IPO Act
Latest action · Apr 7, 2020 Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, 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.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 7, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Integrity for Public Officials Act or the IPO Act
This bill prohibits certain senior government officials, including Members of Congress, from engaging in specified transactions.
Specifically, the bill prohibits these individuals from (1) purchasing or selling certain investments in securities, commodities, or futures; (2) entering into a transaction that creates a net short position in a security; or (3) serving as an officer or board member of a for-profit association, corporation, or other entity.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- Apr 7, 2020Introduced in House
- Apr 7, 2020Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, 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.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1393 | Ban Conflicted Trading Act | Related bill | May 9, 2019 |
| HR 6401 | Ban Conflicted Trading Act | Related bill | Mar 26, 2020 |
Subjects
Assigned by the Library of Congress. Policy area: Congress.
- Civil actions and liability
- Commodities markets
- Congress
- Congressional officers and employees
- Corporate finance and management
- Financial services and investments
- Government employee pay, benefits, personnel management
- Government ethics and transparency, public corruption
- Members of Congress
- Securities
Text 1
Each version as it was printed, newest first.
- Apr 7, 2020Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.