Skip to main content

Search Results: keywords:"royalties reporting"

  • The Royalty Transparency Act requires executive branch employees to report any royalties they receive, especially if related to inventions developed during government employment. It mandates that these financial disclosures be published online and provided unredacted to...

    Simple Explanation

    The Royalty Transparency Act is like a rulebook for people who work for the government, telling them they have to share if they get extra money for inventing things while at their job, and this information will be shared online, so everyone can see. They also want to make sure there are no sneaky deals that could cause problems when the government works with other companies or gives out money for projects.

  • S. 3664, titled the "Royalty Transparency Act," is a legislative bill requiring executive branch employees to disclose royalties they receive from inventions developed during their government employment. It mandates that these disclosures, including those related to...

    Simple Explanation

    This bill, called the "Royalty Transparency Act," wants people who work for the government to tell everyone if they get money from special ideas they created at work, and this information will be shared online. It's like when you invent something cool at school, and you must let the teacher know, so all your friends can see too!

  • S. 3664, titled the “Royalty Transparency Act,” requires executive branch employees in the United States to report any royalties they receive, along with similar information for their spouses and dependent children if applicable. This bill also mandates that such financial...

    Simple Explanation

    The bill wants people working for the government to tell if they get any money for things they create, like songs or inventions, and share this information online, so everyone can see it.