Federal Conflict of Interest Act

[AI summary unavailable — showing source text] Federal Conflict of Interest Act - Prohibits Federal employees and officials who are paid at the rate of GS-16 or above or who are in a position to have a significant impact on special interest enterprises from participating in any policy decision or regulatory action which involves any special interest in which such officer or employee has a substantial economic involvement any time during a period of two years prior to the commencement of the term of office or employment of such officer or employee. Prohibits the participation of such person in any Federal regulatory action or policy decision involving any subject matter concerning which such officer or employee has been involved or participated personally for a period of ten years prior to the commencement of the term of office or employment of such officer or employee. Requires such person to file within 30 days of the commencement of Federal office or employment a statement of such person's former substantial economic involvement with any special interests. Makes such statement available to the public. Makes it the duty of every Federal officer and employee with the proper authority to dismiss any other officer or employee who…