Prohibit Pentagon Profiteering Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 5120 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 5120 To strengthen the prohibition on the ownership or trading of stocks in certain companies by certain officials of the Department of Defense. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES August 1, 2023 Ms. Porter introduced the following bill; which was referred to the Committee on Armed Services _______________________________________________________________________ A BILL To strengthen the prohibition on the ownership or trading of stocks in certain companies by certain officials of the Department of Defense. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Prohibit Pentagon Profiteering Act''. SEC. 2. MODIFICATION OF PROHIBITION ON OWNERSHIP OR TRADING OF STOCKS IN CERTAIN COMPANIES BY CERTAIN OFFICIALS OF THE DEPARTMENT OF DEFENSE. Section 988(a) of title 10, United States Code, is amended by striking ``if that company is one of the 10 enti…