No Federal Payments to Companies Controlled by Special Government Employees Act of 2025

This bill prohibits federal agencies from awarding contracts, grants, or related payments to companies where any owner holding 5% or more of the company's equity was a "special government employee" (a current or recent federal employee in a specific role) on or after January 1, 2025. It directly affects companies with significant ownership ties to federal employees, requiring such owners to cease their government employment before any federal payment can be made. The law uses existing SEC definitions for "beneficial owner" (5%+ equity stake) and "special government employee" (per 18 U.S.C. §202(a)). The prohibition applies to all federal payments related to contracts, grants, or cooperative agreements made after the effective date.