US Congress House Bill 3550 (Prior Session Legislation)

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Sponsorship: Moderate Partisan Bill (Republican 6-1)
Status: Introduced on December 2 2011 - 25% progression, died in committee
Action: 2011-12-05 - Referred to the Subcommittee on the Constitution.
Pending: House Subcommittee on the Constitution Committee
Text: Latest bill text (Introduced) [PDF]

Restoring Ethical Standards, Transparency, and Responsibility in Congressional Trading Act or RESTRICT Act - Amends the Ethics in Government Act of 1978 to require the President, the Vice President, Members of Congress, and certain federal officers and employees to: (1) place all of his or her stocks, bonds, commodities futures, and other forms of securities, including securities held jointly with a spouse or dependent child, in a qualified blind trust; or (2) file a report with the appropriate ethics officer, within three business days after a transaction is settled, on any purchase, sale, or exchange in stocks, bonds, commodities futures, and other forms of securities, including those jointly held with the individual's spouse or dependent child. Exempts from this 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. Subjects violators of this Act to specified civil and criminal penalties.

Restoring Ethical Standards, Transparency, and Responsibility in Congressional Trading Act

Rep. Sean Duffy [R-WI]	Rep. Michael Fitzpatrick [R-PA]	Rep. Bill Huizenga [R-MI]	Rep. David Loebsack [D-IA]
Rep. Edward Royce [R-CA]	Rep. Patrick Tiberi [R-OH]	Rep. C.W. Young [R-FL]

Date	Chamber	Action
2011-12-05	House	Referred to the Subcommittee on the Constitution.
2011-12-02	House	Referred to House Judiciary
2011-12-02	House	Referred to House Administration
2011-12-02	House	Referred to House Oversight and Government Reform
2011-12-02	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

HB3549 (Related) 2011-12-02 - Referred to the House Committee on House Administration.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3550/all-info
Text	https://www.congress.gov/112/bills/hr3550/BILLS-112hr3550ih.pdf