Presidential Conflicts of Interest Accountability Act

Summary

Adds the President and Vice President to the federal criminal conflict-of-interest law and creates a new statutory disclosure and divestiture regime: they must file detailed financial disclosures (including three years of tax returns and any returns under IRS audit), divest conflicting interests into qualified blind trusts, and submit to annual Office of Government Ethics (OGE) review and judicial enforcement. The bill sets firm deadlines (30 days for initial filings, 180 days for OGE rules), requires OGE to report annually while protecting sensitive information, and gives courts authority to order remedies while protecting fair-market returns on liquidated assets.

• Adds the President and Vice President to the federal conflict-of-interest law and subjects them to 18 U.S.C. §208 rules.
• Requires initial financial disclosures within 30 days of assuming office and immediate filing by current officeholders within 30 days of enactment.
• Mandates submission of the three most recent federal tax returns and any returns under IRS audit as part of disclosures.
• Requires divestiture of financial interests posing potential conflicts into qualified blind trusts and provides statutory definitions for trusts and conflicts.
• Directs OGE to issue implementing rules within 180 days and to produce annual, redacted reports evaluating potential conflicts.
• Creates a judicial enforcement mechanism allowing courts to order injunctive relief and ensure fair‑market returns if assets are liquidated.
• Updates statutory text and table of contents to add the new disclosure and enforcement provisions.