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Time to Choose Act of 2025
3/21/2025, 4:08 AM
Summary of Bill S 731
Bill 119 s 731, also known as the "Consulting Firm Conflict of Interest Prohibition Act," aims to address potential conflicts of interest that may arise when consulting firms contract with both the United States Government and foreign entities, particularly China and other covered foreign entities. The bill seeks to prevent consulting firms from prioritizing the interests of foreign entities over those of the US Government.
Under this legislation, consulting firms would be prohibited from entering into contracts with both the US Government and covered foreign entities simultaneously. This is to ensure that consulting firms do not have conflicting loyalties or interests that could compromise the integrity of their work for the US Government.
The bill also includes provisions for enforcement and penalties for violations of the prohibition on conflicts of interest. Consulting firms found to be in violation of the law could face fines or other disciplinary actions. Overall, the goal of Bill 119 s 731 is to promote transparency and accountability in government contracting and to safeguard against potential conflicts of interest that could undermine the interests of the United States.
Under this legislation, consulting firms would be prohibited from entering into contracts with both the US Government and covered foreign entities simultaneously. This is to ensure that consulting firms do not have conflicting loyalties or interests that could compromise the integrity of their work for the US Government.
The bill also includes provisions for enforcement and penalties for violations of the prohibition on conflicts of interest. Consulting firms found to be in violation of the law could face fines or other disciplinary actions. Overall, the goal of Bill 119 s 731 is to promote transparency and accountability in government contracting and to safeguard against potential conflicts of interest that could undermine the interests of the United States.
Read the Full Bill
Current Status of Bill S 731
Bill S 731 is currently in the status of Bill Introduced since February 25, 2025. Bill S 731 was introduced during Congress 119 and was introduced to the Senate on February 25, 2025. Bill S 731's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of February 25, 2025
Bipartisan Support of Bill S 731
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
1Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 731
Primary Policy Focus
Alternate Title(s) of Bill S 731
A bill to prohibit conflicts of interest among consulting firms that simultaneously contract with China or other covered foreign entities and the United States Government, and for other purposes.
A bill to prohibit conflicts of interest among consulting firms that simultaneously contract with China or other covered foreign entities and the United States Government, and for other purposes.
Comments
Sponsors and Cosponsors of S 731
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