Transparency in Executive Branch Official Finances Act

Summary

Transparency in Executive Branch Official Finances Act This bill establishes disclosure requirements for the President, Vice President, and senior government officials, and it establishes penalties for political appointees who engage in certain conduct. Specifically, the bill requires the President and Vice President, and any candidate for such offices, to disclose their federal income tax returns for the previous five years. The Office of Government Ethics must publish such tax returns after making redactions to prevent identity theft or physical danger. In addition, the bill requires senior government officials to make certain disclosures with respect to (1) any foreign business relationship, and (2) any ownership interest of at least 10% of the outstanding shares in a private enterprise or corporation or any intellectual property protected or enforced by a foreign country. Further, the bill establishes penalties for any political appointee who solicits or receives a payment from a foreign-owned business, organization affiliated with a foreign-owned business or foreign government, or a foreign national.

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Timeline

1. 13 December 2019

   Introduced

   Referred to the Committee on Oversight and Reform, and in addition to the Committees on Ways and Means, and the Judiciary, 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.

   Source: IntroReferral

2. 13 December 2019

   Introduced

   Introduced in House

   Source: IntroReferral

3. 13 December 2019

   Introduced

   Introduced in House

   Source: IntroReferral

4. 28 January 2020

   Referred

   Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 13 December 2019 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 December 2019

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 December 2019

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 December 2019

  Open at official source

Sponsors

• Katie Porter · D · Sponsor
• Max Rose · D · Sponsor
• · hsju00 · Standing
• · hswm00 · Standing
• · hsgo00 · Standing

Related records

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