[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5873 Introduced in House (IH)]

<DOC>






115th CONGRESS
  2d Session
                                H. R. 5873

 To disclose the use of Federal funds with any privately held company 
            owned by the President, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 17, 2018

    Mr. Schiff (for himself, Ms. Clarke of New York, Mr. Cohen, Mr. 
DeFazio, Ms. Eshoo, Mr. Grijalva, Mr. Johnson of Georgia, Mr. McGovern, 
Mr. Moulton, Mr. Rush, and Mr. Sherman) introduced the following bill; 
 which was referred to the Committee on Oversight and Government Reform

_______________________________________________________________________

                                 A BILL


 
 To disclose the use of Federal funds with any privately held company 
            owned by the President, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Disclosing Official Spending at 
Presidential Businesses Act''.

SEC. 2. DISCLOSURE OF EXPENDITURE OF FEDERAL FUNDS AT BUSINESSES OWNED 
              BY THE PRESIDENT.

    (a) In General.--The head of each Executive agency shall submit a 
quarterly report to the Director of the Office of Government Ethics 
listing each instance, during the most recently ended quarter, that the 
Executive agency obligated or expended Federal funds with any privately 
held company that is owned, either in whole or in part, directly or 
indirectly, including through trusts, by the President. With respect to 
each such instance, the report shall include--
            (1) the amount of the obligation or expenditure; and
            (2) the name of the company.
    (b) Publication.--Not later than 10 days after receiving a report 
under subsection (a), the Director shall publish the report on the 
Office's public Internet website.
    (c) Definition of Executive Agency.--In this section, the term 
``Executive agency'' has the meaning given that term in section 105 of 
title 5, United States Code, and includes the United States Postal 
Service, the Postal Regulatory Commission, the White House, and the 
Executive Office of the President.
                                 <all>