Congressional Foreign Entanglement Disclosure and Reduction Act
This bill expands financial disclosure reporting provisions to require Members of Congress to include in their report any business ties the Member or his or her immediate family has with a foreign entity.
To amend the Ethics in Government Act of 1978 to require Members of 
Congress to disclose business ties with foreign entities, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Congressional Foreign Entanglement 
Disclosure and Reduction Act''.

SEC. 2. DISCLOSURE BY MEMBERS OF CONGRESS OF BUSINESS TIES WITH FOREIGN 
              ENTITIES.

    (a) In General.--Section 102 of the Ethics in Government Act of 
1978 (5 U.S.C. App. 102) is amended by adding at the end the following:
    ``(j) Any report filed pursuant to section 101(d) by a Member of 
Congress shall include the disclosure of any business ties the Member 
or any member of the Member's immediate family has (if any) with a 
foreign entity. If a Member of Congress makes an affirmative disclosure 
of any such ties, the Member shall include information detailing the 
nature of the business tie and foreign entity.''.
    (b) Application.--The amendment made by subsection (a) shall apply 
to any report filed pursuant to section 101(d) of the Ethics in 
Government Act of 1978 (5 U.S.C. App. 101(d)) after the date of 
enactment of this Act.
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Congressional Foreign Entanglement Disclosure and Reduction Act
To amend the Ethics in Government Act of 1978 to require Members of Congress to disclose business ties with foreign entities, and for other purposes.
Congressional Foreign Entanglement Disclosure and Reduction Act
Rep. Posey, Bill