,i #aae? ,,congress #a/ ,session ,h4 ,r4 #cecb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #bh1 #bjag,mr4 ,evans 7= himself & ,mr4 ,mc,govern7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ov]sight & ,gov]nm5t ,re=m ,a ,,bill ,to require ! ,presid5t to conv]t private bus9esses & inve/m5ts 9 ord] to prev5t conflicts ( int]e/ "u ,f$]al law1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,no ,conflict ( ,int]e/ ,presid5cy ,act ( #bjag4 #b4 ,conv]sion ( ,presid5t's assets to avoid conflict ( int]e/ 7a7 ,9 g5]al ,9 ord] to ensure t no f9ancial conflict ( int]e/ exi/s1 imm$iately aft] assum+ (fice ! ,presid5t1 act+ 9 ! int]e/s ( ! ,am]ican p1 %all conv]t any private bus9esses & inve/m5ts own$ or held by ! ,presid5t into ca%4 7b7 ,p]missible assets ,^u conv]t+ su* private bus9esses & inve/m5ts pursuant to subsection 7a71 ! ,presid5t %all pur*ase ,treasury bills1 notes1 or bonds1 widely div]sifi$ mutual funds1 or any o!r hold+ t does n give rise to a f9ancial conflict ( int]e/4 7c7 ,application ,! requirem5ts ( ?is section %all no long] apply aft] ! date on :i* ! ,presid5t leaves (fice4 7d7 ,def9ition ( private bus9esses & inve/m5ts ,9 ?is section1 ! t]m private bus9esses & inve/m5ts includes ! foll[+ entities own$ or held1 ei!r :ole or 9 "p1 by ! ,presid5t3 7#a7 ,real e/ate prop]ties & v5tures1 includ+-- 7,a7 golf c\rses2 7,b7 hotels2 7,c7 resorts & spas2 or 7,d7 cas9os4 7#b7 ,=-pr(it education sy/ems4 7#c7 ,model+ managem5t ag5cies1 includ+ production companies ( beauty pageants4 7#d7 ,reality television & network affiliations4 7#e7 ,retail & consum] products4 7#f7 ,any o!r private bus9esses or inve/m5ts li/$ 9 ! ,presid5t's f9ancial disclosure reports1 includ+ any report "u ! ,e?ics 9 ,gov]nm5t ,act ( #aigh4 #c4 ,violations ,a violation ( ?is ,act %all con/itute a high crime & misdemeanor = ! purposes ( article ,,ii1 section #d ( ! ,con/itution ( ! ,unit$ ,/ates4