,,ii  #aafth ,,congress  #ast ,session  
,s4 #afhf  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #bc       
7legislative day1 ,may #bb71 #bjai,mr4  
,casey 7for himself and ,ms4 ,klobuchar7
 introduced the following bill2 which   
was read twice and referred to the      
,committee on ,homeland ,security and   
,governmental ,affairs  ,a ,,bill  ,to  
amend the ,federal ,funding             
,accountability and ,transparency ,act  
of #bjjf to require full disclosure for 
entities receiving ,federal funding4    
#a4 ,short title ,this ,act may be cited
 as the ,know ,conflicts ,act of #bjai4 
#b4 ,full disclosure of entities        
receiving ,federal funding ,section #b  
of the ,federal ,funding ,accountability
 and ,transparency ,act of #bjjf 7#ca   
,u4,s4,c4 #faja note7 is amended-- 7#a7 
in subsection 7a7-- 7,a7 by             
redesignating-- 7i7 paragraphs 7#f7     
through 7#h7 as paragraphs 7#i7 through 
7#aa71 respectively2 and  7ii7          
paragraphs 7#a7 through 7#e7 as         

paragraphs 7#c7 through 7#g71           
respectively2  7,b7 by inserting before 
paragraph 7#b71 as redesignated1 the    
following3  7#a7 ,active financial      
conflict of interest ,the term active   
financial conflict of interest means any
 potential source of conflict that      
constitutes a financial interest in or  
liability owed to an entity reported as 
receiving a ,federal award under this   
,act4  7#b7 ,covered person ,the term   
covered person means the ,president1    
,vice ,president1 the spouse of the     
,president1 the spouse of the ,vice     
,president1 a dependent child of the    
,president1 or a dependent child of the 
,vice ,president4  2 and  7,c7 by       
inserting after paragraph 7#g71 as      
redesignated the following3  7#h7       
,potential source of conflict ,the term 
potential source of conflict means any  
financial interest or liability held by 
a covered person that-- 7,a7 7i7 is not 
a financial interest described in       
section #ajb7;f77#h7 of the ,ethics in  

,government ,act of #aigh 7#e ,u4,s4,c4 
,app472 and  7ii7 is included in a      
covered person's financial disclosure   
report required to be filed under       
section #aja of the ,ethics in          
,government ,act of #aigh 7#e ,u4,s4,c4 
,app472 or  7iii7 is otherwise          
identified by the ,director of the      
,office of ,government ,ethics as a     
potential source of conflict4  2 and    
7#b7 in subsection 7b77#a7-- 7,a7 in    
subparagraph 7,f77ii71 by striking the  
period at the end and inserting a       
semicolon2  7,b7 by redesignating       
subparagraph 7,g7 as subparagraph 7,h72 
and  7,c7 by inserting after            
subparagraph 7,f7 the following3  7,g7  
information indicating whether a        
,federal award has resulted in the      
existence of one or more active         
financial conflicts of interest2 and  4 
#c4 ,report ,not later than ,november   
#cj of each year1 the ,bureau of the    
,fiscal ,service of the ,department of  
the ,treasury shall submit to ,congress 

a report that includes a comprehensive  
accounting of all new or ongoing active 
conflicts of interest1 as defined in    
section #b of the ,federal ,funding     
,accountability and ,transparency ,act  
of #bjjf 7#ca ,u4,s4,c4 #faja note71 as 
amended by section #b of this ,act4