Prohibition against serving as Federal contractors by former Members

(a) In general Notwithstanding any other provision of law, a Member of Congress may not accept compensation as a Federal contractor for the 10-year period that begins on the date that the Member leaves office. (b) Definitions In this section— (1) the term Federal contractor has the meaning given that term under section 115.1 of title 11, Code of Federal Regulations, or any successor thereto; and (2) the term Member of Congress means any Senator or Representative in, or Delegate or Resident Commissioner to, the Congress. (c) Effective date This section shall apply with respect to Members of Congress who leave office on or after the date of the enactment of this Act.