3.0.0 1026 2023-01-11T13:36:31Z 2023-01-11T13:36:31Z Senate S 2017-05-03 115 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Referred to 2017-05-03T17:38:53Z 2017-05-03 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2017-05-03 Introduced in Senate IntroReferral 10000 9 Library of Congress C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA N W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2017-05-03 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2017-05-03 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2017-05-03 True U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM 2017-05-03 True H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM T. 2017-05-03 True C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2017-05-03 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2017-05-03 True Government Operations and Politics Congressional oversight Family relationships Financial services and investments Government ethics and transparency, public corruption Government information and archives Presidents and presidential powers, Vice Presidents Government Operations and Politics 00 2017-05-03 Introduced in Senate 2017-12-18T19:21:08Z Know Conflicts Act of 2017

This bill amends the Federal Funding Accountability and Transparency Act of 2006 to define:

  • "active financial conflict of interest" to mean any potential source of conflict that constitutes a financial interest in or liability owed to an entity reported as receiving a federal award under such Act;
  • "covered person" to mean the President, Vice President, spouse of the President or Vice President, and a dependent child of the President or Vice President; and
  • "potential source of conflict" to mean any financial interest or liability held by a covered person that is not a financial interest held by a widely held investment fund and that is included in a covered person's financial disclosure report required to be filed under such Act, or that is otherwise identified by the Office of Government Ethics as a potential source of conflict.

The Office of Management and Budget must ensure that its publicly accessible website on federal awards includes information indicating whether an award has resulted in the existence of one or more active financial conflicts of interest.

The Bureau of the Fiscal Service of the Department of the Treasury must annually submit to Congress a report that includes a comprehensive accounting of all new or ongoing active conflicts of interest.

]]> Know Conflicts Act of 2017 Display Title Know Conflicts Act of 2017 Official Title as Introduced A bill to amend the Federal Funding Accountability and Transparency Act of 2006 to require full disclosure for entities receiving Federal funding. Introduced in Senate IS Short Titles as Introduced Know Conflicts Act of 2017 Introduced in Senate 2017-05-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1026is/xml/BILLS-115s1026is.xml 2017-05-03 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.