[Congressional Record Volume 158, Number 131 (Friday, September 28, 2012)]
[House]
[Pages H6285-H6286]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  CHANGING THE EFFECTIVE DATE FOR THE INTERNET PUBLICATION OF CERTAIN 
                              INFORMATION

  Mr. LEWIS of California. Mr. Speaker, I ask unanimous consent to take 
from the Speaker's table the bill (S. 3625) 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, and ask for its immediate consideration in the House.
  The Clerk read the title of the bill.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from California?
  There was no objection.
  The text of the bill is as follows:

                                S. 3625

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. CHANGED EFFECTIVE DATE FOR FINANCIAL DISCLOSURE 
                   FORMS OF CERTAIN OFFICERS AND EMPLOYEES.

       (a) In General.--Except with respect to financial 
     disclosure forms filed by officers and employees referred to 
     in subsection (b), section 8(a)(1) and section 11(a)(1) of 
     the STOCK Act (5 U.S.C. App. 105 note) shall take effect on 
     December 8, 2012.
       (b) Financial Disclosure Forms Not Subject to New Effective 
     Date.--Financial disclosure forms filed by the following 
     individuals shall not be subject to the effective date under 
     this section:
       (1) The President.
       (2) The Vice President.

[[Page H6286]]

       (3) Any Member of Congress.
       (4) Any candidate for Congress.
       (5) 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.

     SEC. 2. STUDY AND REPORT.

       (a) In General.--Not later than 30 days after the date of 
     enactment of this Act, the Director of the Office of 
     Personnel Management shall contract with the National Academy 
     of Public Administration (referred to in this section as the 
     ``National Academy'') to--
       (1) conduct a study of issues raised by website publication 
     of financial disclosure forms as is required under the STOCK 
     Act (Public Law 112-105; 126 Stat. 291); and
       (2) issue a report containing findings and recommendations.
       (b) Scope of Study.--The study conducted under subsection 
     (a)(1) shall--
       (1) examine the nature, scope, and degree of risk, 
     including risk of harm to national security, law enforcement, 
     or other Federal missions and risk of endangerment, including 
     to personal safety and security, financial security (such as 
     through identity theft), and privacy, of officers and 
     employees and their family members, that may be posed by 
     website and other publication of financial disclosure forms 
     and associated personal information;
       (2) examine any harm that may have arisen from the current 
     online availability of financial disclosure forms and 
     associated personal information of employees of the 
     legislative branch, including any harm to national security, 
     law enforcement, or other Federal missions and any 
     endangerment that may have occurred, including to personal 
     safety and security, financial security (such as through 
     identity theft), and privacy, of such legislative branch 
     officers and employees or their family members; and
       (3) include any other analysis that the National Academy 
     believes is necessary or desirable on the topic of the study.
       (c) Report.--Not later than 6 months after the date of 
     enactment of this Act, the National Academy shall submit to 
     Congress and the President a report that contains--
       (1) the findings of the study conducted under subsection 
     (a)(1);
       (2) recommendations for ways to avoid or mitigate the risks 
     identified in the study conducted under subsection (a)(1), 
     consistent with the goal of providing appropriate public 
     disclosure of potential conflicts of interest or instances of 
     insider trading by Federal officers or employees; and
       (3) any other recommendations that the National Academy 
     believes are necessary or desirable.

     SEC. 3. PERIODIC TRANSACTION REPORTS FOR TRANSACTIONS OF 
                   SPOUSES AND CHILDREN.

       (a) In General.--
       (1) Date reporting requirement commences in house of 
     representatives and executive branch.--Section 2 of the Act 
     entitled ``An Act to prevent harm to the national security or 
     endangering the military officers and civilian employees to 
     whom internet publication of certain information applies, and 
     for other purposes'', approved August 16, 2012 (5 U.S.C. App. 
     103 note), is amended by striking ``September 30, 2012'' and 
     inserting ``January 1, 2013''.
       (2) Extension to executive branch.--Section 2 of the Act 
     entitled ``An Act to prevent harm to the national security or 
     endangering the military officers and civilian employees to 
     whom internet publication of certain information applies, and 
     for other purposes'', approved August 16, 2012 (5 U.S.C. App. 
     103 note), is amended by striking ``for reporting 
     individuals'' and all that follows through ``House of 
     Representatives''.
       (3) Technical and conforming amendment.--Section 2 of the 
     Act entitled ``An Act to prevent harm to the national 
     security or endangering the military officers and civilian 
     employees to whom internet publication of certain information 
     applies, and for other purposes'', approved August 16, 2012 
     (5 U.S.C. App. 103 note), is amended by striking ``such 
     section 101'' and inserting ``section 101 of such Act (5 
     U.S.C. App. 101)''.
       (b) Effective Date; Rule of Construction.--
       (1) Effective date.--The amendments made by subsection (a) 
     shall take effect on January 1, 2013.
       (2) Rule of construction.--Before January 1, 2013, the 
     amendments made by subsection (a) shall not affect the 
     applicability of section 2 of the Act entitled ``An Act to 
     prevent harm to the national security or endangering the 
     military officers and civilian employees to whom internet 
     publication of certain information applies, and for other 
     purposes'', approved August 16, 2012 (5 U.S.C. App. 103 
     note), as in effect on the day before the effective date 
     under paragraph (1).
       (c) Savings Clause.--Nothing in the amendments made by 
     subsection (a) shall be construed as affecting any 
     requirement with respect to the House of Representatives or 
     the executive branch in effect before January 1, 2013, with 
     respect to the inclusion of transaction information for a 
     report under section 103(l) of the Ethics in Government Act 
     of 1978 (5 U.S.C. App. 103(l)).
       (d) No Change to Existing Senate Requirements.--Nothing in 
     this section or the amendments made this section shall be 
     construed as affecting the requirement that took effect with 
     respect to the Senate on July 3, 2012, which mandates the 
     inclusion of transaction information for spouses and 
     dependent children for a report under section 103(l) of the 
     Ethics in Government Act of 1978 (5 U.S.C. App. 103(l)).

  The bill was ordered to be read a third time, was read the third 
time, and passed, and a motion to reconsider was laid on the table.

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