[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 716 Considered and Passed Senate (CPS)]
113th CONGRESS
1st Session
S. 716
To modify the requirements under the STOCK Act regarding online access
to certain financial disclosure statements and related forms.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
April 11, 2013
Mr. Reid introduced the following bill; which was read twice,
considered, read the third time, and passed
_______________________________________________________________________
A BILL
To modify the requirements under the STOCK Act regarding online access
to certain financial disclosure statements and related forms.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. MODIFICATIONS OF ONLINE ACCESS TO CERTAIN FINANCIAL
DISCLOSURE STATEMENTS AND RELATED FORMS.
(a) Public, Online Disclosure of Financial Disclosure Forms.--
(1) In general.--Except with respect to financial
disclosure forms filed by officers and employees referred to in
paragraph (2), section 8(a) and section 11(a) of the STOCK Act
(5 U.S.C. App. 105 note) shall not be effective.
(2) Exempted officers and employees.--The officer and
employees referred to in paragraph (1) are the following:
(A) The President.
(B) The Vice President.
(C) Any Member of Congress.
(D) Any candidate for Congress.
(E) Any officer occupying a position listed in
section 5312 or section 5313 of title 5, United States
Code, having been nominated by the President and
confirmed by the Senate to that position.
(3) Conforming amendment.--Section 1 of the Act entitled
``An Act to change the effective date for the internet
publication of certain information to prevent harm to the
national security or endangering the military officers and
civilian employees to whom the publication requirement applies,
and for other purposes'' is repealed.
(b) Electronic Filing and Online Availability.--
(1) For members of congress and candidates.--Section 8(b)
of the STOCK Act (5 U.S.C. App. 105 note) is amended--
(A) in the heading, by striking ``, Officers of the
House and Senate, and Congressional Staff'';
(B) in paragraph (1)--
(i) by striking ``18 months after the date
of enactment of this Act'' and inserting
``January 1, 2014'';
(ii) by amending subparagraph (B) to read
as follows:
``(B) public access to--
``(i) financial disclosure reports filed by
Members of Congress and candidates for
Congress,
``(ii) reports filed by Members of Congress
and candidates for Congress of a transaction
disclosure required by section 103(l) of the
Ethics in Government Act of 1978, and
``(iii) notices of extensions, amendments,
and blind trusts, with respect to financial
disclosure reports described in clauses (i) and
(ii),
pursuant to title I of the Ethics in Government Act of
1978 (5 U.S.C. App. 101 et seq.), through databases
that are maintained on the official websites of the
House of Representatives and the Senate.'';
(C) in paragraph (2)--
(i) by striking the first two sentences;
and
(ii) in the last sentence, by striking
``under this section'' and inserting ``under
paragraph (1)(B)'';
(D) in paragraph (3), by striking ``under this
subsection'' and inserting ``under paragraph (1)(B)'';
(E) in paragraph (4), by inserting ``be able to''
after ``shall''; and
(F) in paragraph (5), by striking ``under this
subsection'' and inserting ``under paragraph (1)(B)''.
(2) For executive branch officials.--Section 11(b) of the
STOCK Act (5 U.S.C. App. 105 note) is amended--
(A) in the heading, by striking ``Employees'' and
inserting ``Officials'' ;
(B) in paragraph (1)--
(i) by striking ``18 months after the date
of enactment of this Act'' and inserting
``January 1, 2014'';
(ii) by amending subparagraph (B) to read
as follows:
``(B) public access to--
``(i) financial disclosure reports filed by
the President, the Vice President, and any
officer occupying a position listed in section
5312 or section 5313 of title 5, United States
Code, having been nominated by the President
and confirmed by the Senate to that position,
``(ii) reports filed by any individual
described in clause (i) of a transaction
disclosure required by section 103(l) of the
Ethics in Government Act of 1978, and
``(iii) notices of extensions, amendments,
and blind trusts, with respect to financial
disclosure reports described in clauses (i) and
(ii),
pursuant to title I of the Ethics in Government Act of
1978 (5 U.S.C. App. 101 et seq.), through databases
that are maintained on the official website of the
Office of Government Ethics.'';
(C) in paragraph (2)--
(i) by striking the first two sentences;
and
(ii) in the last sentence, by striking
``under this section'' and inserting ``under
paragraph (1)(B)'';
(D) in paragraph (3), by striking ``under this
subsection'' and inserting ``under paragraph (1)(B)'';
(E) in paragraph (4), by inserting ``be able to''
after ``shall''; and
(F) in paragraph (5), by striking ``under this
subsection'' and inserting ``under paragraph (1)(B)''.
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