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Code · BILL · 117th Congress · H.R. 1 (Introduced in House) — To expand Americans’ access to the ballot box, reduce the influence of big money in politics, strengthen ethics rules... · Sec. 8007

Sec. 8007. Limitation on use of Federal funds and contracting at businesses owned by certain Government officers and employees

319 words·~1 min read·/bill/117/hr/1/ih/section-8007

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Beginning in fiscal year 2022 and in each fiscal year thereafter, no Federal funds may be obligated or expended for purposes of procuring goods or services at any business owned or controlled by a covered individual or any family member of such an individual, unless such obligation or expenditure of funds is authorized under the Presidential Protection Assistance Act of 1976 ( Public Law 94–524 ). No Executive agency may enter into or hold a contract with a business owned or controlled by a covered individual or any family member of such an individual.
For purposes of this section, a business shall be deemed to be owned or controlled by a covered individual or any family member of such an individual if the covered individual or member of family (as the case may be)— is a member of the board of directors or similar governing body of the business; directly or indirectly owns or controls more than 50 percent of the voting shares of the business; or is the beneficiary of a trust which owns or controls more than 50 percent of the business and can direct distributions under the terms of the trust.
In this section: The term covered individual means— the President; the Vice President; the head of any Executive department (as that term is defined in section 101 of title 5, United States Code); and any individual occupying a position designated by the President as a Cabinet-level position. The term family member means an individual with any of the following relationships to a covered individual: Spouse, and parents thereof. Sons and daughters, and spouses thereof. Parents, and spouses thereof.
Brothers and sisters, and spouses thereof. Grandparents and grandchildren, and spouses thereof. Domestic partner and parents thereof, including domestic partners of any individual in subparagraphs
(A)through (E). The term Executive agency has the meaning given that term in section 105 of title 5, United States Code.
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  • Pub. L. 94-524
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Sec. 8007
Limitation on use of Federal funds and contracting at businesses owned by certain Government officers and employees
Pub. L.Pub. L. 94-524
Cites 1Cited by 0 across 0 sources
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