Bill bans Congress stock trades and adds voter ID rule
H.R. 7008 — Stop Insider Trading Act · Filed by Bryan Steil (R-WI) · 93 cosponsors · Introduced Jan 12, 2026 · Passed chamber
Your members of Congress
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What it does
The bill stops members of Congress and their families from buying individual stocks. They must tell the public 7 to 14 days before selling stocks. They pay a penalty of $2,000 or 10% of the sale price, whichever is bigger. They also pay back any money they made. The bill requires a photo ID to vote in federal elections. People without ID can vote with a provisional ballot. They must sign a form or claim a religious reason within 3 days.
Who it affects
Members of Congress and their families must follow the stock-trading rules. Voters need a photo ID to vote in federal elections. Elderly, minority, and low-income voters may have a harder time getting a photo ID.
One thing to notice
The bill puts two different rules in one law. One rule is about Congress stock trades. The other rule is about voting.
From the analysis of the bill text, linked under Primary records below.
Where it stands
93 cosponsors: 90 Republicans, 2 Democrats, 1 Independents.
- Jan 12, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jan 12, 2026 — Referred to House Committee on House Administration · Congress.gov: “Referred to the House Committee on House Administration”
- Jan 14, 2026 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
- Jan 14, 2026 — Reported out of committee · Congress.gov: “Ordered to be Reported (Amended) by the Yeas and Nays: 7 - 4”
- Jul 22, 2026 — Passed the House · Congress.gov: “On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280)”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
5 groups reported lobbying about this bill. They filed 5 reports from Dec 2025 to Jun 2026.
Those reports show $849,577 in lobbying spending. Each report lists about 16 bills. So that money was not all for this bill.
More groups named this bill than 78% of bills with any report.
Bryan Steil, who sponsored the bill, received $1,788,200 from PACs for the 2026 election.
- Associated Builders and Contractors Inc — $700,000 in 1 report
- Public Citizen — $99,577 in 1 report
- Campaign Legal Center, Inc. — $20,000 in 1 report
- Project on Government Oversight — $20,000 in 1 report
- P Street Project, Inc. — $10,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- provisional ballot — A ballot cast by someone who may not meet voting rules, checked later.
- photo ID — A card with a picture that proves who a person is.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
- sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (13,425 characters) on Apr 9, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,778 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Dec 2025 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 20, 2026 · page rendered 2026-11-01.
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