S1498Reported by Committee
Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-04-28
Introduced
5
Cosponsors
S
ⓘType
Sponsor
Josh Hawley
Republican · MO · Senator
Votes with party: 72.1% (821 recorded votes)
Top industries funding sponsor:
- Conservative Groups$382k
Full profile: /officials/H001089
Source: Congress.gov · FEC
Cosponsors (5)
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 →
Placed on Senate Legislative Calendar under General Orders. Calendar No. 294.
2025-12-10
Source: Congress.gov
Committee Activity
Currently in
- Senate Committee on Homeland Security and Governmental AffairsReported By · 2025-12-10
Previously
- Homeland Security and Governmental Affairs CommitteeReported By · 2025-12-10
- Homeland Security and Governmental Affairs CommitteeMarkup By · 2025-07-30
- Senate Committee on Homeland Security and Governmental AffairsMarkup By · 2025-07-30
- Homeland Security and Governmental Affairs CommitteeReferred To · 2025-04-28
- Senate Committee on Homeland Security and Governmental AffairsReferred To · 2025-04-28
Plain-English Summary
The legislation would restrict members of Congress and their immediate families from buying and selling individual stocks while they serve in office, requiring them instead to use diversified investment funds like mutual funds or index funds. The bill aims to prevent lawmakers from potentially profiting from non-public information they gain through their work in Congress or appearing to make investment decisions based on insider knowledge. Members would have a transition period to move their existing stock holdings into compliant investments.
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.
Subjects
Congress
Full bill text is not yet cached locally.
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