H.R. 5359

119 HR 5359 IH: No Bribes for Politicians Act of 2025
 U.S. House of Representatives
 2025-09-15
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 I  119th CONGRESS  1st Session  H. R. 5359  IN THE HOUSE OF REPRESENTATIVES   September 15, 2025   Mr. Harder of California  introduced the following bill; which was referred to the  Committee on Oversight and Government Reform    A BILL
To amend title 5, United States Code, to require biannual financial disclosure reports for Federal officials, to prohibit certain acts by the President, the Vice President, and their families, and for other purposes.
1.
Short title
This Act may be cited as the   No Bribes for Politicians Act of 2025  .
2.
Prohibition on using gifts in conjunction with Presidential duties
Section 7342(c) of title 5, United States Code, is amended by inserting at the end the following:
(4)
If an employee deposits a tangible gift of more than minimal value with an agency and such gift is for official use in conjunction with Presidential duties—
(A)
such gift may not be used; and
(C)
the agency shall promptly dispose of such gift in accordance with subsection (e).
 .
3.
Biannual financial disclosure requirement
Section 13103(d) of title 5, United States Code, is amended to read as follows:
(d)
Biannual reports
(1)
In general
Any individual who is an officer or employee described in subsection (f)—
(A)
during the 6-month period from January 1 to June 30 of any calendar year beginning with calendar year 2026 and performs the duties of the position or office for a period in excess of 60 days in such period shall file a report on or before October 15 of such calender year containing the information described in section 13104(a) of this title; and
(B)
during the 6-month period from July 1 to December 30 of any calendar year beginning with calendar year 2026 and performs the duties of the position or office for a period in excess of 60 days in such period shall file a report on or before May 15 of the succeeding calendar year containing the information described in such section 13104(a).
(2)
Application
With respect to any report under paragraph (1), such section 13104(a) shall be applied by substituting  applicable 6-month period  for  preceding calendar year
 .
4.
Expansion of financial disclosure requirements to relatives of President, Vice President, and cabinet secretaries
(a)
In general
Section 13104(e) of title 5, United States Code, is amended by inserting at the end the following new paragraph:
(3)
Reporting information relating to certain relatives
(A)
In general
Consistent with subparagraph (B), each report required by subsection (d) of section 13103 of this title shall include the information listed in paragraphs (1) through (5) of subsection (a) of this section with respect to any relative of the reporting individual.
(B)
Application
The requirements of subparagraph (A) shall only apply to the President, the Vice President, and any member of the President’s cabinet.
(C)
Definition of relative
In this paragraph, the term  relative  means an individual who is related to the reporting individual as father, mother, son, daughter, brother, sister, uncle, aunt, first cousin, nephew, niece, husband, wife, father-in-law, mother-in-law, son-in-law, daughter-in-law, brother-in-law, sister-in-law, stepfather, stepmother, stepson, stepdaughter, stepbrother, stepsister, half brother, or half sister.
 .
(b)
Technical and conforming amendments
Section 13104(e) of title 5, United States Code, as amended by subsection (a), is further amended—
(1)
in the subsection heading, by striking
spouse or dependent child   and inserting
relatives  ; and
(2)
in paragraph (1)—
(A)
in the paragraph heading, by striking  I
n general   and inserting
Reporting information relating to spouse or dependent child  ; and
(B)
by striking  each report required by section 13103  inserting  each report required by subsections (a), (b), (c), and (e) of section 13103 .
5.
Prohibitions on Presidential business activity
(a)
Prohibition
(1)
In general
Subchapter III of  chapter 131  of title 5, United States Code, is amended by inserting at the end the following:
13147.
Prohibitions on business activities of President and Vice President
(a)
Ownership prohibition
The President and Vice President—
(1)
may not hold a financial interest in any firm, partnership, association, corporation, or other for-profit entity; and
(2)
shall divest, not later than 30 days after assuming office, of any such interest by converting any such interest into cash.
(b)
Name and likeness prohibition
The President or Vice President, and the spouse or any dependent child of the President or Vice president, may not—
(1)
use the President’s or Vice President’s name or likeness for profit; or
(2)
permit the use of the President’s or Vice President’s name or likeness by any firm, partnership, association, corporation, or other for-profit entity.
(c)
Decision-Making prohibition
The President and Vice President may not serve as an officer, board member, or in any other role which holds decision-making power at any firm, partnership, association, corporation, or other for-profit entity.
(d)
Exclusion
This section shall not apply to any financial interest held in a retirement account, including any Federal, State, or local government employee retirement plan.
 .
(2)
Clerical amendment
The table of sections of such chapter is amended by inserting after the item relating to section 13146 the following:
13147. Prohibitions on business activities of President and Vice President.
  .
(b)
Civil penalties
Section 13145 of title 5, United States Code, is amended by striking  section 13143 or 13144  and inserting  section 13143, 13144, or 13147 .