H. R. 661
IN THE HOUSE OF REPRESENTATIVES
February 1, 2021
Mr. Posey introduced the following bill; which was referred to the Committee on House Administration
To amend the Ethics in Government Act of 1978 to require Members of Congress to disclose business ties with foreign entities, and for other purposes.
This Act may be cited as the
Congressional Foreign Entanglement Disclosure and Reduction Act.
Disclosure by Members of Congress of business ties with foreign entities
Section 102 of the Ethics in Government Act of 1978 (5 U.S.C. App. 102) is amended by adding at the end the following:
Any report filed pursuant to section 101(d) by a Member of Congress shall include the disclosure of any business ties the Member or any member of the Member’s immediate family has (if any) with a foreign entity. If a Member of Congress makes an affirmative disclosure of any such ties, the Member shall include information detailing the nature of the business tie and foreign entity.
The amendment made by subsection (a) shall apply to any report filed pursuant to section 101(d) of the Ethics in Government Act of 1978 (5 U.S.C. App. 101(d)) after the date of enactment of this Act.