Sponsors (5)
The bill increases transparency and reduces certain conflicts of interest (and taxpayer costs for private presidential protection) but does so by narrowing legal remedies, imposing broad reporting and reimbursement obligations, and creating significant administrative burdens and potential constitutional litigation.
Taxpayers: Private-benefit presidential travel protected by the Secret Service must be reimbursed to the Treasury, reducing direct taxpayer outlays and helping recoup government expenses.
Federal officials (President and Vice President): Bars FTCA suits against the President and Vice President while they hold or later obtain those offices, lowering litigation risk and expected legal defense costs for officeholders and the government.
The public and government ethics interests: Prohibits the President from creating or operating a business while in office and imposes a 100% tax on income from prohibited activities, creating a strong financial deterrent to self-dealing and reducing conflicts of interest.
People harmed by federal conduct and the public: The bill bars FTCA claims against the government where the claimant is or becomes President or Vice President and applies retroactively to pending claims, denying injured parties a federal tort remedy and potentially extinguishing long‑standing claims.
The public and government accountability: Shielding the President and Vice President from FTCA liability may weaken oversight and reduce incentives for careful conduct by federal officials, impairing checks on government actions.
Presidential associates and private individuals tied to presidential business: Individuals required to reimburse Secret Service and other government costs for protected private travel may face substantial, unexpected bills.
Based on analysis of 5 sections of legislative text.
Requires reimbursement to Treasury for Secret Service costs tied to President-related business travel, bars presidents from running businesses while in office, adds reporting rules for libraries/museums and family, alters FTCA claims, and taxes presidential business income 100%.
Introduced December 17, 2025 by Bonnie Watson Coleman · Last progress December 17, 2025
Requires people protected by the Secret Service who travel for the business or financial benefit of a President-owned or -controlled entity to repay the Treasury for Secret Service and related government costs. Bars the President from creating, running, serving on the board of, or taking part in day-to-day operations of any business while in office, and taxes any income the President earns from such activity at 100%. Adds reporting and disclosure rules for presidential libraries, museums, and certain private entities, establishes daily penalties for late reports, and changes a federal liability rule to exclude certain claims brought by or becoming the President or Vice President while a claim is pending from the Federal Tort Claims Act.