A bill to amend title 5, United States Code, to require disclosure of conflicts of interest with respect to rulemaking, and for other purposes.

Bill 118 s 4749, also known as the "Conflicts of Interest Disclosure Act," aims to amend title 5 of the United States Code to mandate the disclosure of conflicts of interest in relation to rulemaking. The bill requires individuals involved in the rulemaking process to disclose any potential conflicts of interest that may influence their decision-making.

The purpose of this legislation is to promote transparency and accountability within the rulemaking process, ensuring that decisions are made in the best interest of the public rather than for personal gain. By requiring individuals to disclose any conflicts of interest, the bill seeks to prevent any undue influence or bias that may compromise the integrity of the rulemaking process.

Overall, the Conflicts of Interest Disclosure Act is designed to uphold the principles of good governance and ensure that rulemaking decisions are made in a fair and impartial manner. It serves to protect the public interest and maintain the integrity of the regulatory process.