Bill > HR5182

This bill, known as the Curb Objectionable Redirection of Resources and Unconstitutional Payments to Trump Act or the CORRUPT Act, aims to address concerns about the use of government funds to benefit the Trump Organization and the President's business interests. The key provisions of the bill include: 1. Requiring federal agencies to report on any funds expended at or payments made to properties controlled by the Trump Organization or associated with the President, his family, or the Trump Organization in the previous fiscal year. 2. Directing the Office of Management and Budget to submit an annual report to Congress on the direct and indirect ways that federal funds have benefited the covered properties, including expenditures, regulatory actions, and indirect expenditures through vendors. 3. Defining key terms such as "agency," "covered individual," and "covered property" to ensure comprehensive reporting on any potential conflicts of interest or self-enrichment by the President or his associates. The bill is intended to provide transparency and accountability around the use of taxpayer funds and to prevent the Trump Organization or the President's associates from improperly benefiting from the President's position.

Government Affairs

https://www.congress.gov/bill/115th-congress/house-bill/5182/all-info