To prohibit Federal funds from being used for any property or entity owned by Donald J. Trump, and for other purposes.

Hozzl · 2025-02-04T16:54:13Z

Explore the details of House Bill 490 To prohibit Federal funds from being used for any property or entity owned by Donald J. Trump, and for other purposes. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/4/2025, 4:54 PM

Summary of Bill HR 490

Bill 119 HR 490, also known as the "Prohibition of Federal Funds for Trump-Owned Properties Act," aims to prevent any Federal funds from being used for properties or entities owned by former President Donald J. Trump. The bill seeks to ensure that taxpayer money is not used to benefit Trump's personal business interests.

If passed, this legislation would have significant implications for Trump's various businesses, including hotels, golf courses, and other properties. The bill also includes provisions to prevent any Federal funds from being used to support entities in which Trump has a financial interest.

The purpose of this bill is to uphold ethical standards and prevent conflicts of interest within the Federal government. By prohibiting the use of Federal funds for Trump-owned properties, lawmakers hope to ensure that government resources are not being used to enrich the former President or his businesses. Overall, Bill 119 HR 490 represents a bipartisan effort to promote transparency and accountability in government spending. It remains to be seen how this legislation will progress through Congress and what impact it may have on Trump's business empire.

Congressional Summary of HR 490

Constitutional Emoluments Protection of American Interests Act of 2025

This bill prohibits the use of federal funds (1) at any property or entity owned by, managed by, or under the control of Donald J. Trump; or (2) to enter into any new contract, grant, or cooperative agreement with such a property.

Current Status of Bill HR 490

Bill HR 490 is currently in the status of Bill Introduced since January 16, 2025. Bill HR 490 was introduced during Congress 119 and was introduced to the House on January 16, 2025. Bill HR 490's most recent activity was Referred to the House Committee on Oversight and Government Reform. as of January 16, 2025