,i #aai? ,,congress #a/ ,session ,h4 ,r4 #djcf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #ag1 #bjbe,mr4 ,kean 7= himself & ,ms4 ,craig7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,h\se ,adm9i/ration ,a ,,bill ,to am5d title #e1 ,unit$ ,/ates ,code1 to prohibit ! %ort sale ( c]ta9 f9ancial inve/m5ts by ,memb]s ( ,congress & _! sp\ses & dep5d5ts1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,no ,%ort+ ,am]ica ,act4 #b4 ,prohibition ( congressional %ort sell+ ( f9ancial inve/m5ts ,*apt] #aca ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+ 7& by con=m+ ! table ( cont5ts = su* *apt] accord+ly73 ,,iv ,prohibition on ,congressional ,%ort ,sell+ #acaea4 ,def9itions ,9 ?is sub*apt]3 7#a7 ,cov]$ f9ancial in/rum5t ,! t]m cov]$ f9ancial in/rum5t means-- 7,a7 any inve/m5t 9-- 7i7 a security 7z def9$ 9 section #c7;a7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 7ii7 a security future 7z def9$ 9 section #c7;a7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 or 7iii7 a commodity 7z def9$ 9 section #a;a ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a772 & 7,b7 any economic int]e/ comp>able to an int]e/ describ$ 9 subclause 7,i7 t is acquir$ ?r\gh syn!tic means1 su* z ! use ( a d]ivative1 includ+ an option1 w>rant1 or o!r simil> means4 7#b7 ,cov]$ individual ,! t]m cov]$ individual means any ( ! foll[+3 7,a7 ,a ,memb] ( ,congress4 7,b7 ,! sp\se ( a ,memb] ( ,congress4 7,c7 ,! dep5d5t ( a ,memb] ( ,congress4 7#c7 ,dep5d5t ,! t]m dep5d5t has ! mean+ giv5 t t]m 9 section #acaja4 7#d7 ,memb] ( ,congress ,! t]m ,memb] ( ,congress has ! mean+ giv5 t t]m 9 section #acaja4 7#e7 ,%ort sale ,! t]m %ort sale has ! mean+ giv5 t t]m 9 section #bdb4bjj ( title #ag1 ,code ( ,f$]al ,regulations 7or any successor regulation74 7#f7 ,sup]vis+ e?ics (fice ,! t]m sup]vis+ e?ics (fice has ! mean+ giv5 t t]m 9 section #acaja4 #acaeb4 ,limitation on %ort sale 7a7 ,9 g5]al ,no cov]$ individual may engage 9 a %ort sale ( any cov]$ f9ancial in/rum5t issu$ by any bus9ess entity t is li/$ on a national /ock ex*ange4 7b7 ,income tax ,a loss f a %ort sale involv+ a cov]$ f9ancial in/rum5t t is conduct$ 9 violation ( ?is section may n be d$uct$ f ! am\nt ( income tax ow$ by ! cov]$ individual4 7c7 ,pro( ( compliance 7#a7 ,submission ,a ,memb] ( ,congress %all submit to ! sup]vis+ e?ics (fice a pl$ge ( compliance ) ! requirem5ts ( ?is sub*apt]1 & %all produce1 ^u reque/ ( ! sup]vis+ e?ics (fice1 mat]ial or in=mation det]m9$ by ! sup]vis+ e?ics committee to be necess>y to indicate compliance ) ! provisions ( ?is sub*apt]4 7#b7 ,c]tificate ,! sup]vis+ e?ics (fice %all provide ea* ,memb] ( ,congress 9 compliance ) ! provisions ( ?is *apt] ) a c]tificate ( compliance4 7#c7 ,publication ,! sup]vis+ e?ics (fice %all make available1 on a publicly accessible website1 all c]tificates issu$ "u ?is subsection4 #acaec4 ,en=cem5t 7a7 ,ref]ral ,! sup]vis+ e?ics (fice %all ref] to ! ,attorney ,g5]al ! "n ( any cov]$ individual :o su* (fice has reasonable cause to believe has willfully fail$ to comply ) ! requirem5ts ( section #acaeb4 7b7 ,p5alty 7#a7 ,9 g5]al ,! ,attorney ,g5]al may br+ a civil action 9 any appropriate ,unit$ ,/ates di/rict c\rt aga9/ any cov]$ individual :o kn[+ly & willfully fails to comply ) section #acaeb4 ,! c\rt 9 :i* su* action is br\ght may assess aga9/ su* individual a civil p5alty 9 any am\nt1 n to exce$ #ej1jjj4 7#b7 ,limitation ,a cov]$ individual may n pay any p5alty result+ f a civil action "u p>agraph 7#a7 us+-- 7,a7 funds f a ,memb]s' ,repres5tational ,all[ance or ,s5ators' ,(ficial ,p]sonnel & ,(fice ,exp5se ,acc\nt 7z ! case may be72 or 7,b7 funds ( any political committee "u ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja et seq474 4