The House of Representatives has taken a significant step to address concerns over stock trading by its members. On Wednesday, a new bill was passed that aims to curb stock market activity among lawmakers, their spouses, and dependent children.

The proposed legislation, known as the Stop Insider Trading Act, focuses primarily on future stock purchases. It prevents Congressional members and their families from buying individual stocks going forward. However, it permits them to retain and sell any stocks they currently own.

Additionally, the bill introduces a requirement for lawmakers to disclose any plans to sell covered investments. This disclosure must occur no earlier than seven days and no later than 14 days before the planned transaction.

Adding complexity to the bill’s journey through Congress is a provision related to voter identification. This component may present hurdles when the bill reaches the Senate, where the political implications of voter ID regulations are often contested.