To require certain officers and employees in the executive branch of the Federal Government to divest certain financial interests, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

13 July 2020

Last action

13 July 2020 · Introduced

Status

Referred to the House Committee on Oversight and Reform.

Summary

This bill requires certain government officials in the executive branch and their spouses to divest corporate and other financial interests. Specifically, such officials must divest into a qualified blind trust any financial interest in a business for which the official is a trustee, partner, officer, director, or more than 10% shareholder. The trustee of the qualified blind trust must sell the interest and use the proceeds to purchase conflict-free holdings. The bill's requirements apply to cabinet officials, senior executives, policy advisors, presidential appointees, specified White House personnel, and their spouses.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

13 July 2020
Introduced
Referred to the House Committee on Oversight and Reform.
Source: IntroReferral
13 July 2020
Introduced
Introduced in House
Source: IntroReferral
13 July 2020
Introduced
Introduced in House
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in House · 13 July 2020 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 13 July 2020
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Introduced in House (PDF)
Introduced in House · EN · 13 July 2020
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Introduced in House
summary · EN · 13 July 2020
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → Restoring the Public Trust Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/116th-congress/house-bill/7581
Open data entity: https://api.congress.gov/v3/bill/116/hr/7581
us · 116-hr-7581 · source updated 4 February 2025