H. R. 1321 aims to expand financial disclosure requirements to certain special government employees. These employees, who may own or run companies that have contracts with the federal government, must follow the same financial disclosure rules as other government officials....
Simple Explanation
H.R. 1321 is a rule that says certain special helpers for the government must tell about their money and business ties before they can start working on government tasks, to make sure they are being honest and fair.