H.R.5362: Stop Foreign Payoffs Act

About This Bill

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Bill Summary

Stop Foreign Payoffs Act This bill prohibits certain government officials and their family members from holding foreign financial interests and also requires divestiture of any such interests in a prescribed manner and time frame. Specifically, the bill prohibits the President, cabinet officials, and Members of Congress from holding any financial interest in, or receiving payment from, a foreign business. Such individuals must divest any...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 24, 2021
Referred to the Committee on Oversight and Reform, and in addition to the Committee on House Administration, 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.
Sept. 24, 2021

Introduced in the House by Jared Golden (D-Maine)

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