,,ib ,union ,calendar ,no4 #dji #aaith  
,,congress  #b;d ,session  ,h4 ,r4 #gjjh
 ,report ,no4 #aai-dgi ,,in ,,the       
,,house ,,of ,,representatives  ,january
 #ab1 #bjbf,mr4 ,steil 7for himself1    
,mr4 ,hudson1 ,mr4 ,griffith1 ,mr4      
,murphy1 ,mrs4 ,bice1 ,mr4 ,carey1 ,mrs4
 ,miller of ,illinois1 ,ms4 ,lee of     
,florida1 ,mr4 ,biggs of ,arizona1 ,mr4 
,ogles1 ,mrs4 ,luna1 ,mr4 ,roy1 ,mr4    
,taylor1 ,mr4 ,van ,orden1 ,mr4 ,bacon1 
,mr4 ,johnson of ,south ,dakota1 ,mr4   
,hurd of ,colorado1 ,mr4 ,joyce of      
,pennsylvania1 ,mr4 ,collins1 ,mr4      
,lawler1 ,mr4 ,baumgartner1 ,mr4 ,cloud1
 ,mr4 ,feenstra1 ,mr4 ,scott ,franklin  
of ,florida1 ,mr4 ,mann1 ,mr4 ,buchanan1
 ,mr4 ,timmons1 ,mrs4 ,kim1 ,mr4 ,nunn  
of ,iowa1 ,mr4 ,cline1 ,mr4 ,crenshaw1  
,mr4 ,harris of ,maryland1 ,mr4         
,arrington1 ,mr4 ,alford1 ,mr4 ,yakym1  
,mr4 ,kennedy of ,utah1 ,mrs4           
,miller-,meeks1 ,mr4 ,james1 ,mr4       
,mills1 ,mrs4 ,cammack1 ,mr4 ,barrett1  
,mr4 ,carter of ,georgia1 ,mr4 ,la,lota1

 ,mr4 ,mackenzie1 ,mr4 ,schmidt1 ,ms4   
,fedorchak1 ,mrs4 ,kiggans of ,virginia1
 ,mrs4 ,hinson1 ,mr4 ,rutherford1 ,mr4  
,smith of ,new ,jersey1 ,mr4 ,ciscomani1
 ,mr4 ,kiley of ,california1 ,mr4       
,patronis1 ,mrs4 ,houchin1 ,mr4 ,riley  
of ,new ,york1 ,mr4 ,harrigan1 ,mr4     
,moolenaar1 ,mr4 ,perry1 ,mr4 ,bean of  
,florida1 ,mr4 ,flood1 ,mr4 ,self1 ,mr4 
,bresnahan1 ,mr4 ,huizenga1 ,mr4        
,bergman1 ,mr4 ,messmer1 ,mr4 ,tiffany1 
,mr4 ,grothman1 ,mr4 ,fitzgerald1 ,mr4  
,smucker1 ,mr4 ,strong1 ,mr4 ,miller of 
,ohio1 ,mr4 ,mc,dowell1 and ,mrs4       
,wagner7 introduced the following bill2 
which was referred to the ,committee on 
,house ,administration  ,february #c1   
#bjbf;,additional sponsors3 ,mr4        
,begich1 ,mr4 ,crane1 ,mr4 ,la,hood1    
,mr4 ,rogers of ,alabama1 ,ms4 ,tenney1 
,mr4 ,mast1 ,mr4 ,gosar1 ,mr4 ,ellzey1  
,mr4 ,fallon1 ,mr4 ,langworthy1 ,mr4    
,downing1 ,mr4 ,webster of ,florida1    
,mr4 ,fong1 ,mr4 ,crank1 ,mr4 ,bentz1   
,mr4 ,mc,cormick1 ,mr4 ,haridopolos1    

,mr4 ,guest1 ,mr4 ,case1 ,mr4 ,van      
,epps1 and ,mr4 ,evans of ,colorado     
,february #c1 #bjbf,reported with an    
amendment1 committed to the ,committee  
of the ,whole ,house on the ,state of   
the ,union1 and ordered to be           
printed,strike out all after the        
enacting clause and insert the part     
printed in italic,for text of introduced
 bill1 see copy of bill as introduced on
 ,january #ab1 #bjbf  ,a ,,bill  ,to    
amend chapter #aca of title #e to       
require certain restrictions on stocks  
for ,members of ,congress and their     
spouses and dependents1 and for other   
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,stop ,insider      
,trading ,act4  #b4 ,restrictions on    
covered investments  7a7 ,table of      
contents ,the table of contents for     
chapter #aca of title #e1 ,united       
,states ,code1 is amended by adding at  
the end the following3  ,subchapter     
,,iv--,restrictions on covered          
investments#acaea4 ,definitions4#acaeb4 

,restrictions on covered                
investments4#acaec4 ,enforcement4  4    
7b7 ,restrictions ,chapter #aca of title
 #e1 ,united ,states ,code1 is amended  
by adding at the end a new subchapter3  
,,iv ,restrictions on covered           
investments  #acaea4 ,definitions ,in   
this subchapter3 7#a7 ,covered          
individual ,the term covered individual 
means any of the following3 7,a7 ,a     
,member of ,congress1 as defined in     
section #acaja4  7,b7 ,a dependent child
 7as defined in section #acaja7 or a    
spouse of a ,member of ,congress4  7#b7 
,covered investment  7,a7 ,in general   
,the term covered investment means a    
security issued by a publicly traded    
company or any comparable economic      
interest acquired through synthetic     
means1 such as the use of a derivative1 
including an option1 warrant1 or other  
similar means4  7,b7 ,exclusion ,the    
term covered investment does not        
include-- 7i7 an excepted investment    
fund 7as described in section           

#acajd7;f77#h772  7ii7 any other fund   
that would be an excepted investment    
fund but for the fact that the fund does
 not meet the diversification           
requirement solely because the fund is  
concentrated in-- 7,i7 the ,united      
,states2 or  7,,ii7 the ,state1         
territory1 or ,district of residence of 
the covered individual who owns the     
fund2  7iii7 an interest in a small     
business concern as defined under       
section #c of the ,small ,business ,act 
7#ae ,u4,s4,c4 #fcb72 or  7iv7          
investments held in a trust if no       
covered individual has any authority    
over a trustee of the trust1 including  
the authority to appoint1 replace1 or   
direct the actions of such a trustee1   
and the trustee is not the spouse1      
child1 parent1 or sibling of a ,member  
of ,congress4  7#c7 ,publicly traded    
company ,the term publicly traded       
company means an issuer that has a class
 of securities registered under section 
#ab of the ,securities ,exchange ,act of

 #aicd 7#ae ,u4,s4,c4 #ghl74  7#d7      
,security ,the term security has the    
meaning given the term in section #c7;a7
 of the ,securities ,exchange ,act of   
#aicd 7#ae ,u4,s4,c4 #gh;c7a774  7#e7   
,supervising ethics office ,the term    
supervising ethics office has the       
meaning given the term in section       
#acaja4  #acaeb4 ,restrictions on       
covered investments  7a7 ,conduct during
 federal service ,except as described in
 subsection 7c71 no covered individual  
may purchase a covered investment4  7b7 
,advanced notice requirement  7#a7 ,in  
general ,no covered individual shall    
sell a covered investment1 unless a     
notice of intent to sell the covered    
investment is made by the ,member of    
,congress and publicly disclosed at     
least #g calendar days1 and no more than
 #ad calendar days1 prior to the sale in
 accordance with the requirements of    
this subsection4  7#b7 ,contents of     
notice ,the notice under paragraph 7#a7 
shall include the following3 7,a7 ,the  

projected date of sale of a covered     
investment4  7,b7 ,a description of such
 sale4  7,c7 ,the number of shares in   
such sale4  7#c7 ,withdrawal ,the notice
 under paragraph 7#a7 shall be withdrawn
 by the ,member of ,congress who filed  
it1 prior to the close of the expiration
 of the notice1 if the covered          
individual determines not to sell the   
covered asset4  7#d7 ,filing ,a ,member 
of ,congress shall file the notice under
 paragraph 7#a7 for each intended sale  
by the ,member1 or the spouse or        
dependent child of the ,member1 with--  
7,a7 the ,clerk of the ,house of        
,representatives1 in the case of a      
,representative in ,congress1 a         
,delegate to ,congress1 or the ,resident
 ,commissioner from ,puerto ,rico2 or   
7,b7 the ,secretary of the ,senate1 in  
the case of a ,senator4  7#e7           
,publication ,the notice under paragraph
 7#a7 and the withdrawal under paragraph
 7#c7 shall1 upon receipt1 be made      
publicly available on a website         

controlled by the by the ,clerk of the  
,house of ,representatives or the       
,secretary of the ,senate1 as           
applicable4  7c7 ,exceptions  7#a7      
,occupation ,the requirements of        
subsections 7a7 and 7b7 shall not apply 
to a spouse or dependent child of a     
,member of ,congress with respect to a  
transaction in a covered investment     
which is-- 7,a7 on behalf1 or for the   
benefit1 of any person other than a     
covered individual2 or  7,b7 made as a  
part of compensation from an employer of
 such individual or in furtherance of   
any fiduciary or occupational           
obligations of such individual4  7#b7   
,other ,the requirements of subsection  
7a7 shall not apply to a covered        
individual with respect to a transaction
 in a covered investment made for the   
purpose of reinvesting dividends        
received from such covered investment4  
#acaec4 ,enforcement  7a7 ,in general   
,any covered individual who violates the
 restrictions in section #acaeb with    

respect to a covered investment1 shall1 
at the direction of the supervising     
ethics office-- 7#a7 incur a fee1 as    
calculated in subsection 7b71 to be paid
 by the ,member of ,congress who-- 7,a7 
caused the violation2 or  7,b7 is the   
spouse or parent of a covered individual
 who caused the violation2 and  7#b7 in 
the case of a purchase of a covered     
investment1 be required to sell a       
covered investment purchased in         
violation of section #acaeb7;a74  7b7   
,calculation of fees ,the fee required  
under subsection 7a7 shall be equal to  
the sum of-- 7#a7 #b1jjj or ten percent 
of the value of the transaction in the  
covered investment which violates       
section #acaeb1 whichever is greater2   
and  7#b7 the net gain realized1 if any1
 from the covered investment during the 
period beginning on the most recent date
 on which the individual became a       
covered individual and ending on the    
date of disposition of the covered      
investment1 as determined by the        

supervising ethics office4  7c7 ,payment
 restrictions ,a ,member of ,congress   
may not pay any of the fees under this  
section by using amounts from the       
following sources3 7#a7 ,the ,members'  
,representational ,allowance4  7#b7 ,the
 ,senators' ,official ,personnel and    
,office ,expense ,account4  7#c7 ,any   
contribution 7as defined in section     
#cja7h7 of the ,federal ,election       
,campaign ,act of #aiga 7#eb ,u4,s4,c4  
#cjaja7h777 accepted as a candidate1 and
 any other donation received as support 
for activities of the individual as a   
holder of ,federal office4  7d7         
,miscellaneous receipts ,any amounts    
collected in fees authorized by this    
section shall be deposited in the       
general fund of the ,treasury as        
miscellaneous receipts in accordance    
with section #ccjb7;b7 of title #ca4    
7e7 ,referral ,upon the assessment of a 
fee under this section1 the supervising 
ethics office has the authority to refer
 a ,member of ,congress to the          

,department of ,justice in the same     
manner and to the same extent as a      
violation under section #acajf if such  
,member of ,congress resigns or retires 
before paying such assessed fee4  7f7   
,interpretative guidance ,each          
supervising ethics office may issue     
interpretative guidance on this         
subchapter and in issuing such guidance1
 may consider mitigating or aggravating 
circumstances4  4  7c7 ,effective date  
,the amendments made by this ,act shall 
take effect on the date that is #ahj    
days after the date of enactment of this
 ,act4  ,february #c1 #bjbf,reported    
with an amendment1 committed to the     
,committee of the ,whole ,house on the  
,state of the ,union1 and ordered to be 
printed