H.R. 2440 · 115th Congress
Presidential Disclosure of Foreign Business Transactions Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
RaskinSponsor7 cosponsors · 7 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the President: (1) within 90 days after first assuming office, to submit to the Department of the Treasury an initial report detailing any private business transaction with a foreign government conducted by the President during the previous 10 years; and (2) each month thereafter, to submit a report detailing any private business…
What it does: CRS summary · Introduced in House · May 16, 2017
Presidential Disclosure of Foreign Business Transactions Act
This bill directs the President: (1) within 90 days after first assuming office, to submit to the Department of the Treasury an initial report detailing any private business transaction with a foreign government conducted by the President during the previous 10 years; and (2) each month thereafter, to submit a report detailing any private business transaction between businesses affiliated with the President and foreign governments during that month.
A "business transaction" is defined as any transaction of more than $10,000 in relation to any private businesses or investments listed in the President's financial disclosure reports, including any report submitted pursuant to the Ethics in Government Act of 1978.
Such reports shall be made available on Treasury's public website.
A violation of this bill shall constitute a high crime and misdemeanor for purposes of the Constitution's impeachment provision.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Presidential Disclosure of Foreign Business Transactions Act
Latest action (May 16, 2017): Referred to the House Committee on Oversight and Government Reform.
Policy area: Government Operations and Politics · Origin: House · Introduced: May 16, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.