Summary: H.R.6340 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.6340. Bill summaries are authored by CRS.

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Introduced in House (11/17/2016)

Presidential Accountability Act

This bill amends the federal criminal code to make it a crime for the President or Vice President to personally and substantially participate in official matters that affect their financial interests, unless the financial interests are held in a blind trust or the President or Vice President discloses the financial interests and receives an exemption.

It imposes criminal penalties—a prison term, a fine, or both—on a President or Vice President who commits the offense. It also authorizes civil penalties and injunctions.

Additionally, a violation constitutes a high crime and misdemeanor (i.e., grounds for impeachment) under Article II, Section 4 of the U.S. Constitution.

Finally, the bill prohibits the President or Vice President from entering into contracts with the U.S. government.