HR 6461 · 116th Congress · Congress

IPO Act

Introduced 2020-04-07· Sponsored by Rep. Gabbard, Tulsi [D-HI-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2020-04-07)

Plain Language Summary

[AI summary unavailable — showing source text] Integrity for Public Officials Act or the IPO Act This bill prohibits certain senior government officials, including Members of Congress, from engaging in specified transactions. Specifically, the bill prohibits these individuals from (1) purchasing or selling certain investments in securities, commodities, or futures; (2) entering into a transaction that creates a net short position in a security; or (3) serving as an officer or board member of a for-profit association, corporation, or other entity.…

Summarized by Claude AI · Non-partisan · For informational purposes only