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H.R. 7264: Stop Politicians Profiting from War Act of 2024

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H.R. 7264: Stop Politicians Profiting from War Act of 2024

118th Congress · introduced 2024-02-06 · Congress · Latest: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2024-02-06 · official record
  2. Who proposed it: Rep. Tlaib, Rashida [D-MI-12] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Stop Politicians Profiting from War Act of 2024

Plain summary

Stop Politicians Profiting from War Act of 2024 This bill prohibits Members of Congress, their spouses, and their dependent children from owning or trading stocks, bonds, commodities, futures, or any other form of security from a defense contractor or which are significantly based upon defense contractors. Each current Member must divest within 120 days after the bill is enacted and each new Member must divest within 120 days after becoming a Member. However, Members and their spouses have 180 days to divest from specified complex investment vehicles. Placing assets into qualified blind trusts does not qualify as divestment. The bill does not apply to certain investments, such as investments in widely held investment funds that are diversified and do not present a conflict of interest and investments held in government employee retirement plans. A Member or spouse who violates the bill may be subject to a fine of up to $50,000 for each violation. The bill permits a Member, spouse, or dependent child who is required to divest property under the bill to avoid recognizing gain for income tax purposes from the sale of that property to the extent that the Member or spouse purchases permitted bonds or diversified investment funds within 60 days of the divestiture.

Congressional Research Service summary (Introduced in House), 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)

Official text

Stop Politicians Profiting from War Act of 2024

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Tlaib, Rashida [D-MI-12] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Summer L. Lee (D-PA)

Sponsor's campaign money: Rep. Tlaib, Rashida [D-MI-12] reported raising $3.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

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 (3)
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).
Bond
A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong118-hr7264 · catalog fed-us-congress-bills-cong118 · updated 2026-11-15 by psicol fed-bills-cong118