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Search Results: keywords:"royalty transparency act"

  • 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!

  • H.R. 7853, the “Royalty Transparency Act,” requires executive branch employees to report royalties they receive, particularly those relating to inventions made during their government work. The bill aims to increase transparency by having government agencies publish reports on royalties...

    Simple Explanation

    The Royalty Transparency Act wants to make sure workers for the U.S. government tell everyone about money they get from inventions made while at work, to help everyone know what's happening and avoid any secret deals.

  • 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.