Library / Laws / 113th / s / S. 716 / Considered and Passed (Senate)
II
113th CONGRESS
1st Session
S. 716
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.
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purposes is repealed.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).