S 2781
116th Congress
Senate
International Affairs
Civil actions and liability
Corporate finance and management
Europe
Family relationships
Federal officials
Foreign and international corporations
Fraud offenses and financial crimes
Government ethics and transparency, public corruption
Presidents and presidential powers, Vice Presidents
U.S. and foreign investments
Ukraine
A bill to prohibit the involvement of immediate family members of senior United States Government officials with Ukrainian entities.
Introduced: November 5, 2019
Introduced by:
Kennedy, John
Republican
· Louisiana
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 5, 2019
Read twice and referred to the Committee on Foreign Relations.
Nov 5, 2019
Introduced in Senate
Plain-English summary
This bill prohibits an immediate relative of certain senior U.S. government officials from having an ownership interest of 5% or more in a Ukrainian entity. It also prohibits such a relative from being a board member, consultant, employee, or independent contractor of a Ukrainian entity.
Specifically, this prohibition shall apply to the immediate relatives of (1) the President, (2) the Vice President, (3) the head of any executive department, (4) an individual in a cabinet-level position, or (5) a Member of Congress.
The bill provides for civil penalties and imprisonment for a violation and authorizes the Department of Justice to seek an injunction to stop the prohibited conduct.
What's happening now
Read twice and referred to the Committee on Foreign Relations.
Committees of jurisdiction
1