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Federal Employee Disclosure (FED) Transparency Act

12/30/2022, 5:32 PM

Summary of Bill HR 3768

Bill 117 HR 3768, also known as the Federal Employee Disclosure (FED) Transparency Act, aims to increase transparency and accountability within the federal government by requiring federal employees to disclose certain financial information. The bill requires federal employees to disclose any financial transactions, investments, or other financial interests that could potentially create a conflict of interest.

The FED Transparency Act also requires federal employees to disclose any gifts or other benefits they receive from outside sources that could influence their decision-making. This information would be made publicly available on a government website, allowing for greater transparency and oversight.

Additionally, the bill includes provisions to protect federal employees from retaliation for reporting violations of the disclosure requirements. It also establishes penalties for federal employees who fail to comply with the disclosure requirements. Overall, the FED Transparency Act aims to promote transparency and accountability within the federal government by requiring federal employees to disclose their financial interests and potential conflicts of interest. This bill is currently under consideration in Congress and has garnered bipartisan support for its efforts to increase transparency and accountability in government.

Congressional Summary of HR 3768

Federal Employee Disclosure (FED) Transparency Act

This bill requires federal agencies to report to the Office of Personnel Management (OPM) information about each performance bonus awarded to an employee. The OPM must publish such information.

Current Status of Bill HR 3768

Bill HR 3768 is currently in the status of Bill Introduced since June 8, 2021. Bill HR 3768 was introduced during Congress 117 and was introduced to the House on June 8, 2021.  Bill HR 3768's most recent activity was Referred to the House Committee on Oversight and Reform. as of June 8, 2021

Bipartisan Support of Bill HR 3768

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3768

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Administrative law and regulatory procedures
- Congressional oversight
- Employee benefits and pensions
- Employee performance
- Freedom of information
- Government employee pay, benefits, personnel management
- Government information and archives
- Office of Personnel Management (OPM)

Alternate Title(s) of Bill HR 3768

Federal Employee Disclosure (FED) Transparency Act
To require the disclosure of pension records under the Freedom of Information Act, and for other purposes.
Federal Employee Disclosure (FED) Transparency Act

Comments

Sponsors and Cosponsors of HR 3768

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