Senator Rick Scott introduces S. 5684: No Cash for Incompetent and Malicious Contractors Act

We have received text from S. 5684: No Cash for Incompetent and Malicious Contractors Act. This bill was received on 2026-10-15, and currently has no cosponsors.

Here is a short summary of the bill:

This bill would require federal agencies to bar certain contractors from doing business with the federal government if they, or their employees, improperly disclose a client’s personal information.

What triggers debarment

If a contractor, or one of its employees, is convicted in criminal court or found liable in a civil judgment for non-consensual disclosure of a client’s personally identifiable information, the agency must debar the contractor from future federal contracts.

The bill specifically covers disclosure of:

• Social Security numbers
• Tax return information
• Individually identifiable health information
• Trade secrets

How long the contractor could be barred

The debarment would last at least 1 year and up to 5 years, depending on how serious the conduct was.

Suspension while a case is pending

If a contractor, or one of its employees, is charged with a criminal offense involving improper disclosure of that kind of information, the agency must suspend the contractor from federal contracting while the matter is investigated. The length and procedure for the suspension would follow existing Federal Acquisition Regulation rules.

How the process would work

The bill says the debarment and suspension procedures must follow the standard federal procurement rules already used for these actions.

Relevant Companies

None found

Senator Rick Scott Bill Proposals

Here are some bills which have recently been proposed by Senator Rick Scott:

• S.5684: No Cash for Incompetent and Malicious Contractors Act
• S.5682: A bill to amend the Foreign Agents Registration Act of 1938, as amended to clarify that foreign government-owned media operating in the United States must register as a foreign agent.
• S.5654: Protecting Florida's Offshore Military Readiness Act
• S.5643: Protecting U.S. Investors From Chinese Military Companies Act
• S.5642: Know Your Sanctioned Securities Act
• S.5547: SCREEN Act of 2026

You can track bills proposed by Senator Rick Scott on Investivoq's politician page for Scott.

Senator Rick Scott Net Worth

Investivoq estimates that Senator Rick Scott is worth $509.4M, as of October 17th, 2026. This is the 3rd highest net worth in Congress, per our live estimates.

Scott has approximately $57.5M invested in publicly traded assets which Investivoq is able to track live.

You can track Senator Rick Scott's net worth on Investivoq's politician page for Scott.

Senator Rick Scott Stock Trading

We have data on up to $381.6M of trades from Senator Rick Scott, which we parsed from STOCK Act filings. Some of the largest trades include:

• A August 15th, 2023 sale of up to $5M of $WTT.
• A December 20th, 2023 sale of up to $15K of $VAXX. The stock has fallen 99.99% since then.

You can track Senator Rick Scott's stock trading on Investivoq's politician page for Scott.

2030 Florida US Senate Election

There has been approximately $88,706,244 of spending in Florida US Senate elections over the last two years, per our estimates.

Approximately $27,129,776 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

• STRONGER SAFER NATION ($9,313,867)
• PROJECT RESCUE AMERICA ($8,941,210)
• NEW DEAL FOR ALL, INC. ($3,096,631)
• AB PAC ($2,504,647)
• WINSENATE ($1,090,000)

The rating for this race is currently "Solid R".

You can track this election on our matchup page for the 2030 Florida US Senate election.

This article is not financial advice. See Investivoq's disclaimers for more information.