How People Voted
87% For, 13% Against
80 votes cast
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P.L. 112-105, The STOCK Act
- This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on February 10, 2012, 06:58:04, by webmaster:
An original bill to prohibit Members of Congress and employees of Congress from using nonpublic information derived from their official positions for personal benefit.
Detailed Summary
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Status of the Legislation
Latest Major Action: 2/9/2012: Passed/agreed to in House. Status: 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).
Points in Favor
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Points Against
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Costs: $ per
and increases their $ share of the national debt by $.
(source: Congressional Budget Office)
Learn More
There was no up-or-down vote in the House.
There was no up-or-down vote in the Senate.
Visitor Comments
Johnny reb
February 1, 2012, 3:13am (report abuse)It is about time our elected officals abide buy the same rules they expect the people who vote them into office to day. To show their true intergrity to the country.They would vote to have the pay--CUT A GOOD BIT. Its disgraceful they expects the American public to live on little while they vote themselves huge pay raises.
kirby
(logged-in user) February 13, 2012, 3:37pm (report abuse)Note that the Definitions section says nothing about the families of the congress or its employees. This bill can never be made tight enough, but this version's not even close.
Robert Davis
April 9, 2012, 10:37am (report abuse)Cost of even one red cent for software and computer related Items is ridiculous. In order to stop congressional insider trading. From reading the bill I see no where would that cost anything. If it were to happen at all it should come from the pocket of the offender.
Mary S
April 9, 2012, 12:44pm (report abuse)It's pathetic that a law had to be done to stop this! When Congress and the president is not held to the same laws as everybody else, our government needs to change or be thrown out!
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From the Blog
WashingtonWatch.com Digest – January 30, 2012
This is the WashingtonWatch.com email newsletter for the week of January 30, 2012. Subscribe (free!) here. email newsletter | tell a friend | wiki | about | home | log in On the Blog: Control of Congress’ Pay This week, the House of Representativ...WashingtonWatch.com Digest – February 6, 2012
This is the WashingtonWatch.com email newsletter for the week of February 6, 2012. Subscribe here. email newsletter | tell a friend | wiki | about | home | log in On the Blog: Congress Doesn’t Budget We investigated the charge that the Senate has...WashingtonWatch.com Digest – April 9, 2012
This is the WashingtonWatch.com email newsletter for the week of April 9, 2012. Subscribe (free!) here. email newsletter | tell a friend | wiki | about | home | log in On the Blog: New Laws With Congress continuing its spring break, we took a look at t...Public Service and Privacy
Just before Congress left town for the August recess, it passed a bill to slam the brakes on implementation of the STOCK Act. That’s Public Law 112-105, the Stop Trading on Congressional Knowledge Act of 2012. Congress passed the law under pressu...WashingtonWatch.com Digest – August 27, 2012
This is the WashingtonWatch.com email newsletter for the week of August 27, 2012. Subscribe (free!) here. email newsletter | tell a friend | wiki | about | home | log in On the Blog: Public Officials’ Privacy Before leaving for its August recess,...The Other New Laws…
We’ve been pushing attention to what is now Public Law 112-175, the Continuing Appropriations Resolution, 2013. President Obama recently signed this continuing resolution into law. It funds the government (the parts of it not automatically funded...