Bill · H.R. 6831· House(119-HR-6831)
Stop Padding Presidential Pockets Act
- Introduced
- 12/17/2025
- Last activity
- 12/17/2025 — Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Bonnie Watson Coleman
- Cosponsors
- - 4 - 0
- Introduced
- In Committee
What this bill would do
The "Stop Padding Presidential Pockets Act" introduces several restrictions on the President and their associates. It requires reimbursement to the Treasury for costs related to Secret Service protection and other government travel expenses if the travel furthers the President's business interests. The bill also amends the Federal Tort Claims Act to exclude claims brought by the President or Vice President. Additionally, it limits the solicitation of donations for presidential libraries and requires annual reporting on such activities. Finally, the act prohibits the President from participating in business operations and mandates specific reporting or taxation for such actions.
Yes
Does this make what the government does easier for the public to see?+6
The bill mandates annual reports for presidential library interactions and financial activities of associated private entities.
Does this raise the taxes companies pay?+5
The bill imposes a 100 percent tax on income earned by a President who operates or serves on a board of a business.
Does this reduce what the federal government spends?+4
The bill requires reimbursement to the Treasury for Secret Service and other government costs associated with presidential business travel.
The opposite
Does this protect the right to fair treatment by the courts?-5
The bill amends the Federal Tort Claims Act to exclude claims brought by the President or Vice President.
Who it would affect, and how
Potential Positive Impacts for People
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Reimbursement of Travel Costs: If a person protected by the Secret Service travels for the President's business interests, they must reimburse the amount spent on protection and other government costs to the Treasury (Section 2). This could ensure the government is compensated for expenses tied to private business interests.
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Transparency in Library Fundraising: Individuals may not solicit donations for a presidential library while the President is in office, and they must submit annual reports regarding interactions related to libraries (Section 4(a)). This creates a requirement for oversight regarding these institutions.
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Financial Oversight of Private Entities: Private entities that lobby for or administer a presidential library must submit annual reports to the Archivist of the United States regarding financial activities (Section 4(b)). This provides a mechanism for tracking the financial activities of these entities.
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Restrictions on Business Involvement: The President is prohibited from creating, operating, or serving on the board of any business while in office (Section 5). This limits the President's direct involvement in business operations.
Potential Negative Impacts for People
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Financial Burden on Family Members: If an immediate family member engages in business conduct similar to what is prohibited for the President, they must submit quarterly reports to Congress and publish a certification that their conduct does not benefit the President (Section 5).
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Penalties for Reporting Failures: Any person who fails to submit the required reports regarding presidential libraries or museums will be fined $1,000 for each day the report is missing (Section 4(c)).
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Taxation of Business Income: If a President creates, operates, or serves on a board of directors for a business despite the prohibition, any income earned from those activities would be subject to a 100 percent tax (Section 5).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Increases Corporate Taxes+5Reduces Government Spending+4
- Governance And Ideology
- Improves Government Transparency+6Improves Due Process-5
- 3/19/2026
- 1 Cosponsor added.
- 12/19/2025
- 1 Cosponsor added.
- 12/17/2025
- Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2 Cosponsors added.
- Introduced in House
Wesley BellDemocrat · Missouri
Greg LandsmanDemocrat · Ohio
LaMonica McIverDemocrat · New Jersey
Rashida TlaibDemocrat · Michigan