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119-hr-1863119th CongressWALLET

Royalty Transparency Act

Sponsored By: Representative Griffith, H. Morgan [R-VA-9]

Introduced

Summary

Royalty transparency is the central goal. This bill would force clearer disclosure of royalty payments tied to executive branch officials and advisory committee members and tighten procurement checks to limit conflicts of interest.

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  • Advisory committee members and certain executive officials would face expanded financial disclosure rules. The bill adds many science and public health advisory panels, including the National Science Advisory Board for Biosecurity, the Advisory Committee on Immunization Practices, and the President's Council of Advisors on Science and Technology.
  • Agencies would have to publish annually the names of covered individuals and the original source and value of any reported royalties. It would also change agency review and redaction procedures and give Members of Congress a 30 day window to request unredacted reports.
  • The Office of Management and Budget and the Federal Acquisition Regulatory Council would update procurement rules so royalty payments to prospective contractors or grantees from the prior year factor into conflict reviews. Agencies must report yearly the number of identified conflict cases and steps taken to mitigate them, including reports to intelligence oversight bodies.
  • The bill adds requirements to notify congressional committees when waivers under Title 5 or Title 18 are granted and to provide a detailed justification for those waivers.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

Royalty checks for federal bidders

This bill would direct the Federal Acquisition Regulatory Council and OMB to update rules so agencies include royalty payments paid to prospective contractors or grantees in the prior calendar year when doing organizational conflict-of-interest reviews. Agencies would add royalty checks to procurement and grant conflict reviews.

Royalty disclosure for federal officials

If enacted, agencies would have to publish the names of federal filers who report royalties and list the original source and amount or value of those royalties. Agencies would post financial disclosure reports online and must give any Member of Congress an unredacted copy within 30 days of request, with narrow personal-data redactions. The bill would require advisors on multiple health, science, and defense committees to file these disclosures and force agencies to send annual confidential-disclosure reports to specific oversight committees (first due within 60 days). GAO would publish a list of public-health advisory committees within 180 days and yearly, but that GAO authority would end five years after enactment. The bill would also require immediate congressional notice and a written justification whenever certain conflict-of-interest waivers are granted.

Sponsors & CoSponsors

Sponsor

Griffith, H. Morgan [R-VA-9]

VA • R

Cosponsors

  • Rep. Malliotakis, Nicole [R-NY-11]

    NY • R

    Sponsored 9/30/2025

Roll Call Votes

No roll call votes available for this bill.

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