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Royalty Transparency Act

USA119th CongressHR-1863| House 
| Updated: 3/5/2025
H. Morgan Griffith

H. Morgan Griffith

Republican Representative

Virginia

Cosponsors (1)
Nicole Malliotakis (Republican)

Judiciary Committee, Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The Royalty Transparency Act aims to increase transparency and mitigate potential conflicts of interest by expanding financial disclosure requirements for executive branch employees and members of specific advisory committees. It specifically mandates the reporting of royalties received from inventions developed during government employment, overriding existing exemptions for technology transfer payments. This measure seeks to ensure public awareness of potential financial interests that could influence official duties. The bill adds members of key public health and science advisory committees, such as the National Science Advisory Board for Biosecurity and the Advisory Committee on Immunization Practices, to the list of individuals required to file financial disclosure reports. The Government Accountability Office (GAO) will also identify other advisory committees making public health recommendations that have been implemented, bringing their members under these disclosure rules for a five-year period. These reports must now include the original source and amount or value of royalties received by the individual, their spouse, or dependent children. To further enhance transparency, the Act requires agencies to publish these financial disclosure reports, including royalty information, on their websites. It also stipulates that supervising ethics offices must notify specific Congressional committees when waivers for conflict of interest rules are granted. Furthermore, Members of Congress can request unredacted copies of these reports, with only sensitive personal identifying information protected. For individuals filing confidential financial disclosure reports who receive royalties, agencies are mandated to publish a separate report listing their names and the source and amount of those royalties. Finally, the bill directs the Federal Acquisition Regulatory Council and the Office of Management and Budget to update regulations, ensuring that reviews for prospective contractors and grantees include an assessment of royalties received, with agencies annually reporting on identified conflicts.
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Timeline

Bill from Previous Congress

HR 118-7853
Royalty Transparency Act
Mar 5, 2025
Introduced in House
Mar 5, 2025
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 17, 2025

Latest Companion Bill Action

S 119-855
Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with amendments. Without written report.
  • Bill from Previous Congress

    HR 118-7853
    Royalty Transparency Act


  • March 5, 2025
    Introduced in House


  • March 5, 2025
    Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • September 17, 2025

    Latest Companion Bill Action

    S 119-855
    Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with amendments. Without written report.

Government Operations and Politics

Related Bills

  • S 119-855: Royalty Transparency Act
Congressional oversightGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionGovernment information and archivesIntellectual propertyPublic contracts and procurement

Royalty Transparency Act

USA119th CongressHR-1863| House 
| Updated: 3/5/2025
The Royalty Transparency Act aims to increase transparency and mitigate potential conflicts of interest by expanding financial disclosure requirements for executive branch employees and members of specific advisory committees. It specifically mandates the reporting of royalties received from inventions developed during government employment, overriding existing exemptions for technology transfer payments. This measure seeks to ensure public awareness of potential financial interests that could influence official duties. The bill adds members of key public health and science advisory committees, such as the National Science Advisory Board for Biosecurity and the Advisory Committee on Immunization Practices, to the list of individuals required to file financial disclosure reports. The Government Accountability Office (GAO) will also identify other advisory committees making public health recommendations that have been implemented, bringing their members under these disclosure rules for a five-year period. These reports must now include the original source and amount or value of royalties received by the individual, their spouse, or dependent children. To further enhance transparency, the Act requires agencies to publish these financial disclosure reports, including royalty information, on their websites. It also stipulates that supervising ethics offices must notify specific Congressional committees when waivers for conflict of interest rules are granted. Furthermore, Members of Congress can request unredacted copies of these reports, with only sensitive personal identifying information protected. For individuals filing confidential financial disclosure reports who receive royalties, agencies are mandated to publish a separate report listing their names and the source and amount of those royalties. Finally, the bill directs the Federal Acquisition Regulatory Council and the Office of Management and Budget to update regulations, ensuring that reviews for prospective contractors and grantees include an assessment of royalties received, with agencies annually reporting on identified conflicts.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 118-7853
Royalty Transparency Act
Mar 5, 2025
Introduced in House
Mar 5, 2025
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 17, 2025

Latest Companion Bill Action

S 119-855
Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with amendments. Without written report.
  • Bill from Previous Congress

    HR 118-7853
    Royalty Transparency Act


  • March 5, 2025
    Introduced in House


  • March 5, 2025
    Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • September 17, 2025

    Latest Companion Bill Action

    S 119-855
    Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with amendments. Without written report.
H. Morgan Griffith

H. Morgan Griffith

Republican Representative

Virginia

Cosponsors (1)
Nicole Malliotakis (Republican)

Judiciary Committee, Oversight and Government Reform Committee

Government Operations and Politics

Related Bills

  • S 119-855: Royalty Transparency Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionGovernment information and archivesIntellectual propertyPublic contracts and procurement