :o kn[+ly violates any       
provision ( section #acaeb ( title #e1 &
 directly or indirectly1 corruptly      
dem&s1 seeks1 receives1 accepts1 or     
agrees to receive or accept any?+ (     
value p]sonally or = any o!r p]son or   

entity1 9 return =-- 7#a7 be+ influ5c$ 9
 ! p]=mance ( any (ficial act2  7#b7 be+
 influ5c$ to commit or aid 9 committ+1  
or to collude 91 or all[1 any fraud1 or 
make opportunity = ! commission ( any   
fraud1 on ! ,unit$ ,/ates2 or  7#c7 be+ 
induc$ to d or omit to d any act 9      
violation ( ! (ficial duty ( su* (ficial
 or p]son1  %all be puni%$ pursuant to  
section #bja7;b74  7c7 ,insid] trad+    
,:]e any cov]$ individual or adjac5t    
individual :o kn[+ly violates any       
provision ( section #acaeb ( title #e1 &
 violates section #aj7;b7 ( !           
,securities ,ex*ange ,act ( #aicd1 %all 
be subject to puni%$ pursuant to section
 #bja7;b74  7d7 ,int5t ,to incur crim9al
 liability "u ?is section1 x is n       
requir$ t ! cov]$ or adjac5t individual 
int5d$ to create an inve/m5t asset ?r\gh
 ! sponsor%ip1 issuance1 or promotion ( 
! asset4  7e7 ,liability & immunity ,=  
purposes ( any immunities to civil &    
crim9al liability1 any conduct compris+ 
or relat+ to a prohibit$ f9ancial       

transaction "u ?is section %all be deem$
 an un(ficial act & beyond ! scope (    
(ficial duties4  7f7 ,def9itions ,9 ?is 
section3 7#a7 ,adjac5t individual ,! t]m
 adjac5t individual means-- 7,a7 ea*    
(fic] or employee 9 ! executive bran*   
hold+ a ,s5ior ,executive ,s]vice       
position 7z def9$ "u section            
#cacb7;a77#b772  7,b7 ea* memb] ( a     
uni=m$ s]vice ^: pay grade is at or 9   
excess ( ,o-#g "u section #bja ( title  
#cg2  7,c7 ea* (fic] or employee 9 any  
o!r position det]m9$ by ! ,special      
,c\nsel ( ! ,unit$ ,/ates1 9            
consultation ) ! ,director ( ! ,(fice ( 
,gov]nm5t ,e?ics1 to be ( equal         
classification to a position describ$ 9 
subp>agraph 7,a7 or 7,b72 or  7,d7 !    
sp\se or dep5d5t *ild ( any individual  
describ$ 9 subp>agraph 7,a71 7,b71 or   
7,c74  7#b7 ,prohibit$ f9ancial         
transaction  7,a7 ,9 g5]al ,! t]m       
prohibit$ f9ancial transaction means !  
issuance1 sponsor%ip1 or promotion ( a  
cov]$ asset = pecuni>y ga94  7,b7 ,cov]$

 asset ,! t]m cov]$ asset means-- 7i7 a 
security 7z su* t]m is def9$ 9 section  
#c7;a7 ( ,securities ,ex*ange ,act (    
#aicd72  7ii7 a security future 7z su*  
t]m is def9$ 9 section #c7;a7 (         
,securities ,ex*ange ,act ( #aicd72     
7iii7 a commodity 7z def9$ 9 section    
#a;a ( ! ,commodity ,ex*ange ,act72     
7iv7 a digital asset :i* c be sold =    
remun]ation1 includ+ a cryptocurr5cy1 a 
meme co91 a tok51 or a non-fungible     
tok52 or  7v7 any d]ivative1 option1    
w>rant1 mutual fund1 or ex*ange-trad$   
fund ( 7i71 7ii71 7iii71 or 7iv74  7#c7 
,cov]$ individual ,! t]m cov]$          
individual means-- 7,a7 ! ,presid5t2    
7,b7 ! ,vice ,presid5t2  7,c7 a public  
(ficial 7z def9$ 9 section #bja7;a7 (   
title #ah72 or  7,d7 ! sp\se or dep5d5t 
*ild ( any individual describ$ 9        
subp>agraph 7,a71 7,b71 or 7,c74  7#d7  
,dep5d5t *ild ,! t]m dep5d5t *ild has ! 
mean+ giv5 ! t]m 9 section #acaja4  4