H.R. 396 Introduced Congress

TRUST in Congress Act

To require Members of Congress and their spouses and dependent children to place certain assets into blind trusts, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Magaziner, Seth [D-RI-2] Introduced January 14, 2025 Cosponsors 103 (84 D, 19 R) Latest action January 14, 2025

Summary

Transparent Representation Upholding Service and Trust in Congress Act or the TRUST in Congress Act
This bill requires a Member of Congress, as well as any spouse or dependent child of a Member, to place specified investments into a qualified blind trust (i.e., an arrangement in which certain financial holdings are placed in someone else's control to avoid a possible conflict of interest) until 180 days after the end of their tenure as a Member of Congress.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Jan 14, 2025 Referred to the House Committee on House Administration.
  2. Jan 14, 2025 Introduced in House

Congressional and federal records come from official public sources: the House Clerk, the U.S. Senate, GovInfo and the Library of Congress (bill status), the Federal Register, and the congress-legislators project. They are copied on a schedule and may lag the official record by a few hours; the official sources govern. News and coverage counts are drawn from the 4Conservative index and reflect what the press published, not 4Conservative's views. Nothing here is an endorsement of any candidate, party or position. Terms of use.