Proposed
Bill · 119th Congress · S 3201
Good Government Act of 2025
Refreshed 6 h ago
Introduced 2025-11-19Topic: governance ethicsSummary
AI-generated summary, report an errorThis bill would bar Members of Congress, their spouses, and their dependent children from holding, buying, or selling stocks, commodities, and similar investments while the Member serves, with exceptions such as diversified mutual funds, diversified exchange-traded funds, U.S. Treasury bonds, and government retirement plans. Members would have 120 days to sell these investments or place them in an approved blind trust, with possible extensions of up to 180 days total. Blind trusts could not be dissolved until 180 days after the Member leaves office, and ethics offices would post certifications, trust agreements, and asset lists online. Members who break the rules would have to turn over profits to the Treasury and could be fined one month's pay every 30 days, and the Government Accountability Office would audit compliance within 2 years.
Sponsors
- Tim Sheehy Republican sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-11-19 | Senate | Read twice and referred to the Committee on Homeland Security and Governmental Affairs. | refer |
| 2025-11-19 | Introduced in Senate | introduce |