US HB3549 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on December 2 2011 - 25% progression, died in committee
Action: 2011-12-02 - Referred to the House Committee on House Administration.
Pending: House Administration Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Congressional Blind Trust Act of 2011 - Amends the Ethics in Government Act of 1978 to require each Member of Congress to place all of his or her stocks, bonds, commodities futures, and other forms of securities, including securities held jointly with a spouse, in a qualified blind trust. Exempts from such requirement any financial interests in or income derived from: (1) the Civil Service Retirement System (CSRS) or the Federal Employees' Retirement System (FERS), including the Thrift Savings Plan (TSP); (2) any other federal retirement system for U.S. officers and employees, including the President, or for members of the uniformed services; or (3) benefits received under the Social Security Act. Requires new Members to comply with this Act within 30 days after taking office, and incumbent Members within 30 days after enactment of this Act. Allows a Member to file, as appropriate, with the Clerk of the House of Representative or the Secretary of the Senate for an additional 30-day extension in order to comply. Authorizes the Attorney General to bring a civil action against any Member of Congress for noncompliance.

Tracking Information

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Title

Congressional Blind Trust Act of 2011

Sponsors


History

DateChamberAction
2011-12-02HouseReferred to the House Committee on House Administration.

Same As/Similar To

HB3639 (Related) 2011-12-13 - Referred to House Administration
HB3550 (Related) 2011-12-05 - Referred to the Subcommittee on the Constitution.

Subjects


US Congress State Sources


Bill Comments

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