Sec. 1. Short title; table of contents. 
Sec. 2. Approval process for employment and compensation. 
Sec. 3. Prohibition on members of the Armed Forces negotiating employment 
with foreign governments while on active duty. 
Sec. 4. 30-month prohibition on retired members of the Armed Forces eligible 
for access to classified information seeking approval for em-
ployment by foreign governments. 
Sec. 5. Notification of obligations. 
Sec. 6. Post-retirement employment reporting. 
Sec. 7. Penalties. 
Sec. 8. Guidance. 
Sec. 9. Public reporting. 
Sec. 10. Database of employment approvals. 
Sec. 11. Definitions. 
Sec. 12. Comptroller General of the United States review. 
Sec. 13. Effective date; applicability. 
SEC. 2. APPROVAL PROCESS FOR EMPLOYMENT AND COM-
PENSATION. 
Section 908 of title 37, United States Code, is 
amended— 
(1) in subsection (a)— 
(A) by redesignating paragraphs (1), (2), 
and (3) as subparagraphs (A), (B), and (C), re-
spectively, and by moving such subparagraphs, 
as so redesignated, 2 ems to the right; 
(B) by striking ‘‘Subject to’’ and inserting 
the following: 
‘‘(1) IN GENERAL.—Subject to’’; 
(C) in subparagraph (C), as redesignated, 
by striking ‘‘Commissioned Reserve Corps’’ and 
inserting ‘‘Ready Reserve Corps’’; and 
(D) by adding at the end the following new 
paragraph: 
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‘‘(2) APPLICATION TO PRIVATE ENTITIES.—The 
acceptance by a person described in paragraph (1) 
of employment (and compensation related to that 
employment) or payments or awards indirectly from 
a foreign government through a private entity shall 
be subject to the provisions of this section to the 
same extent and in the same manner as such provi-
sions apply to employment (and compensation re-
lated to that employment) and payments and awards 
described in paragraph (1).’’; 
(2) in subsection (b)— 
(A) by inserting ‘‘(1)’’ before ‘‘A person’’; 
and 
(B) by adding at the end the following new 
paragraph: 
‘‘(2) Before approving under paragraph (1) the em-
ployment of a person described in subsection (a), the Sec-
retary concerned and the Secretary of State shall— 
‘‘(A) review the offer of employment, including 
the full text of the contract or other agreement and 
any annexes or statements of work; and 
‘‘(B) determine that the employment will not 
harm the national security of the United States, in-
cluding with respect to complying with requirements 
under the International Traffic in Arms Regulations 
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under subchapter M of chapter I of title 22, Code 
of Federal Regulations.’’; 
(3) by redesignating subsections (d) and (e) as 
subsections (k) and (m), respectively; and 
(4) by inserting after subsection (c) the fol-
lowing new subsection (d): 
‘‘(d) TERMS OF APPROVAL.—An approval provided to 
a person described in subsection (a) for employment or 
compensation under subsection (b) or for a payment or 
award under subsection (c) shall cease to be effective if 
the person— 
‘‘(1) fails to notify the Secretary concerned in 
writing of any material change in the nature of the 
employment or payment or award not later than 30 
days after the change is made; or 
‘‘(2) provides inaccurate or incomplete informa-
tion in a written notification submitted under para-
graph (1).’’. 
SEC. 3. PROHIBITION ON MEMBERS OF THE ARMED 
FORCES NEGOTIATING EMPLOYMENT WITH 
FOREIGN GOVERNMENTS WHILE ON ACTIVE 
DUTY. 
Section 908 of title 37, United States Code, as 
amended by section 2, is further amended by inserting 
after subsection (d) the following new subsection: 
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‘‘(e) PROHIBITION ON NEGOTIATION OF EMPLOY-
MENT BY FOREIGN GOVERNMENTS WHILE ON ACTIVE 
DUTY.—A member of the armed forces is prohibited from 
negotiating or having in effect an agreement for future 
employment or compensation, or payment or award, de-
scribed in subsection (a) while serving on active duty.’’. 
SEC. 4. 30-MONTH PROHIBITION ON RETIRED MEMBERS OF 
THE ARMED FORCES ELIGIBLE FOR ACCESS 
TO CLASSIFIED INFORMATION SEEKING AP-
PROVAL FOR EMPLOYMENT BY FOREIGN 
GOVERNMENTS. 
Section 908 of title 37, United States Code, as 
amended by section 3, is further amended by inserting 
after subsection (e) the following new subsection: 
‘‘(f) PROHIBITION
FOR
RETIRED
MEMBERS
OF 
ARMED FORCES ELIGIBLE FOR ACCESS TO CLASSIFIED 
INFORMATION.— 
‘‘(1) IN
GENERAL.—Except as provided by 
paragraph (2), a retired member of the armed forces 
who is eligible for access to classified information is 
prohibited from seeking approval under subsection 
(b) for employment or compensation described in 
subsection (a) during the 30-month period beginning 
on the date on which the person retires from the 
armed forces. 
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‘‘(2) 
EXCEPTION
FOR
ALLIED
GOVERN-
MENTS.—A person described in paragraph (1) may 
accept employment or compensation from the gov-
ernment of the United Kingdom, Canada, Australia, 
or New Zealand if the Secretary concerned and Sec-
retary of State approve the employment as provided 
by subsection (b).’’. 
SEC. 5. NOTIFICATION OF OBLIGATIONS. 
Section 908 of title 37, United States Code, as 
amended by section 4, is further amended by inserting 
after subsection (f) the following new subsection: 
‘‘(g) NOTIFICATION
OF OBLIGATIONS.—The Sec-
retary concerned shall ensure that each person described 
in subsection (a)— 
‘‘(1) is notified of the obligations of the person 
under this section; and 
‘‘(2) certifies to the Secretary that the person 
understands such obligations.’’. 
SEC. 6. POST-RETIREMENT EMPLOYMENT REPORTING. 
Section 908 of title 37, United States Code, as 
amended by section 5, is further amended by inserting 
after subsection (g) the following new subsection: 
‘‘(h) POST-RETIREMENT
EMPLOYMENT
REPORT-
ING.— 
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‘‘(1) IN GENERAL.—During the 5-year period 
beginning on the date on which a member of the 
armed forces retires, that member shall— 
‘‘(A) report employment described in sub-
section (a) to the Secretary concerned upon ac-
cepting such employment; and 
‘‘(B) annually (or more frequently if the 
Secretary concerned considers it appropriate) 
report such employment to the Secretary con-
cerned. 
‘‘(2) REGULATIONS.—The Under Secretary of 
Defense for Personnel and Readiness, in consulta-
tion with the Department of Defense Standards of 
Conduct Office and the Secretaries of the military 
departments, shall issue regulations requiring, as a 
condition of service, each member of the armed 
forces to sign a written agreement requiring the reg-
ular reporting of employment described in subsection 
(a) to the Secretary concerned under paragraph 
(1).’’. 
SEC. 7. PENALTIES. 
Section 908 of title 37, United States Code, as 
amended by section 6, is further amended by inserting 
after subsection (h) the following new subsection: 
‘‘(i) CIVIL PENALTIES.— 
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‘‘(iii) serving on a Federal advisory 
committee or in any other advisory capac-
ity to the Federal Government; and 
‘‘(C) not be eligible for access to classified 
information. 
‘‘(3) APPEAL.— 
‘‘(A) IN GENERAL.—A person assessed a 
penalty under paragraph (1) for a violation of 
subsection (b), (c), (e), (f), or (h) may appeal 
the penalty to the President. 
‘‘(B) DETERMINATIONS
ON
APPEAL.—A 
determination by the President to rescind or 
waive part or all of a penalty for a violation of 
subsection (b), (c), (e), (f), or (h) shall be made 
in writing, submitted to Congress, and made 
publicly available by the President through pub-
lication in the Federal Register. 
‘‘(4) SAVINGS PROVISION.—The imposition of a 
penalty under this subsection does not preclude the 
application of any other criminal or civil statutory, 
common law, or administrative remedy that is avail-
able by law to the United States or any other per-
son.’’. 
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SEC. 8. GUIDANCE. 
Section 908 of title 37, United States Code, as 
amended by section 7, is further amended by inserting 
after subsection (i) the following new subsection: 
‘‘(j) GUIDANCE.—Not later than 120 days after the 
enactment of the Retired Officers Conflict of Interest Act 
of 2024, the Secretary of Defense and the Secretary of 
State shall issue and make available to the public guidance 
with respect to complying with this section.’’. 
SEC. 9. PUBLIC REPORTING. 
Subsection (k) of section 908 of title 37, United 
States Code, as redesignated by section 2(2), is further 
amended— 
(1) in paragraph (2), by adding at the end the 
following new subparagraph: 
‘‘(D) The value of any travel, meals, lodging, or 
registration fees provided by the foreign government 
in connection with the employment or compensation 
or payment or award.’’; and 
(2) by adding at the end the following new 
paragraph: 
‘‘(3) Each report required by paragraph (1), and all 
of the contents of the report, without redaction, shall be 
made available by the Secretary of Defense on a publicly 
accessible internet website not later than 60 days after 
the report is submitted under paragraph (1).’’. 
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SEC. 10. DATABASE OF EMPLOYMENT APPROVALS. 
Section 908 of title 37, United States Code, is 
amended by inserting after subsection (k), as redesignated 
by section 2(2), the following new subsection: 
‘‘(l) DATABASE OF EMPLOYMENT APPROVALS.— 
‘‘(1) ESTABLISHMENT.—Not later than 1 year 
after the date of the enactment of the Retired Offi-
cers Conflict of Interest Act of 2024, the Secretary 
of Defense shall establish and maintain an online 
portal accessible by the public that allows a member 
of the public, at no cost to the member, to search, 
sort, and download information on approvals of em-
ployment provided under subsection (b). 
‘‘(2) ELEMENTS.—The portal required by para-
graph (1) shall be designed to provide a member of 
the public with the ability to retrieve information on 
an approval of employment provided under sub-
section (b) to a person described in subsection (a) 
through searches based on each, and any combina-
tion, of the following: 
‘‘(A) The name of the person. 
‘‘(B) The armed force of the person. 
‘‘(C) The position the person held or holds 
in the armed forces, including rank, and in any 
other former employing Federal office. 
‘‘(D) The foreign government involved. 
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‘‘(E) The amount of compensation ex-
pected or provided for the employment. 
‘‘(F) The details of the person’s applica-
tion for approval of the employment. 
‘‘(G) In the case of a retired member of 
the armed forces, the nature of the activities of 
the member since retirement. 
‘‘(H) Other information relating to the em-
ployment. 
‘‘(I) Except as provided by paragraph (3), 
any other information the Director considers 
relevant. 
‘‘(3) INFORMATION PROHIBITED FROM DISCLO-
SURE.—The portal required by paragraph (1) may 
not include an individual’s date of birth, social secu-
rity number, home address, phone number, or any 
other personal identifier other than those specifically 
required to be included under paragraph (2). 
‘‘(4) AVAILABILITY OF INFORMATION.—The Di-
rector shall design the portal required by paragraph 
(1) so that the contents of the portal may be 
downloaded in bulk and retrieved by an application 
programming interface. 
‘‘(5) DURATION OF RETENTION OF INFORMA-
TION.—The portal required by paragraph (1) shall 
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retain information with respect to an approval of 
employment provided under subsection (b) for not 
less than 10 years after the expiration or other ter-
mination of the approval. 
‘‘(6) UPDATES REQUIRED.—The portal required 
by paragraph (1) and the application programming 
interface referred to in paragraph (4) shall be en-
hanced and updated as necessary to carry out the 
purposes of this section.’’. 
SEC. 11. DEFINITIONS. 
Section 908 of title 37, United States Code, is 
amended by inserting after subsection (m), as redesig-
nated by section 2(2), the following new subsection: 
‘‘(n) DEFINITIONS.—In this section: 
‘‘(1) CLASSIFIED
INFORMATION.—The term 
‘classified information’ means any information or 
material that has been determined by the United 
States Government pursuant to an Executive order, 
statute, or regulation, to require protection against 
unauthorized disclosure for reasons of national secu-
rity. 
‘‘(2) ELIGIBLE FOR ACCESS TO CLASSIFIED IN-
FORMATION.—The term ‘eligible for access to classi-
fied information’ has the meaning given that term in 
the procedures established pursuant to section 
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