Summary

Requires special Government employees who are owners, controlling shareholders, or chief executive officers of companies that contract with the federal government to file public financial disclosure reports and submit those reports to the Office of Government Ethics (OGE) for review and certification. While OGE reviews the initial report, the covered special Government employee is barred from performing any official duties related to their federal work until OGE certifies the report as compliant. Also includes a short, non-substantive provision that establishes an official short title for the law and does not create duties, funding, or other legal changes.

• Requires owners, controlling shareholders, or CEOs who serve as special Government employees and whose firms contract with the federal government to file public financial disclosure reports.
• Mandates that those reports be sent to the Office of Government Ethics (OGE) for review and certification.
• Bars the covered special Government employee from performing any official duties related to their federal employment until OGE certifies the initial report as compliant.
• Adds a class of special Government employees to the full public financial disclosure regime (subchapter I of chapter 131 of title 5).
• Includes a short, non-substantive provision establishing an official short title and no other legal changes.
• Does not appropriate new funds or explicitly authorize additional resources for agencies or OGE.
• Increases administrative and compliance burdens for affected employees, their agencies, and OGE.
• Applies immediately upon enactment; the duty bar lasts until the initial disclosure is certified.