H.R. 9989IntroducedHouse · nowSenatePresidentLawIn committeeSec. 4 · H.R. 9989
Prohibition on acquisition of covered investments during candidacy
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(a) In general During the period beginning on the filing date and ending on the date on which the covered individual is no longer a candidate or no longer holds or is seeking Federal office, a covered individual may not purchase or otherwise acquire any new covered investment. (b) Exception Subsection (a) shall not apply to— (1) the receipt of a covered investment as part of a will, trust distribution, or similar inheritance, provided that such investment is divested or placed in a qualified blind trust within 90 days of receipt; and (2) purchases made within a qualified blind trust established pursuant to section 3.