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Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on 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.
Introduced March 5, 2025 by H. Morgan Griffith · Last progress March 5, 2025
Requires certain executive‑branch officials, special Government employees, and members of specified advisory committees to include any royalty income and its sources in confidential financial disclosures. Agencies must send annual summaries to Congress, post lists of employees who reported royalties on their websites, and provide full reports to Members on request with specified personal identifiers removed.
Directs the Federal Acquisition Regulatory Council and the Office of Management and Budget to update rules so conflict‑of‑interest checks for prospective contractors and grantees include royalty payments made in the prior year. Agencies must report yearly on royalty‑related conflicts they found and how they addressed them, with intelligence community agencies also sending these reports to the intelligence committees. GAO must publish a list of covered public‑health advisory committees within 180 days and annually thereafter. Certain advisory‑committee provisions sunset after five years. Includes a severability clause so the rest remains in effect if any part is struck down.
Royalty Transparency Act