Summary

Strengthens and clarifies federal ethics rules for special Government employees (SGEs). It narrows when SGEs must be disqualified from particular matters, requires fast public posting of waivers for many SGEs, creates a public online database of SGEs who are not advisory-committee members, restricts official contacts between certain SGEs and agencies when the SGE owns or runs a defined “large company,” tightens public financial disclosure rules for some SGEs, and makes SGEs subject to the full range of federal ethics rules once they exceed set service-duration thresholds.

• Narrows some SGE conflict-of-interest disqualifications to 'discrete and identifiable components' for certain SGEs.
• Requires public posting, within 14 days, of waivers/exemptions issued to many SGEs under the criminal conflict-of-interest law.
• Creates a public, searchable database listing non-advisory SGEs, days served, and why they were designated as SGEs.
• Prohibits many SGEs from official contact with agencies that contract with, regulate, or are enforcing actions against a large company they own or lead.
• Defines "large company" by market cap/revenue, federal contract receipts, or regulatory definitions of monopoly power.
• Narrows exemptions from public financial disclosure for some SGEs and requires ethics-officer review of claimed exemptions.
• Subjects SGEs to full federal ethics rules after 60 service days and to pay/financial-reporting rules (and 18 U.S.C. § 209) after 130 service days.
• Directs OGE to issue regulations to implement definitions and enforcement-related details.
• Relies on agency systems and OGE rulemaking; no new funding or effective dates are specified in the text provided.