summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Public Officials Accountability Act - Amends the federal criminal code to include as a fraud offense a scheme or artifice by a public official to engage in undisclosed self-dealing. Defines "undisclosed self-dealing" to mean: (1) performing an official act to benefit or further a financial interest of such public official, a spouse or minor child, a general business partner, a business or organization in which the public official is serving as an employee, officer, director, trustee, or general partner, or an individual, business, or organization with whom the public official is negotiating for, or has any arrangement concerning, prospective employment or financial compensation; and (2) knowingly falsifying, concealing, covering up, or failing to disclose material information regarding a financial interest as required by law.
AI Summary
This bill, titled the Public Officials Accountability Act, amends federal law to criminalize "undisclosed self-dealing" by public officials, which is defined as a scheme or artifice to defraud. This means that if a public official takes an official action that benefits their own financial interests, or those of their spouse, minor child, business partner, or any entity they are involved with or negotiating future employment with, and they knowingly hide or fail to disclose required information about that financial interest, they can be prosecuted for fraud. The bill clarifies that "public official" includes anyone acting on behalf of the United States, a state, or a local government, and "official act" encompasses a wide range of duties and decisions.
Committee Categories
Justice
Sponsors (1)
Last Action
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced in Senate: CR S2955) (on 05/12/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/senate-bill/995/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112s995is/pdf/BILLS-112s995is.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112s995is/pdf/BILLS-112s995is.pdf.pdf |
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