Royalty Transparency Act

Bill 119 s 855, also known as the "Royalty Reporting Act," is a piece of legislation introduced in the US Congress. The main purpose of this bill is to require executive branch employees to report any royalties they receive from outside sources.

The bill aims to increase transparency and accountability within the executive branch by ensuring that employees disclose any financial interests they may have in companies or organizations that could potentially influence their decision-making. By requiring employees to report royalties, the bill seeks to prevent conflicts of interest and maintain the integrity of the government.

In addition to the royalty reporting requirement, the bill also includes provisions for other purposes, although specific details on these additional provisions are not provided in the summary. Overall, Bill 119 s 855 is aimed at promoting ethical behavior and preventing corruption within the executive branch by mandating the disclosure of royalties received by employees.