| 1 | 1 | | II |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION S. 855 |
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| 5 | 5 | | To require executive branch employees to report certain royalties, and for |
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| 6 | 6 | | other purposes. |
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| 7 | 7 | | IN THE SENATE OF THE UNITED STATES |
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| 8 | 8 | | MARCH5, 2025 |
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| 9 | 9 | | Mr. P |
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| 10 | 10 | | AUL(for himself and Mr. SCOTTof Florida) introduced the following |
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| 11 | 11 | | bill; which was read twice and referred to the Committee on Homeland |
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| 12 | 12 | | Security and Governmental Affairs |
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| 13 | 13 | | A BILL |
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| 14 | 14 | | To require executive branch employees to report certain |
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| 15 | 15 | | royalties, and for other purposes. |
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| 16 | 16 | | Be it enacted by the Senate and House of Representa-1 |
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| 17 | 17 | | tives of the United States of America in Congress assembled, 2 |
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| 18 | 18 | | SECTION 1. SHORT TITLE. 3 |
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| 19 | 19 | | This Act may be cited as the ‘‘Royalty Transparency 4 |
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| 20 | 20 | | Act’’. 5 |
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| 21 | 21 | | SEC. 2. FINANCIAL DISCLOSURE REPORTS OF EXECUTIVE 6 |
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| 22 | 22 | | BRANCH EMPLOYEES. 7 |
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| 23 | 23 | | (a) I |
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| 24 | 24 | | NDIVIDUALSREQUIREDTOFILE.— 8 |
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| 25 | 25 | | (1) I |
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| 26 | 26 | | N GENERAL.—Section 13103 of title 5, 9 |
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| 27 | 27 | | United States Code, is amended— 10 |
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| 29 | 29 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 30 | 30 | | •S 855 IS |
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| 31 | 31 | | (A) in subsection (f)— 1 |
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| 32 | 32 | | (i) in paragraph (11), by striking ‘‘; 2 |
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| 33 | 33 | | and’’ and inserting a semicolon; 3 |
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| 34 | 34 | | (ii) in paragraph (12), by striking the 4 |
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| 35 | 35 | | period and inserting ‘‘; and’’; and 5 |
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| 36 | 36 | | (iii) by adding at the end the fol-6 |
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| 37 | 37 | | lowing: 7 |
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| 38 | 38 | | ‘‘(13) any member of— 8 |
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| 39 | 39 | | ‘‘(A) the National Science Advisory Board 9 |
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| 40 | 40 | | for Biosecurity; 10 |
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| 41 | 41 | | ‘‘(B) the Advisory Committee on Immuni-11 |
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| 42 | 42 | | zation Practices; 12 |
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| 43 | 43 | | ‘‘(C) the Advisory Commission on Child-13 |
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| 44 | 44 | | hood Vaccines; 14 |
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| 45 | 45 | | ‘‘(D) the National Vaccine Advisory Com-15 |
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| 46 | 46 | | mittee; 16 |
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| 47 | 47 | | ‘‘(E) the Vaccines and Related Biological 17 |
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| 48 | 48 | | Products Advisory Committee; 18 |
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| 49 | 49 | | ‘‘(F) the Defense Science Board; 19 |
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| 50 | 50 | | ‘‘(G) the Board of Scientific Advisors of 20 |
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| 51 | 51 | | the National Cancer Institute; 21 |
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| 52 | 52 | | ‘‘(H) the Homeland Security Science and 22 |
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| 53 | 53 | | Technology Advisory Committee; 23 |
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| 54 | 54 | | ‘‘(I) the Medical Review Board Advisory 24 |
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| 55 | 55 | | Committee; 25 |
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| 57 | 57 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 |
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| 58 | 58 | | •S 855 IS |
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| 59 | 59 | | ‘‘(J) the President’s Council of Advisors on 1 |
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| 60 | 60 | | Science and Technology; or 2 |
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| 61 | 61 | | ‘‘(K) any other advisory committee, as de-3 |
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| 62 | 62 | | fined in section 1001, including a successor to 4 |
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| 63 | 63 | | a committee described in this paragraph, that 5 |
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| 64 | 64 | | the Government Accountability Office deter-6 |
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| 65 | 65 | | mines, in accordance with subsection (j)— 7 |
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| 66 | 66 | | ‘‘(i) makes recommendations relating 8 |
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| 67 | 67 | | to public health to an agency or the Presi-9 |
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| 68 | 68 | | dent; and 10 |
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| 69 | 69 | | ‘‘(ii) has had any recommendation 11 |
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| 70 | 70 | | fully or partially implemented during the 12 |
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| 71 | 71 | | 10 years preceding the determination.’’; 13 |
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| 72 | 72 | | and 14 |
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| 73 | 73 | | (B) by adding at the end the following: 15 |
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| 74 | 74 | | ‘‘(j) D |
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| 75 | 75 | | ETERMINATION REGARDINGADVISORYCOM-16 |
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| 76 | 76 | | MITTEES.—Not later than 180 days after the date of en-17 |
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| 77 | 77 | | actment of the Royalty Transparency Act, and annually 18 |
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| 78 | 78 | | thereafter, the Government Accountability Office shall 19 |
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| 79 | 79 | | publish a list of each advisory committee that the Govern-20 |
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| 80 | 80 | | ment Accountability Office determines— 21 |
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| 81 | 81 | | ‘‘(1) makes recommendations relating to public 22 |
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| 82 | 82 | | health to an agency or the President; and 23 |
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| 84 | 84 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 4 |
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| 85 | 85 | | •S 855 IS |
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| 86 | 86 | | ‘‘(2) has had any recommendation fully or par-1 |
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| 87 | 87 | | tially implemented during the 10 years preceding the 2 |
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| 88 | 88 | | determination.’’. 3 |
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| 89 | 89 | | (2) S |
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| 90 | 90 | | UNSET.—Effective on the date that is 5 4 |
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| 91 | 91 | | years after the date of enactment of this Act, section 5 |
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| 92 | 92 | | 13103 of title 5, United States Code, as amended by 6 |
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| 93 | 93 | | this Act, is amended— 7 |
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| 94 | 94 | | (A) in subsection (f)(13), by striking sub-8 |
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| 95 | 95 | | paragraph (K) and inserting the following: 9 |
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| 96 | 96 | | ‘‘(K) a successor to a committee described 10 |
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| 97 | 97 | | in subparagraphs (A) through (J) of this para-11 |
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| 98 | 98 | | graph.’’; and 12 |
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| 99 | 99 | | (B) by striking subsection (j). 13 |
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| 100 | 100 | | (b) N |
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| 101 | 101 | | OTIFICATION OFWAIVER.— 14 |
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| 102 | 102 | | (1) T |
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| 103 | 103 | | ITLE 5.—Section 13103(i) of title 5, 15 |
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| 104 | 104 | | United States Code, is amended— 16 |
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| 105 | 105 | | (A) by moving the matter preceding para-17 |
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| 106 | 106 | | graph (1) two ems to the left; 18 |
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| 107 | 107 | | (B) by redesignating paragraphs (1) 19 |
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| 108 | 108 | | through (4) as subparagraphs (A) through (D), 20 |
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| 109 | 109 | | respectively; 21 |
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| 110 | 110 | | (C) in the matter preceding subparagraph 22 |
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| 111 | 111 | | (A), as so redesignated, by striking ‘‘the super-23 |
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| 112 | 112 | | vising ethics office determines’’ and inserting 24 |
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| 113 | 113 | | ‘‘the supervising ethics office— 25 |
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| 116 | 116 | | •S 855 IS |
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| 117 | 117 | | ‘‘(1) determines’’; 1 |
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| 118 | 118 | | (D) in subparagraph (D), as so redesig-2 |
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| 119 | 119 | | nated, by striking the period at the end and in-3 |
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| 120 | 120 | | serting ‘‘; and’’; and 4 |
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| 121 | 121 | | (E) by adding at the end the following: 5 |
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| 122 | 122 | | ‘‘(2) provides notification of such waiver to the 6 |
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| 123 | 123 | | Committees on Homeland Security and Govern-7 |
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| 124 | 124 | | mental Affairs and Commerce, Science, and Trans-8 |
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| 125 | 125 | | portation of the Senate and the Committees on 9 |
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| 126 | 126 | | Oversight and Government Reform and Energy and 10 |
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| 127 | 127 | | Commerce of the House of Representatives.’’. 11 |
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| 128 | 128 | | (2) T |
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| 129 | 129 | | ITLE 18.—Section 208 of title 18, United 12 |
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| 130 | 130 | | States Code, is amended by adding at the end the 13 |
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| 131 | 131 | | following: 14 |
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| 132 | 132 | | ‘‘(e) Any exemption— 15 |
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| 133 | 133 | | ‘‘(1) granted under paragraph (1) or (3) of sub-16 |
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| 134 | 134 | | section (b) shall be immediately reported to the 17 |
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| 135 | 135 | | Committees on Homeland Security and Govern-18 |
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| 136 | 136 | | mental Affairs and Commerce, Science, and Trans-19 |
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| 137 | 137 | | portation of the Senate and the Committees on 20 |
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| 138 | 138 | | Oversight and Government Reform and Energy and 21 |
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| 139 | 139 | | Commerce of the House of Representatives, includ-22 |
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| 140 | 140 | | ing a detailed justification for granting the waiver; 23 |
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| 141 | 141 | | or 24 |
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| 143 | 143 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 6 |
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| 144 | 144 | | •S 855 IS |
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| 145 | 145 | | ‘‘(2) granted under subpart (C) of part 2640 of 1 |
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| 146 | 146 | | title 5 of the Code of Federal Regulations, or any 2 |
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| 147 | 147 | | successor regulation, shall be immediately reported 3 |
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| 148 | 148 | | to the Committees on Homeland Security and Gov-4 |
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| 149 | 149 | | ernmental Affairs and Commerce, Science, and 5 |
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| 150 | 150 | | Transportation of the Senate and the Committees on 6 |
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| 151 | 151 | | Oversight and Government Reform and Energy and 7 |
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| 152 | 152 | | Commerce of the House of Representatives, includ-8 |
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| 153 | 153 | | ing a detailed justification for granting the waiver.’’. 9 |
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| 154 | 154 | | (c) C |
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| 155 | 155 | | ONTENTS OFREPORTS.—Section 13104(a)(1) of 10 |
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| 156 | 156 | | title 5, United States Code, is amended— 11 |
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| 157 | 157 | | (1) in subparagraph (A), by inserting ‘‘, subject 12 |
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| 158 | 158 | | to subparagraph (C)’’ after ‘‘employment by the 13 |
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| 159 | 159 | | United States Government’’; and 14 |
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| 160 | 160 | | (2) by inserting after subparagraph (B) the fol-15 |
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| 161 | 161 | | lowing: 16 |
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| 162 | 162 | | ‘‘(C) R |
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| 163 | 163 | | OYALTIES RECEIVED BY GOVERN -17 |
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| 164 | 164 | | MENT EMPLOYEES AND COMMITTEE FILERS .— 18 |
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| 165 | 165 | | Notwithstanding section 12(c) of the Stevenson- 19 |
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| 166 | 166 | | Wydler Technology Innovation Act of 1980 (15 20 |
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| 167 | 167 | | U.S.C. 3710a(c)) and section 209 of title 35, if 21 |
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| 168 | 168 | | the reporting individual is an officer or em-22 |
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| 169 | 169 | | ployee in the executive branch (including a spe-23 |
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| 170 | 170 | | cial Government employee, as defined in section 24 |
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| 171 | 171 | | 202 of title 18), or an individual described in 25 |
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| 173 | 173 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 7 |
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| 174 | 174 | | •S 855 IS |
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| 175 | 175 | | section 13103(f)(13), the original source and 1 |
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| 176 | 176 | | amount or value of any royalties received by the 2 |
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| 177 | 177 | | reporting individual, the spouse of the reporting 3 |
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| 178 | 178 | | individual, or a dependent child of the reporting 4 |
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| 179 | 179 | | individual during the reporting period described 5 |
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| 180 | 180 | | in subsection (d) or (e) of section 13103, as ap-6 |
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| 181 | 181 | | plicable, that were received as a result of an in-7 |
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| 182 | 182 | | vention developed by the reporting individual in 8 |
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| 183 | 183 | | the course of employment of the reporting indi-9 |
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| 184 | 184 | | vidual with the United States Government, in-10 |
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| 185 | 185 | | cluding any royalty interest payment made 11 |
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| 186 | 186 | | under the Federal Technology Transfer Act of 12 |
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| 187 | 187 | | 1986 (Public Law 99–502; 100 Stat. 1785), an 13 |
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| 188 | 188 | | amendment made by such Act, or any other ap-14 |
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| 189 | 189 | | plicable authority.’’. 15 |
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| 190 | 190 | | (d) R |
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| 191 | 191 | | EVIEW OFREPORTS.—Section 13107(b) of title 16 |
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| 192 | 192 | | 5, United States Code, is amended— 17 |
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| 193 | 193 | | (1) in paragraph (1)— 18 |
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| 194 | 194 | | (A) in the first sentence, by inserting ‘‘and 19 |
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| 195 | 195 | | shall, in the case of an agency or office and not-20 |
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| 196 | 196 | | withstanding section 12 of the Stevenson- 21 |
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| 197 | 197 | | Wydler Technology Act of 1980 (15 U.S.C. 22 |
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| 198 | 198 | | 3710a) and section 209 of title 35, publish such 23 |
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| 199 | 199 | | report on the internet website of the agency or 24 |
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| 201 | 201 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 8 |
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| 202 | 202 | | •S 855 IS |
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| 203 | 203 | | office, as the case may be’’ after ‘‘to any person 1 |
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| 204 | 204 | | requesting such inspection or copy’’; and 2 |
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| 205 | 205 | | (B) in the second sentence— 3 |
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| 206 | 206 | | (i) by inserting ‘‘, notwithstanding 4 |
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| 207 | 207 | | section 12 of the Stevenson-Wydler Tech-5 |
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| 208 | 208 | | nology Act of 1980 (15 U.S.C. 3710a) and 6 |
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| 209 | 209 | | section 209 of title 35,’’ after ‘‘such report 7 |
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| 210 | 210 | | shall’’; and 8 |
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| 211 | 211 | | (ii) by inserting ‘‘and, in the case of 9 |
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| 212 | 212 | | an agency or office, published on the inter-10 |
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| 213 | 213 | | net website of the agency or office, as the 11 |
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| 214 | 214 | | case may be,’’ after ‘‘made available for 12 |
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| 215 | 215 | | public inspection’’; 13 |
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| 216 | 216 | | (2) by striking paragraph (2) and the matter 14 |
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| 217 | 217 | | following paragraph (2); 15 |
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| 218 | 218 | | (3) by redesignating paragraph (3) as para-16 |
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| 219 | 219 | | graph (2); and 17 |
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| 220 | 220 | | (4) by adding at the end the following: 18 |
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| 221 | 221 | | ‘‘(3) P |
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| 222 | 222 | | ROCEDURE FOR RELEASING REPORTS TO 19 |
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| 223 | 223 | | MEMBERS OF CONGRESS .—Notwithstanding any 20 |
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| 224 | 224 | | other provision of law, not later than 30 days after 21 |
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| 225 | 225 | | receiving a request from a Member of Congress, any 22 |
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| 226 | 226 | | agency or supervising ethics office in the executive 23 |
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| 227 | 227 | | branch shall furnish to the Member of Congress a 24 |
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| 228 | 228 | | copy of any report submitted under subsection (b), 25 |
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| 230 | 230 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 9 |
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| 231 | 231 | | •S 855 IS |
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| 232 | 232 | | which shall be unredacted, except with respect to so-1 |
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| 233 | 233 | | cial security numbers, dates of birth, home address-2 |
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| 234 | 234 | | es, rental property addresses, phone numbers, email 3 |
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| 235 | 235 | | addresses, financial account numbers, signatures, 4 |
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| 236 | 236 | | and the personally identifiable information of de-5 |
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| 237 | 237 | | pendent children.’’. 6 |
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| 238 | 238 | | (e) C |
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| 239 | 239 | | ONFIDENTIALREPORTS AND OTHERADDI-7 |
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| 240 | 240 | | TIONALREQUIREMENTS.—Section 13109 of title 5, 8 |
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| 241 | 241 | | United States Code, is amended— 9 |
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| 242 | 242 | | (1) by redesignating subsections (b) and (c) as 10 |
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| 243 | 243 | | subsections (f) and (g), respectively; and 11 |
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| 244 | 244 | | (2) by inserting after subsection (a) the fol-12 |
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| 245 | 245 | | lowing: 13 |
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| 246 | 246 | | ‘‘(b) R |
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| 247 | 247 | | OYALTIESRECEIVED BYCONFIDENTIALFIL-14 |
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| 248 | 248 | | ERS.—Notwithstanding section 12(c) of the Stevenson- 15 |
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| 249 | 249 | | Wydler Technology Innovation Act of 1980 (15 U.S.C. 16 |
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| 250 | 250 | | 3710a(c)) and section 209 of title 35, the information re-17 |
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| 251 | 251 | | quired to be reported under this section shall include the 18 |
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| 252 | 252 | | original source and amount or value of any royalties re-19 |
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| 253 | 253 | | ceived by the reporting individual, or the spouse or any 20 |
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| 254 | 254 | | dependent child of the reporting individual, that were re-21 |
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| 255 | 255 | | ceived as a result of an invention, including any royalty 22 |
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| 256 | 256 | | interest payment made under the Federal Technology 23 |
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| 257 | 257 | | Transfer Act of 1986 (Public Law 99–502; 100 Stat. 24 |
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| 259 | 259 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 10 |
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| 260 | 260 | | •S 855 IS |
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| 261 | 261 | | 1785), an amendment made by such Act, or any other ap-1 |
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| 262 | 262 | | plicable authority. 2 |
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| 263 | 263 | | ‘‘(c) P |
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| 264 | 264 | | ROCEDURE FOR RELEASINGREPORTS TO 3 |
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| 265 | 265 | | M |
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| 266 | 266 | | EMBERS OF CONGRESS.—Notwithstanding any other 4 |
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| 267 | 267 | | provision of law, not later than 30 days after receiving 5 |
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| 268 | 268 | | a request from a Member of Congress, any agency or su-6 |
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| 269 | 269 | | pervising ethics office in the executive branch shall furnish 7 |
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| 270 | 270 | | to the Member of Congress a copy of any report submitted 8 |
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| 271 | 271 | | under subsection (a), which shall be unredacted, except 9 |
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| 272 | 272 | | with respect to social security numbers, dates of birth, 10 |
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| 273 | 273 | | home addresses, rental property addresses, phone num-11 |
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| 274 | 274 | | bers, email addresses, financial account numbers, signa-12 |
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| 275 | 275 | | tures, and the personally identifiable information of de-13 |
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| 276 | 276 | | pendent children. 14 |
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| 277 | 277 | | ‘‘(d) R |
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| 278 | 278 | | EPORTS.—Not later than 60 days after the 15 |
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| 279 | 279 | | date of enactment of the Royalty Transparency Act, and 16 |
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| 280 | 280 | | each year thereafter, the head of each agency shall submit 17 |
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| 281 | 281 | | to the Committees on Homeland Security and Govern-18 |
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| 282 | 282 | | mental Affairs and Commerce, Science, and Transpor-19 |
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| 283 | 283 | | tation of the Senate and the Committees on Oversight and 20 |
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| 284 | 284 | | Government Reform and Energy and Commerce of the 21 |
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| 285 | 285 | | House of Representatives, and as to each agency within 22 |
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| 286 | 286 | | the intelligence community (as that term is defined in sec-23 |
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| 287 | 287 | | tion 3 of the National Security Act of 1947 (50 U.S.C. 24 |
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| 288 | 288 | | 3003)), the head of each such agency shall also submit 25 |
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| 291 | 291 | | •S 855 IS |
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| 292 | 292 | | to the Select Committee on Intelligence of the Senate and 1 |
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| 293 | 293 | | the Permanent Select Committee on Intelligence of the 2 |
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| 294 | 294 | | House of Representatives, a report relating to confidential 3 |
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| 295 | 295 | | financial disclosures of officers and employees under the 4 |
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| 296 | 296 | | jurisdiction of such agency for the preceding fiscal year, 5 |
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| 297 | 297 | | which shall include— 6 |
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| 298 | 298 | | ‘‘(1) the number of individuals who filed such 7 |
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| 299 | 299 | | disclosures with the agency under this section, in-8 |
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| 300 | 300 | | cluding, if applicable, the subcomponent of the agen-9 |
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| 301 | 301 | | cy that has jurisdiction over the individual and the 10 |
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| 302 | 302 | | reason for filing confidentially; 11 |
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| 303 | 303 | | ‘‘(2) the number of special Government employ-12 |
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| 304 | 304 | | ees, as defined in section 202 of title 18, that are 13 |
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| 305 | 305 | | required to file confidential financial disclosure re-14 |
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| 306 | 306 | | ports with the agency under this section; and 15 |
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| 307 | 307 | | ‘‘(3) any additional information determined to 16 |
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| 308 | 308 | | be relevant by the Director of the Office of Govern-17 |
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| 309 | 309 | | ment Ethics after consultation with the Committees 18 |
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| 310 | 310 | | on Homeland Security and Governmental Affairs 19 |
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| 311 | 311 | | and Commerce, Science, and Transportation of the 20 |
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| 312 | 312 | | Senate and the Committees on Oversight and Gov-21 |
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| 313 | 313 | | ernment Reform and Energy and Commerce of the 22 |
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| 314 | 314 | | House of Representatives. 23 |
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| 315 | 315 | | ‘‘(e) P |
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| 316 | 316 | | UBLICDISCLOSURE OFROYALTIESRECEIVED 24 |
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| 317 | 317 | | BYCERTAINFEDERALEMPLOYEES.— 25 |
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| 320 | 320 | | •S 855 IS |
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| 321 | 321 | | ‘‘(1) DEFINITION.—For the purposes of this 1 |
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| 322 | 322 | | subsection, the term ‘covered individual’ means an 2 |
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| 323 | 323 | | individual who— 3 |
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| 324 | 324 | | ‘‘(A) is required to file a confidential finan-4 |
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| 325 | 325 | | cial disclosure report under this section; and 5 |
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| 326 | 326 | | ‘‘(B) reports receiving a royalty interest 6 |
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| 327 | 327 | | under subsection (b). 7 |
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| 328 | 328 | | ‘‘(2) R |
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| 329 | 329 | | EQUIREMENT.—Not later than 180 days 8 |
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| 330 | 330 | | after the date of enactment of the Royalty Trans-9 |
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| 331 | 331 | | parency Act, and annually thereafter, each agency 10 |
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| 332 | 332 | | shall publish a report on the internet website of the 11 |
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| 333 | 333 | | agency, listing— 12 |
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| 334 | 334 | | ‘‘(A) the names of all covered individuals; 13 |
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| 335 | 335 | | and 14 |
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| 336 | 336 | | ‘‘(B) the original source and amount or 15 |
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| 337 | 337 | | value of any royalties reported under this sec-16 |
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| 338 | 338 | | tion by each covered individual.’’. 17 |
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| 339 | 339 | | (f) R |
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| 340 | 340 | | ULE OFCONSTRUCTION.—Nothing in this sec-18 |
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| 341 | 341 | | tion, or any amendment made by this section, shall be con-19 |
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| 342 | 342 | | strued to limit the ability of an advisory committee, as 20 |
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| 343 | 343 | | defined in section 1001 of title 5, United States Code, to 21 |
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| 344 | 344 | | conduct work related to the function of the advisory com-22 |
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| 345 | 345 | | mittee. 23 |
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| 348 | 348 | | •S 855 IS |
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| 349 | 349 | | SEC. 3. PREVENTING ORGANIZATIONAL CONFLICTS OF IN-1 |
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| 350 | 350 | | TEREST IN FEDERAL ACQUISITION. 2 |
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| 351 | 351 | | (a) I |
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| 352 | 352 | | NGENERAL.—The Federal Acquisition Regu-3 |
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| 353 | 353 | | latory Council and the Office of Management and Budget 4 |
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| 354 | 354 | | shall, as appropriate, enact or update any regulation nec-5 |
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| 355 | 355 | | essary to ensure that conflict of interest reviews for pro-6 |
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| 356 | 356 | | spective contractors or grantees include reviews of royal-7 |
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| 357 | 357 | | ties paid to prospective contractors or grantees in the pre-8 |
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| 358 | 358 | | ceding calendar year. 9 |
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| 359 | 359 | | (b) O |
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| 360 | 360 | | NGOINGREVIEWS.—Not later than 1 year after 10 |
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| 361 | 361 | | the date of enactment of this Act, and each year there-11 |
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| 362 | 362 | | after, each agency conducting any conflict of interest re-12 |
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| 363 | 363 | | view described in subsection (a) shall report to the Com-13 |
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| 364 | 364 | | mittees on Homeland Security and Governmental Affairs 14 |
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| 365 | 365 | | and Commerce, Science, and Transportation of the Senate 15 |
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| 366 | 366 | | and the Committees on Oversight and Government Re-16 |
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| 367 | 367 | | form and Energy and Commerce of the House of Rep-17 |
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| 368 | 368 | | resentatives, and as to each agency within the intelligence 18 |
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| 369 | 369 | | community (as that term is defined in section 3 of the 19 |
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| 370 | 370 | | National Security Act of 1947 (50 U.S.C. 3003)), the 20 |
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| 371 | 371 | | head of each such agency shall also report to the Select 21 |
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| 372 | 372 | | Committee on Intelligence of the Senate and the Perma-22 |
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| 373 | 373 | | nent Select Committee on Intelligence of the House of 23 |
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| 374 | 374 | | Representatives, on the number of identified cases of po-24 |
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| 375 | 375 | | tential conflict of interest related to royalty payments and 25 |
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| 376 | 376 | | the steps taken to mitigate those cases. 26 |
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| 379 | 379 | | •S 855 IS |
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| 380 | 380 | | SEC. 4. SEVERABILITY. 1 |
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| 381 | 381 | | If any provision of this Act, an amendment made by 2 |
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| 382 | 382 | | this Act, or the application of such provision or amend-3 |
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| 383 | 383 | | ment to any person or circumstance is held to be unconsti-4 |
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| 384 | 384 | | tutional, the remainder of this Act and the amendments 5 |
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| 385 | 385 | | made by this Act, and the application of the provision or 6 |
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| 386 | 386 | | the amendment to any other person or circumstance, shall 7 |
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| 387 | 387 | | not be affected. 8 |
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| 388 | 388 | | Æ |
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