Royalty Transparency Act

Bill 119 HR 1863, also known as the "Executive Branch Royalty Reporting Act," aims to require employees of the executive branch to report any royalties they receive from outside sources. This bill is designed to increase transparency and accountability within the government by ensuring that potential conflicts of interest are disclosed.

Under this legislation, executive branch employees would be required to report any royalties they receive from sources outside of their government salary. This includes royalties from books, speaking engagements, or any other outside sources of income. By requiring these disclosures, the bill aims to prevent conflicts of interest and ensure that government officials are acting in the best interest of the public.

In addition to requiring royalty reporting, the bill also includes provisions for enforcement and penalties for non-compliance. This includes potential disciplinary action for employees who fail to report their royalties as required by the legislation. Overall, the Executive Branch Royalty Reporting Act is aimed at promoting transparency and accountability within the government by requiring executive branch employees to disclose any outside sources of income. This bill seeks to ensure that government officials are acting in the best interest of the public and are not influenced by outside financial interests.