The U.S. House of Representatives on Wednesday approved legislation that would prohibit members of Congress from purchasing individual stocks while also requiring voters to present photo identification before casting a ballot.

The measure, known as the Stop Insider Trading Act, passed by a vote of 232-198.

All Republicans supported the bill, joined by 13 Democrats who voted in favor.

Sponsored by House Administration Committee Chairman Bryan Steil, the legislation would bar members of Congress, their spouses and dependent children from purchasing new individual stocks.

However, lawmakers would be permitted to retain stocks they already own, rather than being required to divest existing holdings.

Speaking on the House floor before the vote, Steil described the legislation as a significant step toward strengthening public confidence in Congress.

“This is the first congressional stock trading ban to receive a vote on the floor of the House,” he said.

“If you want to day trade, there is a place for that on Wall Street.”

In addition to the stock trading restrictions, the bill would require voters to present government-issued photo identification as a condition for casting a ballot, a provision supporters argue would enhance election security.

Democrats opposed to the legislation criticized both its substance and its effectiveness.

House Administration Committee Ranking Member Joe Morelle called the proposal a “sham,” arguing that it falls short of a genuine ban because it allows members of Congress to continue owning and trading stocks already in their portfolios.

The legislation now moves to the Senate, where its prospects remain uncertain amid expected debate over both the congressional stock trading provisions and the voter identification requirement.