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US HR1468

US HR1468
Honest Services Restoration Act


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

112th Congress

Bill Summary

Honest Services Restoration 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 Honest Services Restoration Act, amends federal law to criminalize "undisclosed self-dealing" by public officials, which is defined as a scheme or artifice to defraud. Specifically, it makes it a crime for a public official to perform an official act that benefits their own financial interests or those of their spouse, minor child, business partner, an organization where they hold a position, or an entity with whom they are negotiating for future employment or compensation, while knowingly failing to disclose material information about this financial interest as required by law. This aims to prevent corruption by ensuring transparency when public officials' actions could be influenced by personal financial gain.

Committee Categories

Justice, Military Affairs and Security

Sponsors (1)

Last Action

Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. (on 07/11/2011)

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