,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #cecb  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bh1 #bjag,mr4 
,evans 7for himself and ,mr4 ,mc,govern7
 introduced the following bill2 which   
was referred to the ,committee on       
,oversight and ,government ,reform  ,a  
,,bill  ,to require the ,president to   
convert private businesses and          
investments in order to prevent         
conflicts of interest under ,federal    
law1 and for other purposes4  #a4 ,short
 title ,this ,act may be cited as the   
,no ,conflict of ,interest ,presidency  
,act of #bjag4  #b4 ,conversion of      
,president's assets to avoid conflict of
 interest  7a7 ,in general ,in order to 
ensure that no financial conflict of    
interest exists1 immediately after      
assuming office the ,president1 acting  
in the interests of the ,american       
people1 shall convert any private       
businesses and investments owned or held
 by the ,president into cash4  7b7      
,permissible assets ,upon converting    

such private businesses and investments 
pursuant to subsection 7a71 the         
,president shall purchase ,treasury     
bills1 notes1 or bonds1 widely          
diversified mutual funds1 or any other  
holding that does not give rise to a    
financial conflict of interest4  7c7    
,application ,the requirements of this  
section shall no longer apply after the 
date on which the ,president leaves     
office4  7d7 ,definition of private     
businesses and investments ,in this     
section1 the term private businesses and
 investments includes the following     
entities owned or held1 either whole or 
in part1 by the ,president3 7#a7 ,real  
estate properties and ventures1         
including--  7,a7 golf courses2  7,b7   
hotels2  7,c7 resorts and spas2 or  7,d7
 casinos4  7#b7 ,for-profit education   
systems4  7#c7 ,modeling management     
agencies1 including production companies
 of beauty pageants4  7#d7 ,reality     
television and network affiliations4    
7#e7 ,retail and consumer products4     

7#f7 ,any other private businesses or   
investments listed in the ,president's  
financial disclosure reports1 including 
any report under the ,ethics in         
,government ,act of #aigh4  #c4         
,violations ,a violation of this ,act   
shall constitute a high crime and       
misdemeanor for the purposes of article 
,,ii1 section #d of the ,constitution of
 the ,united ,states4