New Rules for Reporting Foreign Gifts to Officials and Politicians
This act introduces stricter rules for reporting and managing gifts received from foreign governments by federal officials, including presidential candidates and members of Congress. The goal is to increase transparency and accountability regarding foreign influence, which may impact public trust in government.
Key points
Expands the list of individuals required to report foreign gifts to include presidential, vice-presidential, and congressional candidates.
Prohibits accepting gifts from countries designated as 'countries of concern' by the Secretary of State.
Changes the deadline for submitting gift statements from January 31 to May 15 each year.
Imposes a $200 late fee for overdue statements, with a waiver option for good cause.
Requires public access to reported gift listings, similar to financial disclosure reports, enhancing transparency.
Specifies required gift information, including fair market value and final disposition.
Introduced
Additional Information
Print number: 119_HR_2291
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2025-03-24