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Royalty Transparency Act

Bill Number
S. 855
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Government Operations and Politics
Status
Introduced
Latest Action
2025-09-17: Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
Last Updated
2025-12-05T21:31:58Z

AI-Generated Summary

Purpose of the Legislation

The Royalty Transparency Act (S. 855) aims to promote transparency and prevent conflicts of interest by requiring executive branch employees, particularly those in scientific and public health advisory roles, to disclose royalties they receive from inventions developed during their government work. This ensures public accountability while maintaining protections for sensitive information.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Paul, Rand [R-KY]

Cosponsors (1)

Sen. Scott, Rick [R-FL]

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