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HR9563 Referred to committee

No Cashing In Act

Bill Text

Version IH
This Act may be cited as the No Cashing In Act.
Any individual who serves in the position of Member of Congress, shall, after termination of employment from such position, file the annual report under section 13104 of title 5, United States Code, each year for a period of ten years or the period in which such individual receives an annuity, whichever is greater.
The annuity under chapter 83 or chapter 84 of title 5, United States Code, for an individual described under subsection (a) shall be reduced by the amount equal to any income received in the previous calendar year by such individual from a substantial lobbying entity for services rendered to such entity.
In this Act:
The term lobbyist has the meaning given such term in section 3 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1602).
The term Member of Congress has the meaning given such term in section 13101 of title 5, United States Code.
The term substantial lobbying entity means a company that has more than three lobbyists or spends more than $10,000 on lobbying in a year.

Legislative Timeline

4 actions
  1. Jun 30, 2026
    Introduced in House
  2. Jun 30, 2026
    Introduced in House
  3. Jun 30, 2026 House
    Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  4. Jun 30, 2026 House
    Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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