S. 3550: Ethics Reform Act
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S. 3550: Ethics Reform Act
117th Congress · introduced 2022-02-01 · Congress · Latest: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
federal
Follow this bill, step by step
- Where it came from: introduced 2022-02-01 · official record
- Who proposed it: Sen. Sasse, Ben [R-NE] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Ethics Reform Act
Plain summary
Ethics Reform Act This bill establishes a number of ethics requirements for members of Congress and the President and Vice President. Specifically, the bill prohibits members of Congress from buying or selling individual securities other than widely held investment funds; prohibits former members of Congress from engaging in certain compensated lobbying activities; requires the Internal Revenue Service to disclose tax return information of candidates for President and Vice President; and prohibits the President, Vice President, Cabinet, and their immediate family members from raising funds from certain foreign entities. The bill also prohibits contributions or donations by foreign nationals in connection with state or local ballot initiatives or referenda.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Sasse, Ben [R-NE] · 0 cosponsors
Cost estimate: No cost estimate published yet.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (4)
- Ballot initiative
- A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Referendum
- A vote by the public on a law or measure. Texas statewide propositions are how voters decide on constitutional amendments.
- Securities
- Financial investments that can be bought and sold, such as stocks and bonds.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117s3550.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/s>
Record fed-us-cong117-s3550 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117