Increased Transparency and Conflict Rules for President and Vice President.
This law introduces strict new rules to prevent conflicts of interest for the highest executive officials. It requires the President, Vice President, and their immediate families to sell off or place into a blind trust any investments that could influence public decisions. Furthermore, citizens gain access to the tax returns of these officials, increasing oversight of their impartiality.
Key points
Mandatory public disclosure of the three most recent federal income tax returns for the President, Vice President, and major party presidential candidates.
Requirement to sell or transfer to a qualified blind trust any financial assets posing a potential conflict of interest for the President, Vice President, or their families.
Presidential appointees must recuse themselves from official matters involving the President's or Vice President's personal financial interests.
Establishes a process for legal action by citizens or prosecutors if divestiture rules are not followed.
Expired
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