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Increased Financial Transparency for President's and VP's Children

This act aims to increase financial transparency by requiring the President and Vice President to disclose information about the assets and investments of their adult children, even if they are not dependents. This will provide citizens with a more complete picture of potential conflicts of interest, which can impact public trust in government.
Key points
Extends financial disclosure requirements to include non-dependent adult children of the President and Vice President.
Increases transparency regarding the finances of top government officials' families.
Allows citizens to better assess potential conflicts of interest.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_5164
Sponsor: Rep. Waltz, Michael [R-FL-6]
Process start date: 2023-08-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PAINTER Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5164.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-08-04.

What are the main provisions?

Key points include:

  • Extends financial disclosure requirements to include non-dependent adult children of the President and Vice President.
  • Increases transparency regarding the finances of top government officials' families.
  • Allows citizens to better assess potential conflicts of interest.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Waltz, Michael [R-FL-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Oversight and Accountability.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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Courts and Law Economy