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S. 2038 (112th): STOCK Act

About the bill

Source: Wikipedia

The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

The bill was introduced by Joe Lieberman, independent United States Senator for Connecticut, on January 26, 2012, and passed in the Senate by a 96–3 vote. Later the House of Representatives passed it by a 417–2 vote. The bill was supported heavily by vulnerable incumbents and signed into law by President Obama. …

Sponsor and status

Joseph Lieberman

Sponsor. Senator for Connecticut. Independent.

Read Text »
Last Updated: Mar 28, 2012
Length: 15 pages
Introduced
Jan 26, 2012
112th Congress (2011–2013)
Status

Enacted — Signed by the President on Apr 4, 2012

This bill was enacted after being signed by the President on April 4, 2012.

Law
Pub.L. 112-105
Source

Incorporated legislation

This bill incorporates provisions from:

S. 1261: Congressional Integrity and Pension Forfeiture Act of 2011

Introduced on Jun 22, 2011. 88% incorporated. (compare text)

History

Jan 26, 2012
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jan 26, 2012
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Feb 2, 2012
 
Passed Senate (House next)

The bill was passed in a vote in the Senate. It goes to the House next.

Feb 9, 2012
 
Passed House with Changes (back to Senate)

The House passed the bill with changes not in the Senate version and sent it back to the Senate to approve the changes.

Mar 22, 2012
 
Senate Agreed to Changes

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was by Unanimous Consent so no record of individual votes was made.

Apr 4, 2012
 
Enacted — Signed by the President

The President signed the bill and it became law.

S. 2038 (112th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 2038. This is the one from the 112th Congress.

This bill was introduced in the 112th Congress, which met from Jan 5, 2011 to Jan 3, 2013. Legislation not passed by the end of a Congress is cleared from the books.

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“S. 2038 — 112th Congress: STOCK Act.” www.GovTrack.us. 2012. March 18, 2024 <https://www.govtrack.us/congress/bills/112/s2038>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.