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H.R. 5433 116th Congress House

Transparency in Executive Branch Official Finances Act

Official title: To require the disclosure of foreign business interests of senior Government officials and their spouses and family members, to require the President and Vice … Show full official titleShow less

Official title: To require the disclosure of foreign business interests of senior Government officials and their spouses and family members, to require the President and Vice President to disclose their tax returns, to prevent political appointees from receiving payments from foreign entities, and for other purposes.

Introduced: December 13, 2019 See on congress.gov
Government Operations and Politics Criminal procedure and sentencingElections, voting, political campaign regulationFederal officialsGovernment ethics and transparency, public corruption
More subjectsShow fewer subjects
Government information and archivesIntellectual propertyPresidents and presidential powers, Vice PresidentsTax administration and collection, taxpayersU.S. and foreign investments
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 2020
Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Dec 13, 2019
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Dec 13, 2019
Introduced in House
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 Latest action January 28, 2020

Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

 Plain-English summary Congressional Research Service

Transparency in Executive Branch Official Finances Act

This bill establishes disclosure requirements for the President, Vice President, and senior government officials, and it establishes penalties for political appointees who engage in certain conduct.

Specifically, the bill requires the President and Vice President, and any candidate for such offices, to disclose their federal income tax returns for the previous five years. The Office of Government Ethics must publish such tax returns after making redactions to prevent identity theft or physical danger.

In addition, the bill requires senior government officials to make certain disclosures with respect to (1) any foreign business relationship, and (2) any ownership interest of at least 10% of the outstanding shares in a private enterprise or corporation or any intellectual property protected or enforced by a foreign country.

Further, the bill establishes penalties for any political appointee who solicits or receives a payment from a foreign-owned business, organization affiliated with a foreign-owned business or foreign government, or a foreign national.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
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APA
U.S. Congress. (2026). H.R. 5433: Transparency in Executive Branch Official Finances Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5433/
MLA
"H.R. 5433: Transparency in Executive Branch Official Finances Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5433/.
Bluebook (legal)
H.R. 5433, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5433/.
Markdown link
[H.R. 5433: Transparency in Executive Branch Official Finances Act](https://openamerica.io/bill/116-HR-5433/)
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