,,ii  #aahth ,,congress  #b;d ,session  
,s4 #cffd  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #be1  
#bjbd,mr4 ,paul introduced the following
 bill2 which was read twice and referred
 to the ,committee on ,homeland         
,security and ,governmental ,affairs  ,a
 ,,bill  ,to require executive branch   
employees to report certain royalties1  
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,royalty ,transparency ,act4  #b4       
,financial disclosure reports of        
executive branch employees  7a7         
,contents of reports ,section           
#acajd7;a77#a7 of title #e1 ,united     
,states ,code1 is amended-- 7#a7 in     
subparagraph 7,a71 by inserting 1       
subject to subparagraph 7,c7 after      
employment by the ,united ,states       
,government2 and  7#b7 by inserting     
after subparagraph 7,b7 the following3  
7,c7 ,royalties received by ,government 
employees ,notwithstanding section      
#ab7;c7 of the ,stevenson-,wydler       

,technology ,innovation ,act of #aihj   
7#ae ,u4,s4,c4 #cgaj;a 7c77 and section 
#bji of title #ce1 if the reporting     
individual is an officer or employee in 
the executive branch 7including a       
special ,government employee1 as defined
 in section #bjb of title #ah71 the     
source and amount or value of any       
royalties received by the reporting     
individual1 the spouse of the reporting 
individual1 or a dependent child of the 
reporting individual during the         
reporting period described in subsection
 7d7 or 7e7 of section #acajc1 as       
applicable1 that were received as a     
result of an invention developed by the 
reporting individual in the course of   
employment of the reporting individual  
with the ,united ,states ,government1   
including any royalty interest payment  
made under the ,federal ,technology     
,transfer ,act of #aihf 7,public ,law   
#ii-ejb2 #ajj ,stat4 #aghe71 an         
amendment made by such ,act1 or any     
other applicable authority4  4  7b7     

,review of reports ,section #acajg7;b7  
of title #e1 ,united ,states ,code1 is  
amended-- 7#a7 in paragraph 7#a7-- 7,a7 
in the first sentence1 by inserting and 
shall1 notwithstanding section #ab of   
the ,stevenson-,wydler ,technology ,act 
of #aihj 7#ae ,u4,s4,c4 #cgaj;a7 and    
section #bji of title #ce1 publish such 
report on the internet website of the   
agency1 office1 ,clerk1 or ,secretary of
 the ,senate1 as the case may be after  
to any person requesting such inspection
 or copy2 and  7,b7 in the second       
sentence-- 7i7 by inserting 1           
notwithstanding section #ab of the      
,stevenson-,wydler ,technology ,act of  
#aihj 7#ae ,u4,s4,c4 #cgaj;a7 and       
section #bji of title #ce1 after such   
report shall2 and  7ii7 by inserting and
 published on the internet website of   
the agency1 office1 ,clerk1 or          
,secretary of the ,senate1 as the case  
may be1 after made available for public 
inspection2  7#b7 by striking paragraph 
7#b7 and the matter following paragraph 

7#b72  7#c7 by redesignating paragraph  
7#c7 as paragraph 7#b72 and  7#d7 by    
adding at the end the following3  7#c7  
,procedure for releasing reports to     
,members of ,congress ,notwithstanding  
any other provision of law1 not later   
than #cj days after receiving a request 
from a ,member of ,congress1 any agency 
or supervising ethics office in the     
executive branch shall furnish to the   
,member of ,congress an unredacted copy 
of any report received under this       
subchapter4  4  7c7 ,confidential       
reports and other additional            
requirements ,section #acaji7;a77#b7 of 
title #e1 ,united ,states ,code1 is     
amended-- 7#a7 by striking ,any         
information and inserting the following3
  7,a7 ,in general ,any information  2  
and  7#b7 by adding at the end the      
following3  7,b7 ,special government    
employees  7i7 ,definition ,for the     
purposes of this subparagraph1 the term 
sensitive personal information does not 
include the source or amount or value of

 any royalties received by a reporting  
individual4  7ii7 ,redaction and        
publication ,upon receipt of a          
confidential financial disclosure report
 under this section of submitted by a   
special ,government employee1 as defined
 in section #bjb of title #ah1 the      
recipient supervising ethics office     
shall-- 7,i7 redact any sensitive       
personal information from the           
confidential financial disclosure       
report2 and  7,,ii7 notwithstanding     
section #ab of the ,stevenson-,wydler   
,technology ,act of #aihj 7#ae ,u4,s4,c4
 #cgaj;a7c77 and section #bji of title  
#ce1 publish the redacted confidential  
financial disclosure report on the      
internet website of the agency by which 
the special ,government employee is     
employed not later than #abj days after 
the date on which the recipient         
supervising ethics office receives the  
confidential financial disclosure       
report4  4  #c4 ,general disclosure of  
royalties  7a7 ,definitions ,in this    

section3 7#a7 ,agency ,the term agency  
means an agency within the executive    
branch1 as defined in section #acaja of 
title #e1 ,united ,states ,code4  7#b7  
,applicable person ,the term applicable 
person means any individual or entity   
that applies to-- 7,a7 receive a grant  
from the ,federal ,government2 or  7,b7 
serve as a contractor4  7#c7 ,contractor
 ,the term contractor has the meaning   
given the term in section #gaja of title
 #da1 ,united ,states ,code4  7#d7      
,covered royalty ,the term covered      
royalty means any royalty received by an
 applicable person from any party other 
than the ,federal ,government4  7b7     
,agency requirement ,before receiving   
any ,federal grant or contract1 each    
applicable person shall submit to the   
agency from which the applicable person 
seeks the grant or for which the        
applicable person seeks to serve as a   
contractor1 as applicable1 a report     
disclosing the source and amount or     
value of all covered royalties received 

by the applicable person during the     
#aj-year period preceding the date on   
which the applicable person receives    
such ,federal grant or contract4  7c7   
,procedure for releasing reports to     
,members of ,congress ,notwithstanding  
any other provision of law1 not later   
than #cj days after receiving a request 
from a ,member of ,congress1 an agency  
shall furnish to the ,member of         
,congress an unredacted copy of any     
report submitted under subsection 7b74  
#d4 ,severability ,if any provision of  
this ,act1 an amendment made by this    
,act1 or the application of such        
provision or amendment to any person or 
circumstance is held to be              
unconstitutional1 the remainder of this 
,act and the amendments made by this    
,act1 and the application of the        
provision or the amendment to any other 
person or circumstance1 shall not be    
affected4