[Congressional Record Volume 166, Number 121 (Wednesday, July 1, 2020)]
[Senate]
[Page S4158]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2406. Mr. UDALL (for himself, Mr. Leahy, Mr. Heinrich, Mr.
Blumenthal, Mr. Wyden, Ms. Warren, and Mr. Menendez) submitted an
amendment intended to be proposed by him to the bill S. 4049, to
authorize appropriations for fiscal year 2021 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. MANDATORY DISCLOSURE OF TRUMP ORGANIZATION FOREIGN
PROPERTY INTERESTS.
(a) Defined Term.--In this section, the term ``appropriate
congressional committees'' means--
(1) the Committee on Armed Services of the Senate;
(2) the Committee on Appropriations of the Senate;
(3) the Committee on Banking, Housing, and Urban Affairs of
the Senate;
(4) the Committee on Finance of the Senate;
(5) the Committee on Foreign Relations of the Senate;
(6) the Committee on Armed Services of the House of
Representatives;
(7) the Committee on Appropriations of the House of
Representatives;
(8) the Committee on Foreign Affairs of the House of
Representatives; and
(9) the Committee on Ways and Means of the House of
Representatives.
(b) In General.--Not later than 30 days after the date of
the enactment of this Act, and every 30 days thereafter while
President Donald J. Trump remains in office, the President
shall submit a report to the appropriate congressional
committees that--
(1) identifies all residential and commercial tenants
leasing space in a foreign property owned or managed by the
Trump Organization (including its subsidiaries), including
beneficial ownership information and nationality for each
tenant listed as a limited liability company;
(2) discloses, for each of the calendar years 2017, 2018,
and 2019, the total income earned by the Trump Organization
from any licensing agreements for foreign properties referred
to in paragraph (1); and
(3) includes copies of all active licensing agreements
signed by a representative of the Trump Organization for
foreign properties referred to in paragraph (1).
______