[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5164 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 5164

To amend title 5 of the United States Code to require certain financial 
   disclosures regarding all children of the President and the Vice 
                   President, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             August 4, 2023

  Mr. Waltz introduced the following bill; which was referred to the 
               Committee on Oversight and Accountability

_______________________________________________________________________

                                 A BILL


 
To amend title 5 of the United States Code to require certain financial 
   disclosures regarding all children of the President and the Vice 
                   President, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Preventing Assets and Investments 
with No Transparency from Executive Relatives Act'' or the ``PAINTER 
Act''.

SEC. 2. FINANCIAL DISCLOSURES FORM.

    Section 13104(e) of title 5, United States Code, is amended--
            (1) in the header, by striking ``Spouse or Dependent 
        Child'' and inserting ``Spouse, Dependent Child, or Non-
        Dependent Child'';
            (2) in paragraph (1)--
                    (A) in the matter preceding subparagraph (A), by 
                striking ``of the reporting individual as follows'' and 
                inserting the following: ``of the reporting individual 
                and, if the reporting individual is an individual 
                described in paragraph (1) or (2) of section 13103(f), 
                respecting the non-dependent child of the reporting 
                individual, as follows'';
                    (B) in subparagraph (A), by inserting ``or non-
                dependent child'' after ``spouse'' each place it 
                appears;
                    (C) in subparagraph (B)--
                            (i) by striking ``by a spouse or dependent 
                        child'' and inserting ``by a spouse, dependent 
                        child, or non-dependent child''; and
                            (ii) by striking ``by the spouse or 
                        dependent child'' and inserting ``by the 
                        spouse, dependent child, or non-dependent 
                        child'';
                    (D) in subparagraph (C)--
                            (i) by striking ``by a spouse or dependent 
                        child'' and inserting ``by a spouse, dependent 
                        child, or non-dependent child''; and
                            (ii) by striking ``of the spouse or 
                        dependent child'' and inserting ``of the 
                        spouse, dependent child, or non-dependent 
                        child'';
                    (E) in subparagraph (D)--
                            (i) by striking ``by a spouse or dependent 
                        child'' and inserting ``by a spouse, dependent 
                        child, or non-dependent child''; and
                            (ii) by striking ``of the spouse or 
                        dependent child'' and inserting ``of the 
                        spouse, dependent child, or non-dependent 
                        child'';
                    (F) in subparagraph (E), by striking ``the spouse's 
                or dependent child's'' and inserting ``the spouse's, 
                dependent child's, or non-dependent child's'';
                    (G) in subparagraph (F)--
                            (i) by striking ``of spouses and dependent 
                        children'' and inserting ``of spouses, 
                        dependent children, and non-dependent 
                        children''; and
                            (ii) by striking ``of the spouse or 
                        dependent children'' and inserting ``of the 
                        spouse, dependent children, or non-dependent 
                        children''; and
                    (H) in the matter following subparagraph (F), by 
                striking ``to the spouse and dependent child'' and 
                inserting ``to the spouse, dependent child, and non-
                dependent child''; and
            (3) by adding at the end the following new paragraph:
            ``(3) Non-dependent child defined.--In this subsection, the 
        term `non-dependent child' means any individual who is a son, 
        daughter, stepson, or stepdaughter of the reporting individual 
        that is over the age of 17 and that is not a dependent child of 
        such reporting individual.''.
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