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H.R. 4454 (116th): Disclosing Official Spending at Presidential Businesses Act

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The text of the bill below is as of Sep 20, 2019 (Introduced). The bill was not enacted into law.

Summary of this bill

How much money is the government spending to profit Trump’s personal businesses?

Context

After becoming president, Donald Trump handed over day-to-day management of his businesses to sons Donald Jr. and Eric, but retained his ownership stake despite calls for him to divest during the period of his presidency.

As a result, government agencies have spent money at Trump properties — most frequently his hotels — which in turn personally benefits the president’s bank account. Perhaps the most famous example was the Secret Service spending $20,000 to stay at a Trump-owned hotel in Vancouver during a Donald Jr. hunting trip to Canada.

However, it’s unclear how much total federal ...

I

116th CONGRESS

1st Session

H. R. 4454

IN THE HOUSE OF REPRESENTATIVES

September 20, 2019

introduced the following bill; which was referred to the Committee on Oversight and Reform

A BILL

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

1.

Short title

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

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.