Expressing support for the designation of May 15, 2025, as "Prader-Willi Syndrome Awareness Day" to raise awareness of and promote research on the disorder.
- Last Action
- 3/25/2025
Actions
- 2025-01-09Referred to the Committee on House Administration, and in addition to the Committee on Ways and Means, 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.
- 2025-01-09Referred to the Committee on House Administration, and in addition to the Committee on Ways and Means, 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.
- 2025-01-09Introduced in House
- 2025-01-09Introduced in House
CRS Summary
As of 2025-01-09 (00)
Bipartisan Restoring Faith in Government Act
This bill prohibits Members of Congress (and their spouses and dependents) from purchasing or selling certain investments, such as individual stocks and related financial instruments that are not diversified investment funds, U.S. Treasury securities, or other specified holdings.
Members must divest prohibited investments within 90 days by selling them or placing them in a qualified blind trust. The bill also restricts communications between trustees and beneficiaries related to investments held in qualified blind trusts.
Members must certify their compliance with the supervising ethics office, which must make the certificates publicly available online.
Violations are subject to specified civil penalties. Additionally, losses stemming from a transaction involving a prohibited investment that violates the provisions of the bill may not be deducted from income taxes.
Cosponsors (14)
- Alexandria Ocasio-Cortez (D-NY)
- Cory Mills (R-FL)
- Raja Krishnamoorthi (D-IL)
- Michael Lawler (R-NY)
- Ro Khanna (D-CA)
- Christopher Deluzio (D-PA)
- Morgan McGarvey (D-KY)
- Mike Levin (D-CA)
- Thomas Suozzi (D-NY)
- Melanie Stansbury (D-NM)
- Jamie Raskin (D-MD)
- Summer Lee (D-PA)
- Jefferson Van Drew (R-NJ)
- Greg Landsman (D-OH)
Subjects
- Family relationships
- Financial services and investments
- Government ethics and transparency, public corruption
- Government information and archives
- Members of Congress
- Securities
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.