This legislation, known as the "MARALAGO Act," seeks to prevent a President or former President from personally profiting from the Secret Service's protection at their private residences. It explicitly prohibits the Director of the United States Secret Service from using federal funds to purchase, rent, lease, or otherwise reimburse a President or any entity owned or controlled by them for expenses such as lodging, meals, or office space. These restrictions apply specifically to costs incurred while the Secret Service is protecting the President or former President at their personal residence. However, the bill also includes a provision that permits a President or an entity they own or control to gift these same services or items to the Secret Service, ensuring protection can still be provided without financial transaction.