Senate Democratic leaders are considering an effort to bring to the floor a bill that would explicitly ban federal lawmakers and their staff from trading on insider information.

A senior Democratic aide said there is a good chance the measure will come to the floor next week, but no final decisions have been made.

Sen. Joe Lieberman (I-Conn.), chairman of the Senate Homeland Security and Governmental Affairs Committee, is the bill’s sponsor. He too believes it will be on the floor next week.

“I think it is, yes,” Lieberman said. “I hope so. It came out of the committee on a bipartisan basis. I’m sure there will be amendments.”

The bill was approved by the panel last month and would prohibit Members of Congress and aides from using non-public information for personal gain or to tip off others. Congressional insider trading is not explicitly prohibited by statute but is outlawed under Securities and Exchange Commission rules.