Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
This bill bars executive agencies from awarding contracts, grants, cooperative agreements, or making related payments to any company if a "covered beneficial owner" of that company was a special Government employee (SGE) on or after January 1, 2025, unless that individual immediately resigns as an SGE and remains out of SGE status for 365 days after enactment. "Covered beneficial owner" is defined by SEC beneficial‑owner rules (17 C.F.R. 240.13d‑3, dec. 20, 2019) and requires at least 5 percent equity ownership.
The bill uses existing statutory definitions for "special Government employee" (18 U.S.C. 202(a)) and "executive agency."
Narrow ethics-focused change with measurable effects could attract bipartisan interest but likely faces substantial stakeholder resistance and procedural Senate hurdles.
Relative to its intended legislative type, this bill is a focused substantive policy change that clearly states a prohibition and provides definitions, but it provides limited implementation, enforcement, fiscal, and anti-evasion detail.
Liberty vs anti‑corruption tradeoff: access to expertise versus preventing conflicts
Liberty vs anti‑corruption tradeoff: access to expertise versus preventing conflicts
Likely supportive because the bill tightens conflict-of-interest rules and reduces taxpayer-funded favoritism.
It is seen as increasing government integrity and public trust.
Concern exists that it could unintentionally exclude subject-matter experts and small business owners who serve as SGEs.
Views the bill as a reasonable step to limit conflicts, but seeks clearer targeting and proportionality.
Supports conflict reduction but worries about overbreadth and unintended workforce or procurement effects.
Would press for clearer thresholds, waiver processes, and implementation guidance.
Likely skeptical, viewing the bill as regulatory overreach that restricts private sector participation and burdens procurement.
Concerned it will chill public service by experienced private‑sector individuals and harm small businesses.
Prefers narrower, targeted conflict rules instead.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow ethics-focused change with measurable effects could attract bipartisan interest but likely faces substantial stakeholder resistance and procedural Senate hurdles.
The bill has not accumulated any surfaced votes yet.
Liberty vs anti‑corruption tradeoff: access to expertise versus preventing conflicts
Narrow ethics-focused change with measurable effects could attract bipartisan interest but likely faces substantial stakeholder resistance…
Relative to its intended legislative type, this bill is a focused substantive policy change that clearly states a prohibition and provides definitions, but it provides limited implementation, enforcement, fiscal, and an…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.