Proposed
Bill · 119th Congress · HR 9989
CITE Act of 2026
Refreshed 5 h ago
Introduced 2026-07-30Topic: governance ethics · elections democracySummary
AI-generated summary, report an errorThis bill would require people running for President, Vice President, the Senate, or the House, along with their spouses and dependent children, to sell their individual stocks and similar securities or place them in a qualified blind trust within 90 days of filing for office. Broad mutual funds, index funds, government bonds, cash accounts, and certain pension plans would be exempt. Candidates would have to file a written certification with an ethics office, and covered individuals could not buy new covered investments during the candidacy, except through a blind trust or by inheritance. House and Senate ethics committees and the Office of Government Ethics would write rules, including a hardship waiver process. The law would apply to people who file for office starting 180 days after it is enacted.
Sponsors
- Ryan Mackenzie Republican sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-07-30 | House | Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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. | refer |
| 2026-07-30 | House | Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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. | refer |
| 2026-07-30 | Introduced in House | introduce | |
| 2026-07-30 | Introduced in House | introduce |