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SWAMP Act of 2021
12/31/2022, 5:07 AM
Summary of Bill HR 4388
The SWAMP Act of 2021, also known as Bill 117 hr 4388, is a piece of legislation introduced in the US Congress aimed at increasing transparency and accountability in government spending. The acronym SWAMP stands for Stop Waste And Misuse by the President.
The main goal of the SWAMP Act is to prevent government officials, including the President, from using taxpayer funds for personal gain or political purposes. The bill requires the President to disclose any financial conflicts of interest and prohibits the use of taxpayer money for personal expenses, such as travel or accommodations.
Additionally, the SWAMP Act requires the President to report any gifts received from foreign governments and to disclose any financial transactions that could pose a conflict of interest. The bill also strengthens oversight of government spending by requiring regular audits of federal agencies and programs. Overall, the SWAMP Act of 2021 aims to promote transparency and accountability in government spending and prevent misuse of taxpayer funds by government officials.
The main goal of the SWAMP Act is to prevent government officials, including the President, from using taxpayer funds for personal gain or political purposes. The bill requires the President to disclose any financial conflicts of interest and prohibits the use of taxpayer money for personal expenses, such as travel or accommodations.
Additionally, the SWAMP Act requires the President to report any gifts received from foreign governments and to disclose any financial transactions that could pose a conflict of interest. The bill also strengthens oversight of government spending by requiring regular audits of federal agencies and programs. Overall, the SWAMP Act of 2021 aims to promote transparency and accountability in government spending and prevent misuse of taxpayer funds by government officials.
Congressional Summary of HR 4388
Stop Waste And Misuse by the President Act of 2021 or the SWAMP Act of 2021
This bill requires the President, Vice President, President-elect, Vice President-elect, or an immediate family member of such an official, who, while traveling, stays in a hotel or other establishment providing daily-rate accommodation in which that person has an ownership or financial interest, to reimburse to the Treasury specified expenses. Specifically, Treasury must be reimbursed (1) any amount expended by the Secret Service for protection, and (2) any amount expended for other costs incurred by the government pertaining to that stay.
Read the Full Bill
Current Status of Bill HR 4388
Bill HR 4388 is currently in the status of Bill Introduced since July 9, 2021. Bill HR 4388 was introduced during Congress 117 and was introduced to the House on July 9, 2021. Bill HR 4388's most recent activity was Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of July 9, 2021
Bipartisan Support of Bill HR 4388
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
8Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4388
Primary Policy Focus
Government Operations and PoliticsAlternate Title(s) of Bill HR 4388
To limit the amount of expenditure on Presidential travel, and for other purposes.
SWAMP Act of 2021
SWAMP Act of 2021
Stop Waste And Misuse by the President Act of 2021
Comments
Sponsors and Cosponsors of HR 4388
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