H.R. 2494 · 115th Congress
Drain the Swamp and the President's Assets 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
EspaillatSponsor2 cosponsors · 2 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Ethics in Government Act of 1978 to prohibit the President from holding any asset that would be considered a disqualifying financial interest under applicable criminal code provisions.
What it does: CRS summary · Introduced in House · May 17, 2017
Drain the Swamp and the President's Assets Act
This bill amends the Ethics in Government Act of 1978 to prohibit the President from holding any asset that would be considered a disqualifying financial interest under applicable criminal code provisions.
The President may place any such asset into a blind trust. The trustee or other entity who is involved in the management or control of the blind trust shall divest the blind trust of such asset.
A violation of this bill's prohibition constitutes an impeachable offense.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Drain the Swamp and the President's Assets Act
Latest action (May 17, 2017): Referred to the House Committee on Oversight and Government Reform.
Policy area: Government Operations and Politics · Origin: House · Introduced: May 17, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.