No Cashing In Act
Sponsor

Full profile: /officials/P000614
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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.
2026-06-30
Source: Congress.gov
Committee Activity
Currently in
- House Committee on House AdministrationReferred To · 2026-06-30
- House Committee on Oversight and Government ReformReferred To · 2026-06-30
Plain-English Summary
Former members of Congress would be required to file yearly financial disclosure reports showing their income, assets, and potential conflicts of interest, similar to requirements that currently apply to sitting members. This would increase transparency about what former lawmakers earn after leaving office and help the public track whether they benefit financially from their time in Congress. The requirement would apply to all former members and would be enforced by the House and Senate ethics committees.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Full Bill Text
Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9563 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9563 To require former Members of Congress to file annual financial disclosure reports, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 30, 2026 Mr. Pappas (for himself and Mr. Nunn of Iowa) introduced the following bill; which was referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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 _______________________________________________________________________ A BILL To require former Members of Congress to file annual financial disclosure reports, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No Cashing In Act''. SEC. 2. ETHICS REQUIREMENTS FOR FORMER MEMBERS OF CONGRESS. (a) Annual Financial Disclosure Reports.--Any individual who serves in the position of Member of Congress, shall, after termination of employment from such position, file the annual report under section 13104 of title 5, United States Code, each year for a period of ten years or the period in which such individual receives an annuity, whichever is greater. (b) Annuity Reduction.--The annuity under chapter 83 or chapter 84 of title 5, United States Code, for an individual described under subsection (a) shall be reduced by the amount equal to any income received in the previous calendar year by such individual from a substantial lobbying entity for services rendered to such entity. (c) Definitions.--In this Act: (1) Lobbyist.--The term ``lobbyist'' has the meaning given such term in section 3 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1602). (2) Member of congress.--The term ``Member of Congress'' has the meaning given such term in section 13101 of title 5, United States Code. (3) Substantial lobbying entity.--The term ``substantial lobbying entity'' means a company that has more than three lobbyists or spends more than $10,000 on lobbying in a year. <all>
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