U.S. Congress - H.R.3549 Congressional Blind Trust Act of 2011
H.R.3549 - Congressional Blind Trust Act of 2011
To amend the Ethics in Government Act of 1978 to require Members of Congress to place their stocks, bonds, commodities futures, and other forms of securities in a blind trust. view all titles (2)
All Bill Titles
- Short: Congressional Blind Trust Act of 2011 as introduced.
- Official: To amend the Ethics in Government Act of 1978 to require Members of Congress to place their stocks, bonds, commodities futures, and other forms of securities in a blind trust. as introduced.
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Official Summary
12/2/2011--Introduced.Congressional Blind Trust Act of 2011 - Amends the Ethics in Government Act of 1978 to require each Member of Congress to place all of his or her stocks, bonds, commodities futures, and other forms of securities, including securities held jointly with a spouse, in a qOfficial Summary
12/2/2011--Introduced.Congressional Blind Trust Act of 2011 - Amends the Ethics in Government Act of 1978 to require each Member of Congress to place all of his or her stocks, bonds, commodities futures, and other forms of securities, including securities held jointly with a spouse, in a qualified blind trust. Exempts from such requirement any financial interests in or income derived from:(1) the Civil Service Retirement System (CSRS) or the Federal Employees' Retirement System (FERS), including the Thrift Savings Plan (TSP);
(2) any other federal retirement system for U.S. officers and employees, including the President, or for members of the uniformed services; or
(3) benefits received under the Social Security Act. Requires new Members to comply with this Act within 30 days after taking office, and incumbent Members within 30 days after enactment of this Act. Allows a Member to file, as appropriate, with the Clerk of the House of Representative or the Secretary of the Senate for an additional 30-day extension in order to comply. Authorizes the Attorney General to bring a civil action against any Member of Congress for noncompliance.
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Recent News Coverage
Bachus Predicts ‘Full Exoneration’ in Ethics Investigation
Less than a month after the “60 Minutes” report, Bachus introduced a bill, H.R. 3549, that would require members of Congress to place their securities holdings in a blind trust. That measure hasn’t advanced. The Office of Congressional ...
Bachus Predicts ‘Full Exoneration’ in Ethics Investigation
Less than a month after the “60 Minutes” report, Bachus introduced a bill, H.R. 3549, that would require members of Congress to place their securities holdings in a blind trust. That measure hasn’t advanced. The Office of Congressional ...
Bachus Predicts ‘Full Exoneration’ in Ethics Investigation
Less than a month after the “60 Minutes” report, Bachus introduced a bill, H.R. 3549, that would require members of Congress to place their securities holdings in a blind trust. That measure hasn’t advanced. Larry Powell, a professor of ...
Recent Blog Coverage
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Bachus Predicts 'Full Exoneration' in Ethics Investigation ...
Less than a month after the “60 Minutes” report, Bachus introduced a bill, H.R. 3549, that would require members of Congress to place their securities holdings in a blind trust. That measure hasn't advanced. Larry Powell, a ...
Bachus Predicts 'Full Exoneration' in Ethics Investigation ...
Less than a month after the “60 Minutes” report, Bachus introduced a bill, H.R. 3549, that would require members of Congress to place their securities holdings in a blind trust. That measure hasn't advanced. Larry Powell, a ...
Bachus Predicts 'Full Exoneration' in Ethics Investigation ...
Less than a month after the “60 Minutes” report, Bachus introduced a bill, H.R. 3549, that would require members of Congress to place their securities holdings in a blind trust. That measure hasn't advanced. Larry Powell, a ...
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