Both sides have signed this (Bill Ranking)
H.R. 396 · 119th Congress (2025-2026)
104 members · Left 68 · Center 19 · Right 17 (Bill Ranking)
| Sponsor | Rep. Magaziner, Seth (D-RI) (Introduced 01/14/2025) |
|---|---|
| Sponsor Voting Record | Lean left · DW-NOMINATE -0.31 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 104 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | House - Committee on House Administration |
| Latest Action | 01/14/2025 Referred to the House Committee on House Administration. |
| Roll Call Votes | There have been no roll call votes |
| Source | view on congress.gov → |
Introduced in House (01/14/2025)
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.
119 HR 396 IH: Transparent Representation Upholding Service and Trust in Congress Act U.S. House of Representatives 2025-01-14 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I119th CONGRESS1st SessionH. R. 396IN THE HOUSE OF REPRESENTATIVESJanuary 14, 2025Mr. Magaziner (for himself, Mr. Roy, Ms. Adams, Mr. Beyer, Mr. Casar, Mr. Ciscomani, Mr. Cleaver, Ms. Craig, Mr. Crane, Mr. Crow, Ms. Davids of Kansas, Ms. DelBene, Mr. Deluzio, Mr. Garcia of California, Mr. Golden of Maine, Mr. Gottheimer, Ms. Houlahan, Mr. Huffman, Mr. Johnson of South Dakota, Mr. Keating, Mrs. Kim, Mr. Landsman, Mr. Lawler, Ms. Leger Fernandez, Mr. Levin, Ms. Mace, Ms. McCollum, Mr. Mrvan, Mr. Murphy, Mr. Nadler, Mr. Neguse, Ms. Norton, Ms. Perez, Mr. Perry, Ms. Pettersen, Mr. Pocan, Ms. Salinas, Ms. Sherrill, Mr. Sorensen, Mr. Stanton, Ms. Stevens, Ms. Titus, Mr. Tonko, Mr. Vasquez, Ms. Williams of Georgia, Mr. Mackenzie, and Mr. Pappas) introduced the following bill; which was referred to the Committee on House AdministrationA BILLTo require Members of Congress and their spouses and dependent children to place certain assets into blind trusts, and for other purposes.1.Short titleThis Act may be cited as the Transparent Representation Upholding Service and Trust in Congress Act or the TRUST in Congress Act.
2.Placement of certain assets of Members of Congress and their spouses and dependent children in blind trust(a)In general(1)Members occupying office on date of enactmentNot later than 180 days after the date of enactment of this Act, a Member of Congress and any spouse or dependent child of such Member shall place any covered investment owned by such Member, spouse, or dependent child into a qualified blind trust.(2)Members assuming office after date of enactmentNot later than 90 days after the date an individual becomes a Member of Congress after the date of enactment of this Act, such individual and any spouse or dependent child of such individual shall place any covered investment owned by such individual, spouse, or dependent child into a qualified blind trust.(3)Mingling of assetsA spouse or dependent child of a Member of Congress may place a covered investment in a qualified blind trust established by such Member under paragraph (1) or (2).(4)Assets upon separationA Member of Congress and any spouse or dependent child of such Member may not dissolve any qualified blind trust in which a covered investment has been placed pursuant to paragraph (1) or (2), or otherwise control such an investment, until the date that is 180 days after the date such Member ceases to be a Member of Congress.(b)Accountability(1)Members of the HouseA Member of Congress who is a Member of the House of Representatives shall—(A)not later than 15 days after the date a qualified blind trust is established under subsection (a), certify to the Clerk of the House of Representatives that such trust has been established and that any covered investment owned by such Member or a spouse or dependent child of such Member has been placed in such trust; or(B)certify to the Clerk that such Member or a spouse or dependent child of such Member does not own any covered investment.(2)Members of the SenateA Member of Congress who is a Senator shall—(A)not later than 15 days after the date a qualified blind trust is established under subsection (a), certify to the Secretary of the Senate that such trust has been established and that any covered investment owned by such Member or a spouse or dependent child of such Member has been placed in such trust; or(B)certify to the Secretary that such Member or a spouse or dependent child of such Member does not own any covered investment.(3)ReportThe Clerk of the House of Representatives and the Secretary of the Senate shall make available on the public website of the Clerk and the Secretary, respectively, any certification made under paragraph (1) or (2).(c)ExceptionA spouse or dependent child who receives compensation from their primary occupation through any covered investment shall not be required to place such covered investment in a qualified blind trust under this Act.(d)DefinitionsIn this Act:(1)CommodityThe term commodity has the meaning given the term in section 1a of the Commodity Exchange Act (7 U.S.C. 1a).(2)Covered investmentThe term covered investment— (A)means investment in a security, a commodity, or a future, or any comparable economic interest acquired through synthetic means such as the use of a derivative; and(B)does not include—(i)a widely held investment fund described in section 13104(f)(8) of title 5, United States Code; or(ii)a United States Treasury bill, note, or bond.(3)Dependent childThe term dependent child has the meaning given that term in section 13101 of title 5, United States Code.(4)Member of CongressThe term Member of Congress has the meaning given that term in such section 13101.(5)Qualified blind trustThe term qualified blind trust has the meaning given that term in section 13104(f)(3) of such title.
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 01/14/2025 | Library of Congress | Introduced in House |
| 01/14/2025 | Library of Congress | Introduced in House |
| 01/14/2025 | House floor actions | Referred to the House Committee on House Administration. |
| Title Type | Title |
|---|---|
| Display Title | TRUST in Congress Act |
| Official Title as Introduced | To require Members of Congress and their spouses and dependent children to place certain assets into blind trusts, and for other purposes. |
| Short Title(s) as Introduced | TRUST in Congress Act |
| Short Title(s) as Introduced | Transparent Representation Upholding Service and Trust in Congress Act |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| House - Committee on House Administration | 01/14/2025 Referred To |
No related bill information was received for H.R. 396.
Policy Area: Congress
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