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Requires executive-branch officials and certain advisory committee members to disclose and publicly post royalty payments tied to government-related inventions, and lets Congress receive unredacted reports with narrow redactions for personal data. Changes federal procurement reviews to check whether prospective contractors or grantees received royalty payments in the prior calendar year and requires annual reporting on identified royalty-related conflicts and how they were handled. Directs agencies, GAO, the FAR Council, and OMB to meet specific deadlines and issue rules, and includes a severability clause so the rest of the law stays in effect if part is struck down.
Add new category of individuals required to file financial disclosure: members of listed advisory committees (e.g., National Science Advisory Board for Biosecurity; Advisory Committee on Immunization Practices; Advisory Commission on Childhood Vaccines; National Vaccine Advisory Committee; Vaccines and Related Biological Products Advisory Committee; Defense Science Board; Board of Scientific Advisors of the National Cancer Institute; Homeland Security Science and Technology Advisory Committee; Medical Review Board Advisory Committee; President’s Council of Advisors on Science and Technology) and any other advisory committee the Government Accountability Office (GAO) determines meets specified public-health recommendation and implementation criteria.
Require the Government Accountability Office to publish a list of each advisory committee it determines (1) makes recommendations relating to public health to an agency or the President and (2) has had any recommendation fully or partially implemented during the prior 10 years. GAO must publish the list not later than 180 days after enactment and annually thereafter.
Sunset the GAO list requirement and adjust the advisory-committee successor language effective 5 years after enactment (section 13103 amended again on that date to remove subsection (j) and change subsection (f)(13)(K)).
Modify notification of waivers in supervising ethics offices: restructure 5 U.S.C. 13103(i) text (redesignate paragraphs as subparagraphs) and add that the supervising ethics office provides notification of such waiver to the Committees on Homeland Security and Governmental Affairs and Commerce, Science, and Transportation of the Senate and the Committees on Oversight and Government Reform and Energy and Commerce of the House of Representatives.
Add new paragraph (e) to 18 U.S.C. 208 requiring immediate reporting to specified Senate and House committees of any exemption granted under paragraph (1) or (3) of subsection (b) or granted under subpart (C) of part 2640 of title 5 CFR; reports must include a detailed justification for granting the waiver.
Who is affected and how:
Executive-branch agencies: Must collect, publish, and transmit disclosure reports; add royalty-checks to procurement/grant conflict reviews; prepare and deliver annual summary reports to oversight and intelligence committees; and update policies and systems to comply. This imposes administrative work and potential IT/publication costs but increases oversight reach.
Prospective contractors and grant recipients: Those who received royalty payments in the prior calendar year will be flagged in conflict-of-interest reviews, which may trigger mitigation steps, disqualification, or additional disclosures. This could affect bidding strategies and contract award outcomes.
Inventors, assignees, and royalty recipients tied to government-related inventions: Their royalty payments may become publicly posted, increasing transparency but raising privacy and reputational concerns for individuals and entities receiving royalties.
Members of Congress and congressional oversight committees: Gain access to unredacted disclosure reports (with limited personal-data redactions) and to agency annual reports, improving oversight capability but raising handling and security responsibilities for sensitive data.
GAO, OMB, and the FAR Council: Must meet deadlines and issue guidance or regulations to incorporate the procurement changes; GAO will have specific action requirements, and OMB/FAR will need to coordinate rulemaking.
Intelligence community entities: Subject to the same procurement-review reporting requirements but must send reports also to congressional intelligence committees; handling may require classified or sensitive procedures.
Overall effects:
Adds a new category of individuals required to file (subsection (f)(13)) listing specified advisory committees and adds a new subsection (j) directing the GAO to publish a determinations list (with timing). Also includes later-specified sunset changes to subsection (f)(13)(K) and removal of subsection (j) five years after enactment.
Reformats and restructures the waiver notification text and adds an obligation for the supervising ethics office to provide notification of such waiver to specified congressional committees.
Adds a new subparagraph (C) requiring disclosure of the original source and amount or value of royalties received by executive branch reporting individuals (and certain others), notwithstanding provisions of specified statutes.
Modifies the review-of-reports provisions and adds a new paragraph (3) requiring agencies to furnish requested reports to Members of Congress within 30 days, with specified PII exceptions.
Redesignates existing subsections and inserts new subsections addressing royalties reported by confidential filers, release procedures to Members of Congress, agency reporting requirements to congressional committees (with intelligence-community-specific recipients), and public disclosure requirements for covered individuals and royalties.
Adds a new subsection (e) requiring immediate reporting to specified congressional committees of exemptions granted under certain paragraphs of subsection (b) or under specified regulations, including a detailed justification.
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Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced March 5, 2025 by Rand Paul · Last progress March 5, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with amendments. Without written report.
Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.