281 
(1) IN GENERAL.—An agency may promulgate 
regulations or guidance to ensure compliance with 
this section by the agency and Federal contractors. 
(2) 
COMPLIANCE
BY
FEDERAL
CONTRAC-
TORS.— 
(A) IN
GENERAL.—Compliance with this 
section by an applicable entity shall be included 
as a material term in any contract, agreement, 
or renewal of a contract or agreement between 
the agency and the Federal contractor. 
(B) MODIFICATION
OF
CONTRACT
OR 
AGREEMENT.—Not later than 1 year after the 
date of enactment of this Act, an agency shall 
secure a modification to include compliance 
with this section by a Federal contractor as a 
material term in any contract or agreement de-
scribed under subparagraph (A) that will not 
otherwise be renegotiated, renewed, or modified 
before the date that is 1 year after the date of 
enactment of this Act. 
(e) RULE OF CONSTRUCTION.—Nothing in this sec-
tion shall be construed to limit or reduce the scope of 
State or local open records laws. 
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SEC. 632. PUBLIC DISCLOSURE BY LARGE CONTRACTORS. 
(a) DEFINITION.—In this section, the term ‘‘covered 
contractor’’ means an entity that earns more than— 
(1) $10,000,000 during a 1-year period under 
a Federal contract or license; or 
(2) 20 percent of the total revenue of the entity 
from Federal sources. 
(b) REQUIREMENT.—Each covered contractor shall, 
on an annual basis, submit to the Director of the Office 
of Public Integrity and the Administrator of the Office 
of Federal Procurement Policy— 
(1) any audited financial statements of the cov-
ered contractor; 
(2) a listing of the salaries of employees of the 
covered contractor providing services on Federal 
contracts that are compensated over $100,000 per 
year; 
(3) a detailed list of all Federal political spend-
ing by the covered contractor; and 
(4) the identity of each beneficial owner of the 
covered contractor, including— 
(A) name; 
(B) current residential or business street 
address; and 
(C) whether the beneficial owner is a for-
eign person. 
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(c) PENALTY.—The Director of the Office of Man-
agement and Budget may— 
(1) in consultation with the Administrator of 
the Office of Federal Procurement Policy and the 
Director of the Office of Public Integrity, tempo-
rarily or indefinitely disqualify a covered contractor 
from receiving a Federal contract if the Director of 
the Office of Management and Budget determines 
that the covered contractor failed to comply with the 
requirement under subsection (b); and 
(2) reinstate the ability of a covered contractor 
described in paragraph (1) to receive a Federal con-
tract. 
Subtitle E—Congressional 
Transparency 
SEC. 641. INCREASED TRANSPARENCY OF COMMITTEE 
WORK. 
(a) DEFINITIONS.—In this section— 
(1) the term ‘‘Committee’’ means— 
(A) a committee of the House of Rep-
resentatives; 
(B) a committee of the Senate; and 
(C) a subcommittee of a committee de-
scribed in paragraph (1) or (2); 
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(2) the term ‘‘covered hearing’’ means a public 
hearing held by a Committee; and 
(3) the term ‘‘covered markup’’ means a public 
markup held by a Committee. 
(b) SCHEDULE.—At the same time as the schedule 
is made available to members of a Committee, but not 
later than 7 days before the date of a covered hearing or 
covered markup (unless the Chairman and Ranking Mi-
nority Member of the Committee agree to waive the 7- 
day requirement), each Committee shall make available on 
the website of the Committee the schedule of covered hear-
ings and covered markups of the Committee. 
(c) INFORMATION REQUIRED FOR MARKUPS.—At the 
same time as the materials are made available to members 
of a Committee, but not later than 24 hours before the 
time of a covered markup (unless the Chairman and Rank-
ing Minority Member of the Committee agree to waive the 
24-hour requirement), the Committee shall make available 
on the website of the Committee any bill or resolution to 
be considered at the covered markup and any amendments 
to such a bill or resolution filed with the Committee. 
(d) ADDITIONAL
REQUIRED
INFORMATION.—Not 
later than 24 hours after holding a covered hearing or a 
covered markup, a Committee shall make available on the 
website of the Committee— 
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(1) a description of the topic of the covered 
hearing or covered markup; 
(2) any legislation related to the covered hear-
ing or covered markup; 
(3) the written testimony of any witness; 
(4) any documents or materials entered into the 
record; 
(5) any written opening statements of the 
Chairman or Ranking Minority Member of the Com-
mittee; and 
(6) audio and video recordings of the covered 
hearing or covered markup. 
(e) TRANSCRIPTS.—Not later than 45 days after 
holding a covered hearing or covered markup, a Com-
mittee shall make available on the website of the Com-
mittee transcripts of the covered hearing or covered mark-
up. 
(f) REPORTED MEASURES.—Not later than 24 hours 
after a covered markup during which a Committee orders 
a bill or resolution to be reported, the Committee shall 
post on the website of the Committee— 
(1) each amendment to the bill or resolution 
that was agreed to, except for technical and con-
forming changes authorized by the Committee; and 
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(2) a record of each vote taken on the bill or 
resolution or an amendment thereto. 
(g) COMPARATIVE PRINT.— 
(1) IN GENERAL.—Not later than 45 days after 
a Committee reports a bill or joint resolution pro-
posing to repeal or amend a statute or part thereof, 
the Committee shall include in its report or in an ac-
companying document and make available on the 
website of the Committee— 
(A) the entire text of each section of a 
statute that is proposed to be repealed or 
amended; and 
(B) a comparative print of each amend-
ment to a section of a statute that the bill or 
joint resolution proposes to make, showing by 
appropriate typographical devices the omissions 
and insertions proposed. 
(2) COMMITTEE
AMENDMENTS.—If a Com-
mittee reports a bill or joint resolution proposing to 
repeal or amend a statute or part thereof with a rec-
ommendation that the bill or joint resolution be 
amended, the comparative print required by para-
graph (1) shall reflect the changes in existing law 
proposed to be made by the bill or joint resolution 
as proposed to be amended. 
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