COI Elimination Act

Hozzl · 2022-12-29T22:03:47Z

Explore the details of House Bill 7223 COI Elimination Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on International Affairs. Stay informed on legislative developments.

12/29/2022, 10:03 PM

Summary of Bill HR 7223

Bill 117 HR 7223, also known as the COI Elimination Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address conflicts of interest (COI) within the government and ensure that public officials are acting in the best interest of the American people.

The COI Elimination Act aims to increase transparency and accountability in government by requiring public officials to disclose any potential conflicts of interest that may arise from their financial holdings or relationships. This includes disclosing any investments, business interests, or other financial ties that could potentially influence their decision-making.

Additionally, the bill seeks to establish a process for addressing and resolving conflicts of interest when they arise. This may include recusal from certain decisions, divestment of assets, or other measures to ensure that public officials are acting in the best interest of the public. Overall, the COI Elimination Act is designed to promote ethical behavior and integrity within the government, and to ensure that public officials are held accountable for any conflicts of interest that may arise. It is currently being debated in Congress, and its ultimate fate will depend on the support it receives from lawmakers.

Congressional Summary of HR 7223

COI Elimination Act

This bill limits U.S. contributions to the United Nations pertaining to the U.N. Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem, and Israel.

Current law imposes a cap on the annual U.S. contribution to the U.N. budget. The bill lowers that cap by 25% of the amount budgeted for the commission.

The bill also states that it shall be U.S. policy to seek the abolition of the commission and combat systemic anti-Israel bias in international bodies.

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Current Status of Bill HR 7223

Bill HR 7223 is currently in the status of Bill Introduced since March 24, 2022. Bill HR 7223 was introduced during Congress 117 and was introduced to the House on March 24, 2022. Bill HR 7223's most recent activity was Referred to the House Committee on Foreign Affairs. as of March 24, 2022