Congress · Laws

STOCK Act

Public Law 112-105 · S. 2038 · 112th Congress · began in the Senate

Signed by Barack Obama (D) on Apr 4, 2012 · Government Operations and Politics

Major law

Sponsor: Sen. Joseph Lieberman (D-CT)

Cosponsors: None

Passage votesYeaNay

HouseRecorded vote: 417 yea, 2 nay417–2
SenateUnanimous consent

Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Stop Trading on Congressional Knowledge Act of 2012 or STOCK Act - (Sec. 3) Requires the congressional ethics committees to issue interpretive guidance of the rules of each chamber, including rules on conflicts of interest and gifts, with respect to the prohibition against the use by Members of Congress and congressional employees (including legislative branch officers and employees), as a means for making a private profit, of any nonpublic information derived from their positions as Members or congressional employees, or gained from performance of the individual's official responsibilities.

(Sec. 4) Declares that such Members and employees are not exempt from the insider trading prohibitions arising under the securities laws, including the Securities Exchange Act of 1934 and Rule 10b-5.

Amends the Securities Exchange Act of 1934 to declare that such Members and employees owe a duty arising from a relationship of trust and confidence to Congress, the U.S. government, and U.S. citizens with respect to material, nonpublic information derived from their positions as Members or congressional employees or gained from performance of the individual's official responsibilities.

(Sec. 5) Amends the Commodity Exchange Act to apply to Members and congressional employees, or to judicial officers or employees its prohibitions against certain transactions, involving the purchase or sale of any commodity in interstate commerce, or for future delivery, or any swap.

(Sec. 6) Amends the Ethics in Government Act of 1978 (EGA) to require specified individuals to file reports within 30 to 45 days after receiving notice of a purchase, sale, or exchange which exceeds $1,000 in stocks, bonds, commodities futures, and other forms of securities and subject to any waivers and exclusions.

Lists such individuals as: (1) the President; (2) the Vice President; (3) executive officers or employees, including certain special government employees and members of a uniformed service; (4) appointed administrative law judges; (5) executive branch employees in positions excepted from the competitive service because of their confidential or policymaking character (except those excluded from such exception by the Director of the Office of Government Ethics [OGE]); (6) the Postmaster General, the Deputy Postmaster General, each Governor of the Board of Governors of the U.S. Postal Service, and certain U.S. Postal Service officers or employees; (7) the OGE Director and each designated agency ethics official; (8) civilian employees of the Executive Office of the President (other than a special government employee) appointed by the President; (9) Members of Congress; and (10) congressional officers and employees.

(Sec.7) Directs the Comptroller General to report to specified congressional committees on the role of political intelligence in the financial markets.

(Sec. 8) Requires the Secretary of the Senate, the Sergeant at Arms of the Senate, and the Clerk of the House of Representatives, by August 31, 2012, or 90 days after the enactment of this Act, to ensure that financial disclosure forms filed by Members, candidates for Congress, and congressional officers and employees, in calendar year 2012 and in subsequent years be made available to the public on the respective official Senate and House websites within 30 days after filing. Terminates such requirement upon implementation of the following public disclosure systems.

Directs the Secretary, the Sergeant at Arms, and the Clerk to develop systems to enable the electronic filing of such reports as well as their on-line public availability.

Amends EGA to revise the retention period for mandatory public availability of financial disclosure reports. Requires retention and public availability of the financial disclosure reports of a Member of Congress until six years after the date the individual ceases to be a Member (currently, six years after receipt of the report).

(Sec. 9) Requires the OGE to issue interpretive guidance of the relevant federal ethics statutes and regulations, including the Standards of Ethical Conduct for executive branch employees, to specify that no such individual may use non-public information derived from his or her position or gained from the performance of official responsibilities as a means for making a private profit.

Requires the U.S. Judicial Conference to issue interpretive guidance of similar ethics rules, including the Code of Conduct for U.S. Judges, applicable to: (1) federal judges, and (2) judicial employees.

Declares that executive branch employees, judicial officers, and judicial employees are not exempt from the insider trading prohibitions arising under the securities laws, including the Securities Exchange Act of 1934 and Rule 10b-5.

Amends the Securities Exchange Act of 1934 to declare that such individuals owe a duty arising from a relationship of trust and confidence to the federal government and U.S. citizens with respect to material, nonpublic information derived from their positions as executive branch employees, judicial officers, or judicial employees gained from performance of the individual's official responsibilities.

(Sec. 11) Directs the President to ensure that financial disclosure forms filed in calendar year 2012 and in subsequent years by executive branch employees are publicly available on appropriate official websites of executive branch agencies within 30 days after such forms are filed.

Requires the OGE Director to develop systems to enable electronic filing and public access to these financial disclosure forms.

(Sec. 12) Amends the Securities and Exchange Act of 1934 to prohibit individuals required to file financial disclosure reports under EGA from purchasing securities that are the subject of an initial public offering in any manner other than is available to members of the public generally.

(Sec. 13) Amends EGA to require the financial disclosure report of the following individuals to include any secured mortgage which is their personal residence or that of his or her spouse: (1) the President, the Vice President, Members of Congress; and (2) certain individuals nominated for appointments as executive branch officers or employees (except those nominated to positions as Foreign Service Officers or a grade or rank in the uniformed services with a pay grade of 0-6 or below).

(Sec. 14) Declares that the transaction reporting requirements established by this Act shall not be construed to apply to a widely held investment fund (whether a mutual fund, regulated investment company, pension or deferred compensation plan, or other investment fund): (1) if the fund is publicly traded or its assets are widely diversified, and (2) the reporting individual neither exercises control over nor has the ability to exercise control over the financial interests held by the fund.

(Sec. 15) Denies Civil Service Retirement System (CSRS) or Federal Employees' Retirement System (FERS) retirement benefits (other than a lump-sum reimbursement of personal contributions) to the President, the Vice President, or an elected official of a state or local government, if convicted of certain felonies.

(Sec. 16) Prohibits senior executives at the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises [GSEs]) from receiving bonuses during any period of conservatorship on or after the enactment of this Act.

(Sec. 17) Prohibits an individual required to file a financial disclosure report under EGA from directly negotiating or having any agreement of future employment or compensation without filing a signed disclosure statement, within three business days after commencement of the negotiation or agreement, with the individual's supervising ethics office.

Requires such an individual to recuse himself or herself whenever there is or there appears to be a conflict of interest with respect to the subject matter of the statement. Requires the individual, upon such a recusal, to notify the supervising ethics office and submit the relevant disclosure statement.

(Sec. 18) Amends the federal criminal code to subject to a fine or imprisonment of up to 15 years, or both, as well as possible disqualification from holding federal office, certain covered government persons, in addition to Member of Congress and congressional employees, who with the intent to influence, on the basis of partisan political affiliation, an employment decision or employment practice of any private entity: (1) takes or withholds, or offers or threatens to take or withhold, an official act; or (2) influences, or offers or threatens to influence, the official act of another.

Extends the meaning of "covered government person" (currently restricted to Members of Congress and congressional employees) to include the President, Vice President, an employee of the U.S. Postal Service or the Postal Regulatory Commission, or any other executive branch employee.

(Sec. 19) Makes conforming amendments to EGA and the Honest Leadership and Open Government Act of 2007.

Requires retention and public availability of the financial disclosure reports of Members of the House until six years after the date an individual ceases to be a Member of Congress (currently, six years after receipt of the report).

Who voted for it

Every House member of the 112th Congress on the ideology compass. Highlighted: the 417 who voted yea on final passage. Faded: everyone else, including those who voted nay, did not vote, or had not yet taken office.

417 yea2 nay14 present or did not vote

ProEstablishmentAnti

Economic left–right

More liberalMore conservative

Democrats who voted yea(185)

Rep. Dennis KucinichD-OH-10
Rep. Bob FilnerD-CA-51
Rep. Barbara LeeD-CA-9
Rep. Jan SchakowskyD-IL-9
Rep. Raúl GrijalvaD-AZ-7
Rep. Yvette ClarkeD-NY-11
Rep. Jim McDermottD-WA-7
Rep. Donald PayneD-NJ-10
Rep. John OlverD-MA-1
Rep. Pete StarkD-CA-13
Rep. Jesse JacksonD-IL-2
Rep. John ConyersD-MI-14
Rep. Gwen MooreD-WI-4
Rep. Michael CapuanoD-MA-8
Rep. Lynn WoolseyD-CA-6
Rep. Bobby RushD-IL-1
Rep. Maurice HincheyD-NY-22
Rep. John LewisD-GA-5
Rep. Nydia VelázquezD-NY-12
Rep. Ed MarkeyD-MA-7
Rep. Robert BradyD-PA-1
Rep. Ed TownsD-NY-10
Rep. Grace NapolitanoD-CA-38
Rep. Mike HondaD-CA-15
Rep. Karen BassD-CA-33
Rep. Keith EllisonD-MN-5
Rep. Frank PalloneD-NJ-6
Rep. Wm. ClayD-MO-1
Rep. José SerranoD-NY-16
Rep. Alcee HastingsD-FL-23
Rep. Jim McGovernD-MA-3
Rep. Judy ChuD-CA-32
Rep. Maxine WatersD-CA-35
Rep. Danny DavisD-IL-7
Rep. Jerrold NadlerD-NY-8
Rep. Elijah CummingsD-MD-7
Rep. Xavier BecerraD-CA-31
Rep. Sheila Jackson LeeD-TX-18
Rep. Hank JohnsonD-GA-4
Rep. Linda SánchezD-CA-39
Rep. Louise SlaughterD-NY-28
Rep. Rush HoltD-NJ-12
Rep. Mazie HironoD-HI-2
Rep. Charlie RangelD-NY-15
Rep. John SarbanesD-MD-3
Rep. Ed PastorD-AZ-4
Rep. Tammy BaldwinD-WI-2
Rep. Frederica WilsonD-FL-17
Rep. Eddie JohnsonD-TX-30
Rep. Cedric RichmondD-LA-2
Rep. Hansen ClarkeD-MI-13
Rep. Jim ClyburnD-SC-6
Rep. Dale KildeeD-MI-5
Rep. Michael DoyleD-PA-14
Rep. Emanuel CleaverD-MO-5
Rep. Mel WattD-NC-12
Rep. George MillerD-CA-7
Rep. John TierneyD-MA-6
Rep. Lucille Roybal-AllardD-CA-34
Rep. Luis GutiérrezD-IL-4
Rep. Rosa DeLauroD-CT-3
Rep. Corrine BrownD-FL-3
Rep. Brad MillerD-NC-13
Rep. Ted DeutchD-FL-19
Rep. Nancy PelosiD-CA-8
Rep. Richard NealD-MA-2
Rep. Tim RyanD-OH-17
Rep. Gregory MeeksD-NY-6
Rep. Chellie PingreeD-ME-1
Rep. John DingellD-MI-15
Rep. David PriceD-NC-4
Rep. Janice HahnD-CA-36
Rep. Bill PascrellD-NJ-8
Rep. Gary AckermanD-NY-5
Rep. Betty SuttonD-OH-13
Rep. Henry WaxmanD-CA-30
Rep. Eliot EngelD-NY-17
Rep. Betty McCollumD-MN-4
Rep. John LarsonD-CT-1
Rep. Doris MatsuiD-CA-5
Rep. Debbie Wasserman SchultzD-FL-20
Rep. Paul TonkoD-NY-21
Rep. Albio SiresD-NJ-13
Rep. Al GreenD-TX-9
Rep. Joe CrowleyD-NY-7
Rep. André CarsonD-IN-7
Rep. Rob AndrewsD-NJ-1
Rep. Steny HoyerD-MD-5
Rep. Chaka FattahD-PA-2
Rep. Barney FrankD-MA-4
Rep. Diana DeGetteD-CO-1
Rep. Sam FarrD-CA-17
Rep. Marcy KapturD-OH-9
Rep. Steve CohenD-TN-9
Rep. Bobby ScottD-VA-3
Rep. David CicillineD-RI-1
Rep. John YarmuthD-KY-3
Rep. Peter ViscloskyD-IN-1
Rep. Mike ThompsonD-CA-1
Rep. Steve IsraelD-NY-2
Rep. Steven RothmanD-NJ-9
Rep. Kathy CastorD-FL-11
Rep. Lois CappsD-CA-23
Rep. Chris Van HollenD-MD-8
Rep. Carolyn MaloneyD-NY-14
Rep. G.K. ButterfieldD-NC-1
Rep. Suzanne BonamiciD-OR-1
Rep. Colleen HanabusaD-HI-1
Rep. Sander LevinD-MI-12
Rep. Russ CarnahanD-MO-3
Rep. Jim LangevinD-RI-2
Rep. Nita LoweyD-NY-18
Rep. Joe BacaD-CA-43
Rep. Joe CourtneyD-CT-2
Rep. Loretta SanchezD-CA-47
Rep. Peter WelchD-VT
Rep. Howard BermanD-CA-28
Rep. Rubén HinojosaD-TX-15
Rep. Terri SewellD-AL-7
Rep. Silvestre ReyesD-TX-16
Rep. Lloyd DoggettD-TX-25
Rep. Charlie GonzalezD-TX-20
Rep. Jim MoranD-VA-8
Rep. Niki TsongasD-MA-5
Rep. David ScottD-GA-13
Rep. Norm DicksD-WA-6
Rep. Zoe LofgrenD-CA-16
Rep. John GaramendiD-CA-10
Rep. Susan DavisD-CA-53
Rep. Brad ShermanD-CA-27
Rep. William KeatingD-MA-10
Rep. Adam SchiffD-CA-29
Rep. Allyson SchwartzD-PA-13
Rep. Ben LujánD-NM-3
Rep. Jackie SpeierD-CA-12
Rep. Stephen LynchD-MA-9
Rep. Timothy BishopD-NY-1
Rep. Anna EshooD-CA-14
Rep. Mark CritzD-PA-12
Rep. Brian HigginsD-NY-27
Rep. Jerry McNerneyD-CA-11
Rep. Bruce BraleyD-IA-1
Rep. Carolyn McCarthyD-NY-4
Rep. Rick LarsenD-WA-2
Rep. Tim HoldenD-PA-17
Rep. A. Dutch RuppersbergerD-MD-2
Rep. Mike QuigleyD-IL-5
Rep. Jerry CostelloD-IL-12
Rep. Laura RichardsonD-CA-37
Rep. Jay InsleeD-WA-1
Rep. Timothy WalzD-MN-1
Rep. Shelley BerkleyD-NV-1
Rep. Adam SmithD-WA-9
Rep. Martin HeinrichD-NM-1
Rep. Sanford BishopD-GA-2
Rep. Gerald ConnollyD-VA-11
Rep. Peter DeFazioD-OR-4
Rep. David LoebsackD-IA-2
Rep. Gene GreenD-TX-29
Rep. Christopher MurphyD-CT-5
Rep. Nick RahallD-WV-3
Rep. Gary PetersD-MI-9
Rep. Ed PerlmutterD-CO-7
Rep. Jared PolisD-CO-2
Rep. Jim HimesD-CT-4
Rep. Leonard BoswellD-IA-3
Rep. Ron KindD-WI-3
Rep. Daniel LipinskiD-IL-3
Rep. Henry CuellarD-TX-28
Rep. Kathleen HochulD-NY-26
Rep. Ben ChandlerD-KY-6
Rep. John BarrowD-GA-12
Rep. Joe DonnellyD-IN-2
Rep. Kurt SchraderD-OR-5
Rep. Jim CostaD-CA-20
Rep. William OwensD-NY-23
Rep. Jim CooperD-TN-5
Rep. Jason AltmireD-PA-4
Rep. Collin PetersonD-MN-7
Rep. Larry KissellD-NC-8
Rep. Mike McIntyreD-NC-7
Rep. Mike RossD-AR-4
Rep. Dan BorenD-OK-2
Rep. Heath ShulerD-NC-11
Rep. Jim MathesonD-UT-2

Republicans who voted yea(232)

Rep. Walter JonesR-NC-3
Rep. Steven LaTouretteR-OH-14
Rep. Patrick MeehanR-PA-7
Rep. Jim GerlachR-PA-6
Rep. Bob DoldR-IL-10
Rep. Ileana Ros-LehtinenR-FL-18
Rep. David ReichertR-WA-8
Rep. Mario Diaz-BalartR-FL-21
Rep. Frank LoBiondoR-NJ-2
Rep. Pete KingR-NY-3
Rep. Chris SmithR-NJ-4
Rep. Jon RunyanR-NJ-3
Rep. Charles DentR-PA-15
Rep. Christopher GibsonR-NY-20
Rep. Michael GrimmR-NY-13
Rep. Judy BiggertR-IL-13
Rep. Richard HannaR-NY-24
Rep. Rodney FrelinghuysenR-NJ-11
Rep. Lou BarlettaR-PA-11
Rep. Tom LathamR-IA-4
Rep. Shelley CapitoR-WV-2
Rep. Michael FitzpatrickR-PA-8
Rep. David McKinleyR-WV-1
Rep. David RiveraR-FL-25
Rep. Frank WolfR-VA-10
Rep. Michael TurnerR-OH-3
Rep. Charlie BassR-NH-2
Rep. Mike SimpsonR-ID-2
Rep. Steve StiversR-OH-15
Rep. Aaron SchockR-IL-18
Rep. Robert TurnerR-NY-9
Rep. Nan HayworthR-NY-19
Rep. Hal RogersR-KY-5
Rep. Tom ColeR-OK-4
Rep. Rodney AlexanderR-LA-5
Rep. Mike RogersR-AL-3
Rep. Jeff FortenberryR-NE-1
Rep. Adam KinzingerR-IL-11
Rep. Frank LucasR-OK-3
Rep. Glenn ThompsonR-PA-5
Rep. Jerry LewisR-CA-41
Rep. Jo Ann EmersonR-MO-8
Rep. Mike KellyR-PA-3
Rep. Ander CrenshawR-FL-4
Rep. John ShimkusR-IL-19
Rep. Joseph HeckR-NV-3
Rep. Steve WomackR-AR-3
Rep. Denny RehbergR-MT
Rep. Jo BonnerR-AL-1
Rep. Ed WhitfieldR-KY-1
Rep. Ken CalvertR-CA-44
Rep. W. Bill YoungR-FL-10
Rep. Pat TiberiR-OH-12
Rep. Brian BilbrayR-CA-50
Rep. Rick CrawfordR-AR-1
Rep. Steve AustriaR-OH-7
Rep. Robert AderholtR-AL-4
Rep. Buck McKeonR-CA-25
Rep. Rick BergR-ND
Rep. Geoff DavisR-KY-4
Rep. Leonard LanceR-NJ-7
Rep. Spencer BachusR-AL-6
Rep. Kay GrangerR-TX-12
Rep. David DreierR-CA-26
Rep. Tom ReedR-NY-29
Rep. Gregg HarperR-MS-3
Rep. Daniel LungrenR-CA-3
Rep. Robert WittmanR-VA-1
Rep. Tim MurphyR-PA-18
Rep. Martha RobyR-AL-2
Rep. Thad McCotterR-MI-11
Rep. Doc HastingsR-WA-4
Rep. Kristi NoemR-SD
Rep. Chip CravaackR-MN-8
Rep. Greg WaldenR-OR-2
Rep. Elton GalleglyR-CA-24
Rep. Bobby SchillingR-IL-17
Rep. Tom MarinoR-PA-10
Rep. Randy ForbesR-VA-4
Rep. John CarterR-TX-31
Rep. Dave CampR-MI-4
Rep. Brett GuthrieR-KY-2
Rep. Jaime Herrera BeutlerR-WA-3
Rep. James RenacciR-OH-16
Rep. Lamar SmithR-TX-21
Rep. Timothy JohnsonR-IL-15
Rep. Larry BucshonR-IN-8
Rep. Gus BilirakisR-FL-9
Rep. Peter RoskamR-IL-6
Rep. Lee TerryR-NE-2
Rep. Fred UptonR-MI-6
Rep. Jeff DenhamR-CA-19
Rep. Vern BuchananR-FL-13
Rep. Mary Bono MackR-CA-45
Rep. Scott TiptonR-CO-3
Rep. Erik PaulsenR-MN-3
Rep. Roscoe BartlettR-MD-6
Rep. Tim GriffinR-AR-2
Rep. Bob GibbsR-OH-18
Rep. Frank GuintaR-NH-1
Rep. Candice MillerR-MI-10
Rep. Michael McCaulR-TX-10
Rep. Scott RigellR-VA-2
Rep. Mark AmodeiR-NV-2
Rep. Allen WestR-FL-22
Rep. Bill CassidyR-LA-6
Rep. Renee EllmersR-NC-2
Rep. Cathy McMorris RodgersR-WA-5
Rep. Steven PalazzoR-MS-4
Rep. Blaine LuetkemeyerR-MO-9
Rep. Bill JohnsonR-OH-6
Rep. Devin NunesR-CA-21
Rep. Daniel WebsterR-FL-8
Rep. Jean SchmidtR-OH-2
Rep. Charles BoustanyR-LA-7
Rep. John SullivanR-OK-1
Rep. Kevin McCarthyR-CA-22
Rep. Joe BartonR-TX-6
Rep. Phil RoeR-TN-1
Rep. Ralph HallR-TX-4
Rep. Eric CantorR-VA-7
Rep. Randy HultgrenR-IL-14
Rep. Alan NunneleeR-MS-1
Rep. Mike CoffmanR-CO-6
Rep. Chuck FleischmannR-TN-3
Rep. Sean DuffyR-WI-7
Rep. Sam GravesR-MO-6
Rep. Adrian SmithR-NE-3
Rep. Howard CobleR-NC-6
Rep. Joseph PittsR-PA-16
Rep. Gary MillerR-CA-42
Rep. Steve PearceR-NM-2
Rep. John MicaR-FL-7
Rep. Pete OlsonR-TX-22
Rep. Paul GosarR-AZ-1
Rep. Scott DesJarlaisR-TN-4
Rep. Cory GardnerR-CO-4
Rep. Robert LattaR-OH-5
Rep. Vicky HartzlerR-MO-4
Rep. John KlineR-MN-2
Rep. Steve KingR-IA-5
Rep. Morgan GriffithR-VA-9
Rep. Richard NugentR-FL-5
Rep. Sue MyrickR-NC-9
Rep. Stephen FincherR-TN-8
Rep. Thomas RooneyR-FL-16
Rep. Blake FarentholdR-TX-27
Rep. John CulbersonR-TX-7
Rep. Darrell IssaR-CA-49
Rep. Andy HarrisR-MD-1
Rep. Donald ManzulloR-IL-16
Rep. James LankfordR-OK-5
Rep. Todd YoungR-IN-9
Rep. Paul RyanR-WI-1
Rep. Tom PetriR-WI-6
Rep. Bill PoseyR-FL-15
Rep. Jack KingstonR-GA-1
Rep. Sam JohnsonR-TX-3
Rep. Mac ThornberryR-TX-13
Rep. Lynn JenkinsR-KS-2
Rep. Bob GoodlatteR-VA-6
Rep. Todd AkinR-MO-2
Rep. Quico CansecoR-TX-23
Rep. Rob BishopR-UT-1
Rep. Mo BrooksR-AL-5
Rep. Robert HurtR-VA-5
Rep. Tim WalbergR-MI-7
Rep. Ann Marie BuerkleR-NY-25
Rep. Diane BlackR-TN-6
Rep. Sandy AdamsR-FL-24
Rep. Wally HergerR-CA-2
Rep. Phil GingreyR-GA-11
Rep. Duncan HunterR-CA-52
Rep. Steve SoutherlandR-FL-2
Rep. Kevin YoderR-KS-3
Rep. Dan BenishekR-MI-1
Rep. Steve ScaliseR-LA-1
Rep. Kenny MarchantR-TX-24
Rep. Reid RibbleR-WI-8
Rep. Dennis RossR-FL-12
Rep. Bill FloresR-TX-17
Rep. Austin ScottR-GA-8
Rep. Patrick McHenryR-NC-10
Rep. Kevin BradyR-TX-8
Rep. Jeff LandryR-LA-3
Rep. Louie GohmertR-TX-1
Rep. Joe WilsonR-SC-2
Rep. Pete SessionsR-TX-32
Rep. Billy LongR-MO-7
Rep. John FlemingR-LA-4
Rep. Mike PenceR-IN-6
Rep. Steve ChabotR-OH-1
Rep. Cliff StearnsR-FL-6
Rep. Cynthia LummisR-WY
Rep. Ted PoeR-TX-2
Rep. Michele BachmannR-MN-6
Rep. Todd RokitaR-IN-4
Rep. Dana RohrabacherR-CA-46
Rep. Michael BurgessR-TX-26
Rep. Marsha BlackburnR-TN-7
Rep. David SchweikertR-AZ-5
Rep. Bill HuizengaR-MI-2
Rep. Tom PriceR-GA-6
Rep. Ed RoyceR-CA-40
Rep. Jimmy DuncanR-TN-2
Rep. Jeff MillerR-FL-1
Rep. Michael ConawayR-TX-11
Rep. Jason ChaffetzR-UT-3
Rep. Jeb HensarlingR-TX-5
Rep. Tim ScottR-SC-1
Rep. Virginia FoxxR-NC-5
Rep. Randy NeugebauerR-TX-19
Rep. James SensenbrennerR-WI-5
Rep. Mike PompeoR-KS-4
Rep. Trent FranksR-AZ-2
Rep. Connie MackR-FL-14
Rep. Trey GowdyR-SC-4
Rep. Doug LambornR-CO-5
Rep. Ben QuayleR-AZ-3
Rep. Raúl LabradorR-ID-1
Rep. Tim HuelskampR-KS-1
Rep. Jim JordanR-OH-4
Rep. Jeff DuncanR-SC-3
Rep. Joe WalshR-IL-8
Rep. Scott GarrettR-NJ-5
Rep. Marlin StutzmanR-IN-3
Rep. Tom McClintockR-CA-4
Rep. Mick MulvaneyR-SC-5
Rep. Justin AmashR-MI-3
Rep. Tom GravesR-GA-9
Rep. Paul BrounR-GA-10
Rep. Jeff FlakeR-AZ-6

Data notes

The House’s recorded vote on the final version of the law (roll call 991 in Voteview), matched to the vote the record cites and checked against its totals. Positions are each member’s DW-NOMINATE score for that Congress, as on the Ideology page; left to right is more liberal to more conservative. Paired and announced yea votes count as yea. Lists follow the compass, most liberal first. A name links to a profile only for members of the current Congress. A law passed by voice vote or unanimous consent has no member list, and neither does a vote Voteview has not yet recorded.

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Committees

The committees the bill was sent to, and what each did with it.

Homeland Security and Governmental Affairs Committee · Senate · reported original measure

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Related bills

2 bills the Library of Congress relates to this one.

H.R. 1148Related bill
Stop Trading on Congressional Knowledge Act
H.R. 4054Related bill
Restore Public Trust Act

Data notes

Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 38 actions.

Dec 3, 2012FloorFloor · By Senator Lieberman from Committee on Homeland Security and Governmental Affairs filed written report. Report No. 112-244.
Apr 4, 2012Became lawBecame law · Became Public Law No: 112-105.
Became lawBecame law · Signed by President.
Mar 28, 2012FloorFloor · Presented to President.
Mar 27, 2012FloorFloor · Message on Senate action sent to the House.
Mar 22, 2012Resolving differencesResolving differences · Senate agreed to House amendment to the bill (S. 2038) by Unanimous Consent.
FloorFloor · Motion by Senator Reid to concur in the House amendment to the bill (S. 2038) with an amendment (SA 1940) withdrawn in Senate by Unanimous Consent.
FloorFloor · Motion by Senator Reid to refer to Senate Committee on Homeland Security and Governmental Affairs the House message on S. 2038 with instructions to report back forthwith with amendment (SA 1942) fell when cloture invoked on the motion to concur in the House amendment to the bill…
FloorFloor · Cloture on the motion to concur in the House amendment to the bill (S. 2038) invoked in Senate by Yea-Nay Vote. 96 - 3. Record Vote Number: 56.Senate roll call 56
FloorFloor · Considered by Senate (Message from the House considered).
OtherOther · Resolving differences -- Senate actions: Senate agreed to House amendment to the bill (S. 2038) by Unanimous Consent.
Mar 20, 2012FloorFloor · Motion by Senator Reid to refer to Senate Committee on Homeland Security and Governmental Affairs the House message on S. 2038 with instructions to report back forthwith with amendment (SA 1942) made in Senate.
FloorFloor · Motion by Senator Reid to concur in the House amendment to the bill (S. 2038) with an amendment (SA 1940) made in Senate.
FloorFloor · Cloture motion on the motion to concur in the House amendment to the bill (S. 2038) presented in Senate.
FloorFloor · Motion by Senator Reid to concur in the House amendment to the bill (S. 2038) made in Senate.
FloorFloor · Measure laid before Senate by unanimous consent.
Feb 9, 2012FloorFloor · Message on House action received in Senate and at desk: House amendment to Senate bill.
FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
FloorFloor · On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 2 (Roll no. 47).House roll call 47
FloorFloor · DEBATE - The House proceeded with forty minutes of debate on S. 2038.
FloorFloor · Considered under suspension of the rules.
FloorFloor · Mr. Smith (TX) moved to suspend the rules and pass the bill, as amended.
Feb 6, 2012FloorFloor · Held at the desk.
FloorFloor · Received in the House.
FloorFloor · Message on Senate action sent to the House.
Feb 2, 2012FloorFloor · Passed Senate with an amendment by Yea-Nay Vote. 96 - 3. Record Vote Number: 14.Senate roll call 14
FloorFloor · Considered by Senate.
Feb 1, 2012FloorFloor · Considered by Senate.
Jan 31, 2012FloorFloor · Measure laid before Senate by unanimous consent.
FloorFloor · Motion to proceed to consideration of measure agreed to in Senate by Voice Vote.

Data notes

Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.

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Amendments

47 amendments offered to the bill, with the last recorded step of each.

Offered by

Where each amendment ended up

S.Amdt. 1945SenateSen. Patrick LeahyD-VT· offered Mar 21, 2012No vote recorded
Mar 21, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1944SenateSen. Harry ReidD-NV· offered Mar 20, 2012Fell
Of a perfecting nature.
Mar 22, 2012: SA 1944 fell when SA 1943 fell. (consideration: CR S1981)
Fell
S.Amdt. 1943SenateSen. Harry ReidD-NV· offered Mar 20, 2012Fell
Of a perfecting nature.
Mar 22, 2012: SA 1943 fell when SA 1942 fell. (consideration: CR S1981)
Fell
S.Amdt. 1942SenateSen. Harry ReidD-NV· offered Mar 20, 2012Fell
To change the enactment date.
Mar 22, 2012: SA 1942 fell when cloture invoked on the motion to concur in the House amendment to the bill (S. 2038). (consideration: CR S1981)
Fell
S.Amdt. 1941SenateSen. Harry ReidD-NV· offered Mar 20, 2012Fell
Of a perfecting nature.
Mar 22, 2012: SA 1941 fell when SA 1940 withdrawn. (consideration: CR S1981)
Fell
S.Amdt. 1940SenateSen. Harry ReidD-NV· offered Mar 20, 2012Withdrawn
To change the enactment date.
Mar 22, 2012: Proposed amendment SA 1940 withdrawn in Senate. (consideration: CR S1981)
Withdrawn
S.Amdt. 1511SenateSen. Joseph LiebermanD-CT· offered Feb 2, 2012Agreed to
To extend the STOCK Act to ensure that the reporting requirements set forth in the STOCK Act apply to the executive branch and independent agencies.
Feb 2, 2012: Amendment SA 1511 agreed to in Senate by Yea-Nay Vote. 81 - 18. Record Vote Number: 6.
Agreed to
S.Amdt. 1510SenateSen. Michael EnziR-WY· offered Feb 1, 2012Agreed to
To clarify that the transaction reporting requirement is not intended to apply to widely held investment funds.
Feb 2, 2012: Amendment SA 1510 agreed to in Senate by Voice Vote.
Agreed to
S.Amdt. 1509SenateSen. David VitterR-LA· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1508SenateSen. Jack ReedD-RI· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1507SenateSen. Jack ReedD-RI· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1506SenateSen. Kay HutchisonR-TX· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1505SenateSen. Rob PortmanR-OH· offered Feb 1, 2012Agreed to
To clarify that political intelligence includes information gathered from executive branch employees, Congressional employees, and Members of Congress.
Feb 2, 2012: Amendment SA 1505 agreed to in Senate by Voice Vote.
Agreed to
S.Amdt. 1504SenateSen. Christopher CoonsD-DE· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1503SenateSen. Jon TesterD-MT· offered Feb 1, 2012Withdrawn
To require Senate candidates to file designations, statements, and reports in electronic form.
Feb 2, 2012: Proposed amendment SA 1503 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1502SenateSen. Michael BennetD-CO· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1501SenateSen. John McCainR-AZ· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1500SenateSen. Jim InhofeR-OK· offered Feb 1, 2012Rejected
To prohibit unauthorized earmarks.
Feb 2, 2012: Amendment SA 1500, under the order of 2/2/2012, not having achieved 60 votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 26 - 73. Record Vote Number: 9.
Rejected
S.Amdt. 1499SenateSen. Bob CorkerR-TN· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1498SenateSen. Richard BlumenthalD-CT· offered Feb 1, 2012Agreed to
To amend title 5, United States Code, to deny retirement benefits accrued by an individual as a Member of Congress if such individual is convicted of certain offenses.
Feb 2, 2012: Amendment SA 1498 agreed to in Senate by Voice Vote.
Agreed to
S.Amdt. 1497SenateSen. Bob CorkerR-TN· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1496SenateSen. Bob CorkerR-TN· offered Feb 1, 2012No vote recorded
Feb 1, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1494SenateSen. Ron WydenD-OR· offered Jan 31, 2012No vote recorded
Jan 31, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1493SenateSen. Chuck GrassleyR-IA· offered Jan 31, 2012Agreed to
To require disclosure of political intelligence activities under Lobbying Disclosure Act of 1995.
Feb 2, 2012: Amendment SA 1493, under the order of 2/2/2012, having achieved 60 votes in the affirmative, was agreed to in Senate by Yea-Nay Vote. 60 - 39. Record Vote Number: 12.
Agreed to
S.Amdt. 1492SenateSen. Jon TesterD-MT· offered Jan 31, 2012Withdrawn
To amend the Securities Act of 1933 to require the Securities and Exchange Commission to exempt a certain class of securities from such Act.
Feb 2, 2012: Proposed amendment SA 1492 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1491SenateSen. Richard ShelbyR-AL· offered Jan 31, 2012Agreed to
To extend the STOCK Act to ensure that the reporting requirements set forth in the STOCK Act apply to the executive branch and independent agencies.
Feb 2, 2012: Amendment SA 1491 as modified agreed to in Senate by Yea-Nay Vote. 58 - 41. Record Vote Number: 7.
Agreed to
S.Amdt. 1490SenateSen. Rand PaulR-KY· offered Jan 31, 2012Withdrawn
To require former Members of Congress to forfeit Federal retirement benefits if they work as a lobbyist or engage in lobbying activities.
Feb 2, 2012: Proposed amendment SA 1490 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1489SenateSen. Barbara BoxerD-CA· offered Jan 31, 2012Agreed to
To require full and complete public disclosure of the terms of home mortgages held by Members of Congress, the President, the Vice President, and executive branch officers nominated or appointed to a position by the President, by and with …
Feb 2, 2012: Amendment SA 1489 as modified agreed to in Senate by Voice Vote. (text as modified: CR S298)
Agreed to
S.Amdt. 1488SenateSen. Jim DeMintR-SC· offered Jan 31, 2012Rejected
To express the sense of the Senate that the Senate should pass a joint resolution proposing an amendment to the Constitution that limits the number of terms a Member of Congress may serve.
Feb 2, 2012: Amendment SA 1488, under the order of 2/2/2012, not having achieved 60 votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 24 - 75. Record Vote Number: 11.
Rejected
S.Amdt. 1487SenateSen. Rand PaulR-KY· offered Jan 31, 2012Rejected
To prohibit executive branch appointees or staff holding positions that give them oversight, rule-making, loan or grant-making abilities over industries or companies in which they or their spouse have a significant financial interest.
Feb 2, 2012: Amendment SA 1487, under the order of 2/2/2012, not having achieved 60 votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 48 - 51. Record Vote Number: 5.
Rejected
S.Amdt. 1486SenateSen. Bob CorkerR-TN· offered Jan 31, 2012No vote recorded
Jan 31, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1485SenateSen. Rand PaulR-KY· offered Jan 31, 2012Withdrawn
To extend the transaction reporting requirement to judicial officers and senior executive branch employees.
Feb 2, 2012: Proposed amendment SA 1485 withdrawn in Senate. (consideration: CR S301)
Withdrawn
S.Amdt. 1484SenateSen. Rand PaulR-KY· offered Jan 31, 2012Rejected
To require Members of Congress to certify that they are not trading using material, non-public information.
Feb 2, 2012: Amendment SA 1484 not agreed to in Senate by Yea-Nay Vote. 37 - 61. Record Vote Number: 4.
Rejected
S.Amdt. 1483SenateSen. Patrick LeahyD-VT· offered Jan 31, 2012Agreed to
To deter public corruption, and for other purposes.
Feb 2, 2012: Amendment SA 1483 agreed to in Senate by Voice Vote.
Agreed to
S.Amdt. 1482SenateSen. Joseph LiebermanD-CT· offered Jan 31, 2012Agreed to
To make a technical amendment to a reporting requirement.
Feb 2, 2012: Amendment SA 1482 agreed to in Senate by Voice Vote.
Agreed to
S.Amdt. 1481SenateSen. Sherrod BrownD-OH· offered Jan 31, 2012Rejected
To prohibit financial conflicts of interest by Senators and staff.
Feb 2, 2012: Amendment SA 1481, under the order of 2/2/2012, not having achieved 60 votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 26 - 73. Record Vote Number: 13.
Rejected
S.Amdt. 1480SenateSen. Dean HellerR-NV· offered Jan 31, 2012No vote recorded
Jan 31, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1479SenateSen. Dean HellerR-NV· offered Jan 31, 2012No vote recorded
Jan 31, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1478SenateSen. Sherrod BrownD-OH· offered Jan 31, 2012Withdrawn
To change the reporting requirement to 10 days.
Feb 2, 2012: Proposed amendment SA 1478 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1477SenateSen. John ThuneR-SD· offered Jan 31, 2012Withdrawn
To direct the Securities and Exchange Commission to eliminate the prohibition against general solicitation as a requirement for a certain exemption under Regulation D.
Feb 2, 2012: Proposed amendment SA 1477 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1476SenateSen. Thomas CoburnR-OK· offered Jan 30, 2012Withdrawn
In the nature of a substitute.
Feb 2, 2012: Proposed amendment SA 1476 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1475SenateSen. Thomas CoburnR-OK· offered Jan 30, 2012No vote recorded
Jan 30, 2012: Senate amendment submitted
Offered, no vote recorded
S.Amdt. 1474SenateSen. Thomas CoburnR-OK· offered Jan 30, 2012Withdrawn
To require that all legislation be placed online for 72 hours before it is voted on by the Senate or the House.
Feb 2, 2012: Proposed amendment SA 1474 withdrawn in Senate. (consideration: CR S299)
Withdrawn
S.Amdt. 1473SenateSen. Thomas CoburnR-OK· offered Jan 30, 2012Rejected
To prevent the creation of duplicative and overlapping Federal programs.
Feb 2, 2012: Amendment SA 1473, under the order of 2/2/2012, not having achieved 67 votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 60 - 39. Record Vote Number: 10.
Rejected
S.Amdt. 1472SenateSen. Pat ToomeyR-PA· offered Jan 30, 2012Rejected
To prohibit earmarks.
Feb 2, 2012: Amendment SA 1472, under the order of 2/2/2012, not having achieved 60 votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 40 - 59. Record Vote Number: 8.
Rejected
S.Amdt. 1471SenateSen. John McCainR-AZ· offered Jan 30, 2012Agreed to
To protect the American taxpayer by prohibiting bonuses for Senior Executives at Fannie Mae and Freddie Mac while they are in conservatorship.
Feb 2, 2012: Amendment SA 1471 agreed to in Senate by Voice Vote.
Agreed to
S.Amdt. 1470SenateSen. Harry ReidD-NV· offered Jan 30, 2012Agreed to
In the nature of a substitute.
Feb 2, 2012: Amendment SA 1470 agreed to in Senate by Unanimous Consent.
Agreed to

Data notes

Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.

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Official record

The bill’s full text is on Congress.gov. Data through Oct 7, 2026.