#aafth ,,congress #ast ,session ,h4 ,r4 #ebgg ,,an ,,act ,to amend section #ddb of title #ah1 ,united ,states ,code1 to exempt certain interests in mutual funds1 unit investment trusts1 employee benefit plans1 and retirement plans from conflict of interest limitations for the ,government ,publishing ,office4 #a4 ,government ,publishing ,office 7a7 ,in general ,section #ddb of title #ah1 ,united ,states ,code1 is amended to read as follows3 #ddb4 ,government ,publishing ,office 7a7 ,definitions ,in this section-- 7#a7 the terms diversified1 employee benefit plan1 holdings1 mutual fund1 and unit investment trust have the meanings given those terms under section #bfdj4ajb of title #e1 ,code of ,federal ,regulations1 or any successor thereto2 and 7#b7 the term printing-related interest means an interest1 direct or indirect1 in-- 7,a7 the publication of any newspaper or periodical2 7,b7 any printing1 binding1 engraving1 or lithographing of any kind2 or 7,c7 any contract for furnishing paper or other material connected with the public printing1 binding1 lithographing1 or engraving4 7b7 ,offense 7#a7 ,in general ,except as provided in paragraph 7#b71 the ,director of the ,government ,publishing ,office1 ,deputy ,director of the ,government ,publishing ,office1 nor any of their assistants as determined by the ,director of the ,government ,publishing ,office shall not1 during his or her continuance in office1 have any printing-related interest4 7#b7 ,exception for mutual funds1 unit investment trusts1 employee benefit plans1 and retirement plans ,it shall not be a violation of paragraph 7#a7 for an individual who is described in such paragraph to have an interest in a diversified mutual fund1 diversified unit investment trust1 employee benefit plan1 investment fund under the ,thrift ,savings ,plan under subchapter ,,iii of chapter #hd of title #e1 or pension plan established or maintained by a ,state government or any political subdivision of a ,state government for its employees that has #a or more holdings that are printing-related interests if the fund1 trust1 or plan does not exhibit a practice of concentrating in printing-related interests4 7#c7 ,authority of supervising ethics office ,the supervising ethics office for the ,government ,publishing ,office under the ,ethics in ,government ,act of #aigh 7#e ,u4,s4,c4 ,app47 shall have the authority to issue rules and promulgate regulations governing the implementation of this subsection4 7c7 ,penalty ,whoever violates subsection 7b77#a7 shall be fined under this title1 imprisoned for not more than #a year1 or both4 4 7b7 ,technical and conforming amendment ,the table of sections for chapter #bc of title #ah1 ,united ,states ,code1 is amended by striking the item relating to section #ddb and inserting the following3 #ddb4 ,government ,publishing ,office4 4 ,passed the ,house of ,representatives ,december #c1 #bjai4;,clerk4