,i #aac? ,,congress #b;d ,session ,h4 ,r4 #eebe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ah1 #bjad ,ms4 ,slaught] 7= h]self1 ,mr4 ,duncan ( ,t5nessee1 & ,mr4 ,walz7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to am5d ! ,lobby+ ,disclosure ,act ( #aiie to require ! disclosure ( political intellig5ce activities1 to am5d title #ah1 ,unit$ ,/ates ,code1 to provide = re/rictions on =m] (fic]s1 employees1 & elect$ (ficials ( ! executive & legislative bran*es reg>d+ political intellig5ce contacts1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,political ,intellig5ce ,transp>5cy ,act ( #bjad4 #b4 ,disclosure ( political intellig5ce activities "u lobby+ disclosure act 7a7 ,def9itions ,section #c ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjb7 is am5d$-- 7#a7 9 p>agraph 7#b7-- 7,a7 by ins]t+ aft] lobby+ activities ea* place t t]m appe>s ! foll[+3 or political intellig5ce activities2 & 7,b7 by ins]t+ aft] lobbyi/s ! foll[+3 or political intellig5ce consultants2 & 7#b7 by add+ at ! end ! foll[+ new p>agraphs3 7#ag7 ,political intellig5ce activities ,! t]m political intellig5ce activities means political intellig5ce contacts & ef=ts 9 support ( su* contacts1 includ+ prep>ation & plann+ activities1 rese>*1 & o!r backgr\nd "w t is int5d$1 at ! "t x is p]=m$1 = use 9 contacts1 & coord9ation ) su* contacts & ef=ts ( o!rs4 7#ah7 ,political intellig5ce contact 7,a7 ,def9ition ,! t]m political intellig5ce contact means any oral or writt5 communication 7includ+ an electronic communication7 to a cov]$ executive bran* (ficial or a cov]$ legislative bran* (ficial1 ! in=mation d]iv$ f :i* is = use 9 analyz+ ! m>kets = securities1 commodities = future deliv]y1 swaps1 or security-bas$ swaps1 or 9 in=m+ inve/m5t decisions 9 any su* m>ket1 & :i* is made on behalf ( a cli5t ) reg>d to-- 7i7 ! =mulation1 modification1 or adoption ( ,f$]al legislation 7includ+ legislative proposals72 7ii7 ! =mulation1 modification1 or adoption ( a ,f$]al rule1 regulation1 ,executive ord]1 or any o!r program1 policy1 or position ( ! ,unit$ ,/ates ,gov]nm5t2 7iii7 ! adm9i/ration or execution ( a ,f$]al program or policy 7includ+ ! negotiation1 aw>d1 or adm9i/ration ( a ,f$]al contract1 grant1 loan1 p]mit1 or lic5se72 or 7iv7 ! nom9ation or confirmation ( a p]son = a position subject to confirmation by ! ,s5ate4 7,b7 ,exception ,! t]m political intellig5ce contact does n include a communication t is-- 7i7 made by a repres5tative ( a m$ia organization 7z su* t]m is def9$ 9 ?is subsection7 if ! purpose ( ! communication is ga!r+ & dissem9at+ news & in=mation to ! public2 7ii7 made 9 a spee*1 article1 publication or o!r mat]ial t is di/ribut$ & made available to ! public1 or ?r\gh radio1 television1 cable television1 or o!r m$ium ( mass communication2 7iii7 made on behalf ( a gov]nm5t ( a =eign c\ntry or a =eign political p>ty & disclos$ "u ! ,=eign ,ag5ts ,regi/ration ,act ( #aich 7#bb ,u4,s4,c4 #faa et seq472 7iv7 a reque/ = a meet+1 a reque/ = ! /atus ( an action1 or any o!r simil> adm9i/rative reque/1 if ! reque/ does n include an attempt to influ5ce a cov]$ executive bran* (ficial or a cov]$ legislative bran* (ficial2 7v7 made 9 ! c\rse ( p>ticipation 9 an advisory committee subject to ! ,f$]al ,advisory ,committee ,act2 7vi7 te/imony giv5 be=e a committee1 subcommittee1 or task =ce ( ! ,congress1 or submitt$ = inclusion 9 ! public record ( a he>+ conduct$ by su* committee1 subcommittee1 or task =ce2 7vii7 in=mation provid$ 9 writ+ 9 response to an oral or writt5 reque/ by a cov]$ executive bran* (ficial or a cov]$ legislative bran* (ficial = specific in=mation2 7viii7 requir$ by subpo5a1 civil inve/igative dem&1 or o!rwise compell$ by /atute1 regulation1 or o!r action ( ! ,congress or an ag5cy1 includ+ any communication compell$ by a ,f$]al contract1 grant1 loan1 p]mit1 or lic5se2 7ix7 made 9 response to a notice 9 ! ,f$]al ,regi/]1 ,comm]ce ,bus9ess ,daily1 or o!r simil> publication solicit+ communications f ! public & direct$ to ! ag5cy (ficial specifically designat$ 9 ! notice to receive su* communications2 7x7 n possible to report )\t disclos+ in=mation1 ! unau?oriz$ disclosure ( :i* is prohibit$ by law2 7xi7 made to an (ficial 9 an ag5cy ) reg>d to-- 7,i7 a judicial proce$+ or a crim9al or civil law en=cem5t inquiry1 inve/igation1 or proce$+2 or 7,,ii7 a fil+ or proce$+ t ! ,gov]nm5t is specifically requir$ by /atute or regulation to ma9ta9 or conduct on a confid5tial basis1 if t ag5cy is *>g$ ) responsibility = su* proce$+1 inquiry1 inve/igation1 or fil+2 7xii7 made 9 compliance ) writt5 ag5cy proc$ures reg>d+ an adjudication conduct$ by ! ag5cy "u section #eed ( title #e1 ,unit$ ,/ates ,code1 or sub/antially simil> provisions2 7xiii7 a writt5 comm5t fil$ 9 ! c\rse ( a public proce$+ or any o!r communication t is made on ! record 9 a public proce$+2 7xiv7 a petition = ag5cy action made 9 writ+ & requir$ to be a matt] ( public record pursuant to e/abli%$ ag5cy proc$ures2 7xv7 made on behalf ( an individual ) reg>d to t individual's b5efits1 employm5t1 or o!r p]sonal matt]s involv+ only t individual1 except t ?is clause does n apply to any communication )-- 7,i7 a cov]$ executive bran* (ficial1 or 7,,ii7 a cov]$ legislative bran* (ficial 7o!r ?an ! individual's elect$ ,memb]s ( ,congress or employees :o "w "u su* ,memb]s' direct sup]vision71 ) respect to ! =mulation1 modification1 or adoption ( private legislation = ! relief ( t individual2 7xvi7 a disclosure by an individual t is protect$ "u ! am5dm5ts made by ! ,:i/lebl[] ,protection ,act ( #aihi1 "u ! ,inspector ,g5]al ,act ( #aigh1 or "u ano!r provision ( law2 7xvii7 made by-- 7,i7 a *ur*1 its integrat$ auxili>y1 or a conv5tion or association ( *ur*es t is exempt f fil+ a ,f$]al income tax return "u p>agraph 7#b77;,a77i7 ( section #fjcc7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 or 7,,ii7 a religi\s ord] t is exempt f fil+ a ,f$]al income tax return "u p>agraph 7#b77;,a77iii7 ( su* section #fjcc7;a72 & 7xviii7 betwe5-- 7,i7 (ficials ( a self-regulatory organization 7z def9$ 9 section #c7;a77#bf7 ( ! ,securities ,ex*ange ,act7 t is regi/]$ ) or e/abli%$ by ! ,securities & ,ex*ange ,commission z requir$ by t ,act or a simil> organization t is designat$ by or regi/]$ ) ! ,commodities ,future ,trad+ ,commission z provid$ "u ! ,commodity ,ex*ange ,act2 & 7,,ii7 ! ,securities & ,ex*ange ,commission or ! ,commodities ,future ,trad+ ,commission1 respectively2 relat+ to ! regulatory responsibilities ( su* organization "u t ,act4 7#ai7 ,political intellig5ce firm ,! t]m political intellig5ce firm means a p]son or entity t has #a or m employees :o are political intellig5ce consultants to a cli5t o!r ?an t p]son or entity4 7#bj7 ,political intellig5ce consultant ,! t]m political intellig5ce consultant means any individual :o is employ$ or reta9$ by a cli5t = f9ancial or o!r comp5sation = s]vices t include "o or m political intellig5ce contacts1 includ+ an individual :o provides brok]age & rese>* s]vices "u section #bh7;e7 ( ! ,securities ,ex*ange ,act ( #aicd4 7#ba7 ,security ,! t]m security has ! mean+ giv5 su* t]m 9 section #c7;a77#aj7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a77#aj774 7#bb7 ,security-bas$ swap ,! t]m security-bas$ swap has ! mean+ giv5 su* t]m 9 section #c7;a77#fh7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a77#fh774 7#bc7 ,commodity ,! t]m commodity has ! mean+ giv5 su* t]m 9 section #a;a7#i7 ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a7#i774 7#bd7 ,swap ,! t]m swap has ! mean+ giv5 su* t]m 9 section #a;a7#dg7 ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a7#dg774 4 7b7 ,regi/ration requirem5t ,section #d ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjc7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by am5d+ p>agraph 7#a7 to read z foll[s3 7#a7 ,g5]al rule ,a lobbyi/ or a political intellig5ce consultant 7or1 z provid$ "u p>agraph 7#b71 ! organization employ+ su* lobbyi/ or consultant71 %all regi/] ) ! ,secret>y ( ! ,s5ate & ! ,cl]k ( ! ,h\se ( ,repres5tatives-- 7,a7 no lat] ?an #de days aft]-- 7i7 ! lobbyi/ fir/ makes a lobby+ contact or is employ$ or reta9$ to make a lobby+ contact1 :i*ev] is e>li]2 or 7ii7 ! political intellig5ce consultant fir/ makes a political intellig5ce contact or is employ$ or reta9$ to make a political intellig5ce contact1 :i*ev] is e>li]2 or 7,b7 on ! fir/ bus9ess day aft] su* #de? day if ! #de? day is n a bus9ess day4 2 7,b7 9 p>agraph 7#b71 by ins]t+ aft] lobbyi/s ea* place t t]m appe>s ! foll[+3 or political intellig5ce consultants2 & 7,c7 9 p>agraph 7#c77;,a7-- 7i7 9 clause 7i7-- 7,i7 by ins]t+ aft] lobby+ activities ! foll[+3 & political intellig5ce activities2 & 7,,ii7 by ins]t+ aft] lobby+ firm ! foll[+3 or political intellig5ce firm2 & 7ii7 9 clause 7ii7-- 7,i7 by ins]t+ aft] lobby+ activities ! foll[+3 & political intellig5ce activities2 & 7,,ii7 by ins]t+ aft] lobby+ activities ! foll[+3 or political intellig5ce activities2 7#b7 9 subsection 7b7-- 7,a7 9 p>agraph 7#c71 by ins]t+ aft] lobby+ activities ea* place t t]m appe>s ! foll[+3 or political intellig5ce activities2 7,b7 9 p>agraph 7#d7-- 7i7 9 ! matt] prec$+ subp>agraph 7,a71 by ins]t+ aft] lobby+ activities ! foll[+3 or political intellig5ce activities2 & 7ii7 9 subp>agraph 7,c71 by ins]t+ aft] lobby+ activity ! foll[+3 or political intellig5ce activity2 7,c7 9 p>agraph 7#e71 by ins]t+ aft] lobby+ activities ea* place t t]m appe>s ! foll[+3 or political intellig5ce activities2 & 7,d7 9 ! matt] foll[+ p>agraph 7#f71 by ins]t+ or political intellig5ce activities aft] su* lobby+ activities2 7#c7 9 subsection 7c7-- 7,a7 9 p>agraph 7#a71 by ins]t+ aft] lobby+ contacts ! foll[+3 or political intellig5ce contacts2 7,b7 9 p>agraph 7#b7-- 7i7 by ins]t+ aft] lobby+ contact ! foll[+3 or political intellig5ce contact2 & 7ii7 by ins]t+ aft] lobby+ contacts ! foll[+3 & political intellig5ce contacts2 & 7,c7 by ins]t+ aft] p>agraph 7#b71 ! foll[+ new p>agraph3 7#c7 ,rule ( con/ruction ,any ?re%old doll> am\nt or p]c5tage describ$ 9 subsection 7b7 relates to ! sum ( ! income1 contributions1 or p]c5t equitable own]%ip relat$ to lobby+ activities plus ! income1 contributions1 or p]c5t equitable own]%ip relat$ to political intellig5ce activities4 2 & 7#d7 9 subsection 7d71 by ins]t+ aft] lobby+ activities ea* place t t]m appe>s ! foll[+3 or political intellig5ce activities4 7c7 ,reports by regi/]$ political intellig5ce consultants ,section #e ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjd7 is am5d$-- 7#a7 9 subsection 7a71 by ins]t+ aft] lobby+ activities ! foll[+3 & political intellig5ce activities2 7#b7 9 subsection 7b7-- 7,a7 9 p>agraph 7#b7-- 7i7 9 ! matt] prec$+ subp>agraph 7,a71 by ins]t+ aft] lobby+ activities ! foll[+3 or political intellig5ce activities2 7ii7 9 subp>agraph 7,a7-- 7,i7 by ins]t+ aft] lobbyi/ ! foll[+3 or political intellig5ce consultant2 & 7,,ii7 by ins]t+ aft] lobby+ activities ! foll[+3 or political intellig5ce activities2 7iii7 9 subp>agraph 7,b71 by ins]t+ aft] lobbyi/s ! foll[+3 & political intellig5ce consultants2 & 7iv7 9 subp>agraph 7,c71 by ins]t+ aft] lobbyi/s ! foll[+3 or political intellig5ce consultants2 7,b7 9 p>agraph 7#c7-- 7i7 by ins]t+ aft] lobby+ firm ! foll[+3 or political intellig5ce firm2 & 7ii7 by ins]t+ aft] lobby+ activities ea* place t t]m appe>s ! foll[+3 or political intellig5ce activities2 & 7,c7 9 p>agraph 7#d71 by ins]t+ aft] lobby+ activities ea* place t t]m appe>s ! foll[+3 or political intellig5ce activities2 & 7#c7 9 subsection 7d77#a71 9 ! matt] prec$+ subp>agraph 7,a71 by ins]t+ or a political intellig5ce consultant aft] a lobbyi/4 7d7 ,disclosure & en=cem5t ,section #f7;a7 ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afje7 is am5d$-- 7#a7 9 p>agraph 7#c77;,a71 by ins]t+ aft] lobby+ firms ! foll[+3 1 political intellig5ce consultants1 political intellig5ce firms12 7#b7 9 p>agraph 7#g71 by /rik+ or lobby+ firm & ins]t+ lobby+ firm1 political intellig5ce consultant1 or political intellig5ce firm2 & 7#c7 9 p>agraph 7#h71 by /rik+ or lobby+ firm & ins]t+ lobby+ firm1 political intellig5ce consultant1 or political intellig5ce firm4 7e7 ,rules ( con/ruction ,section #h7;b7 ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjg7;b77 is am5d$ by /rik+ or lobby+ contacts & ins]t+ lobby+ contacts1 political intellig5ce activities1 or political intellig5ce contacts4 7f7 ,id5tification ( cli5ts & cov]$ (ficials ,section #ad ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afji7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 ! head+1 by ins]t+ or ,political ,intellig5ce aft] ,lobby+2 7,b7 by ins]t+ or political intellig5ce contact aft] lobby+ contact ea* place t t]m appe>s2 & 7,c7 9 p>agraph 7#b71 by ins]t+ or political intellig5ce activity1 z ! case may be aft] lobby+ activity2 7#b7 9 subsection 7b7-- 7,a7 9 ! head+1 by ins]t+ or ,political ,intellig5ce aft] ,lobby+2 7,b7 by ins]t+ or political intellig5ce contact aft] lobby+ contact ea* place t t]m appe>s2 & 7,c7 9 p>agraph 7#b71 by ins]t+ or political intellig5ce activity1 z ! case may be aft] lobby+ activity2 & 7#c7 9 subsection 7c71 by ins]t+ or political intellig5ce contact aft] lobby+ contact4 7g7 ,annual audits & reports by comptroll] g5]al ,section #bf ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afad7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by ins]t+ political intellig5ce firms1 political intellig5ce consultants1 aft] lobby+ firms2 & 7,b7 by /rik+ lobby+ regi/rations & ins]t+ regi/rations2 7#b7 9 subsection 7b77#a77;,a71 by ins]t+ political intellig5ce firms1 political intellig5ce consultants1 aft] lobby+ firms2 & 7#c7 9 subsection 7c71 by ins]t+ or political intellig5ce consultant aft] a lobbyi/4 #c4 ,re/rictions on =m] (fic]s1 employees1 & elect$ (ficials ( ! executive & legislative bran*es reg>d+ political intellig5ce contacts ,section #bjg ( title #ah1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 7#a71 by ins]t+ aft] ) ! int5t to influ5ce1 ! foll[+3 or ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets12 & 7,b7 9 p>agraph 7#b71 by ins]t+ aft] ) ! int5t to influ5ce1 ! foll[+3 or ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets12 7#b7 9 subsection 7c77#a71 by ins]t+ aft] ) ! int5t to influ5ce1 ! foll[+3 or ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets12 7#c7 9 subsection 7d77#a71 by ins]t+ aft] ) ! int5t to influ5ce1 ! foll[+3 or ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets12 7#d7 9 subsection 7e71 by ins]t+ aft] ) ! int5t to influ5ce1 ea* place x appe>s ! foll[+3 or ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets12 7#e7 9 subsection 7i77#a71 by ins]t+ aft] ) ! int5t to influ5ce1 ea* place x appe>s ! foll[+3 or ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets12 & 7#f7 9 subsection 7j71 by add+ at ! end ! foll[+3 7#h7 ,repres5tative ( a m$ia organization ,! re/rictions conta9$ 9 ?is section relat+ to a communication made ) ! int5t to ga9 in=mation = use 9 analyz+ securities or commodities m>kets1 or 9 in=m+ inve/m5t decisions 9 securities or commodities m>kets %all n apply to a communication made by a repres5tative ( a m$ia organization 7z su* t]m is def9$ 9 section #c ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjb771 if ! purpose ( ! communication is ga!r+ & dissem9at+ news & in=mation to ! public4 4 #d4 ,effective date ,! am5dm5ts made by ?is ,act %all apply ) respect to any political intellig5ce contact 7z def9$ 9 section #c ( ! ,lobby+ ,disclosure ,act ( #aiie 7#b ,u4,s4,c4 #afjb71 z add$ by section #b ( ?is ,act7 t is made on or aft] ! #ij? day aft] ! date ( ! enactm5t ( ?is ,act4