H.R.3532 - No Conflict of Interest Presidency Act of 2017115th Congress (2017-2018) |
|Sponsor:||Rep. Evans, Dwight [D-PA-2] (Introduced 07/28/2017)|
|Committees:||House - Oversight and Government Reform|
|Latest Action:||House - 07/28/2017 Referred to the House Committee on Oversight and Government Reform. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.3532 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (07/28/2017)
No Conflict of Interest Presidency Act of 2017
This bill requires the President: (1) immediately after assuming office, to convert any private businesses and investments owned or held by the President into cash; and (2) upon making such conversion, to purchase Treasury bills, notes, or bonds, widely diversified mutual funds, or any other holding that does not give rise to a financial conflict of interest.
A violation of this bill shall constitute a high crime and misdemeanor under the U.S. Constitution.