H.R. 3532 · 115th Congress
No Conflict of Interest Presidency Act of 2017
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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
EvansSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the President: (1) immediately after assuming office, to convert any private businesses and investments owned or held by the President into cash; and (2) upon making such conversion, to purchase Treasury bills, notes, or bonds, widely diversified mutual funds, or any other holding that does not give rise to a financial conflict of…
What it does: CRS summary · Introduced in House · Jul 28, 2017
No Conflict of Interest Presidency Act of 2017
This bill requires the President: (1) immediately after assuming office, to convert any private businesses and investments owned or held by the President into cash; and (2) upon making such conversion, to purchase Treasury bills, notes, or bonds, widely diversified mutual funds, or any other holding that does not give rise to a financial conflict of interest.
A violation of this bill shall constitute a high crime and misdemeanor under the U.S. Constitution.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: No Conflict of Interest Presidency Act of 2017
Latest action (Jul 28, 2017): Referred to the House Committee on Oversight and Government Reform.
Policy area: Government Operations and Politics · Origin: House · Introduced: Jul 28, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.