To amend title 5 of the United States Code to require certain financial disclosures regarding all children of the President and the Vice President, and for other purposes.
About This Bill
Committee
Latest Action · August 4, 2023
Referred to the House Committee on Oversight and Accountability.
The PAINTER Act requires the President and Vice President to disclose financial information about all their adult children, including those who are not claimed as dependents, in their annual financial disclosure forms. Currently, federal disclosure rules only apply to spouses and dependent children, but this bill expands those requirements to include non-dependent adult children over age seventeen. The legislation applies specifically to the nation's top two executive officials and aims to increase transparency regarding potential conflicts of interest involving their extended families. The bill does not provide new funding or establish a specific timeline beyond requiring these expanded disclosures as part of the existing annual financial disclosure process. This change would make the financial activities of presidential and vice-presidential adult children subject to the same public reporting requirements as other family members.
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