Royalty Transparency Act

# Royalty Transparency Act (HR 1863) Summary **What the Bill Does:** The Royalty Transparency Act would require federal employees to disclose any royalties, licensing fees, or other payments they receive from intellectual property (such as books, patents, or creative works). The bill aims to increase transparency around government workers' outside income sources and potential conflicts of interest, particularly for employees in sensitive positions. **Who It Affects and Key Provisions:** The legislation would primarily impact federal employees, requiring them to report royalty payments to their agencies. This disclosure requirement is designed to help Congress and agencies monitor whether government employees have financial interests that could conflict with their official duties.

The bill falls under broader ethics and transparency initiatives meant to prevent corruption and ensure public trust in government. **Current Status:** As of now, HR 1863 is in committee, meaning it has been referred to the appropriate House committee for review and discussion but has not yet advanced to a full House vote. The bill was introduced by Representative H. Morgan Griffith (R-VA) in the 119th Congress.