WASHINGTON, D.C. –President Donald Trump signed U.S. Sen. John Kennedy’s (R-La.) Justice Against Corruption on K Street Act (JACK Act), Veterans Small Business Enhancement Act and RBIC Advisers Relief Act into law today.
The JACK Act, S. 2896, requires lobbyists to disclose convictions of bribery, extortion, embezzlement, illegal kickbacks, tax evasion and money laundering.
The bipartisan Veterans Small Business Enhancement Act, S.2679, will help veteran entrepreneurs cut costs and enhance their economic opportunities by giving them access to surplus federal property.
The RBIC Advisors Relief Act, S. 2765, will remove unnecessary compliance costs hampering the ability to create jobs and encourage economic development in rural communities.
“All three of these laws are common sense legislation,” said Sen. Kennedy. “The JACK Act will help drain the swamp of corrupt lobbyists. The Veterans Small Business Enhancement Act will support our veterans and promote the success of their small businesses. We have over 284,000 veterans in Louisiana and this new law will help our veteran entrepreneurs. The RBIC Advisors Relief Act will promote economic opportunity in rural communities across the United States. I am proud to see these bills become law, and I am thankful to my colleagues on both sides of the aisle who helped me pass these bills through Congress.”