,i #aah? ,,congress #a/ ,session ,h4 ,r4 #cecd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ah1 #bjbc,mr4 ,s*iff 7= himself1 ,ms4 ,spanb]g]1 ,mr4 ,johnson ( ,georgia1 ,ms4 ,norton1 ,ms4 ,jackson ,lee1 ,mrs4 ,watson ,coleman1 ,mr4 ,mull91 ,mr4 ,lieu1 ,ms4 ,lee ( ,cali=nia1 ,ms4 ,tlaib1 ,mr4 ,nickel1 ,mrs4 ,torres ( ,cali=nia1 ,mr4 ,sablan1 ,mr4 ,davis ( ,ill9ois1 ,mr4 ,g>ca ( ,ill9ois1 ,mr4 ,?ompson ( ,mississippi1 ,ms4 ,scanlon1 & ,mr4 ,g>am5di7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to require ju/ices1 judges1 magi/rate judges1 or bankruptcy judges & _! sp\ses & dep5d5t *ildr5 to place c]ta9 assets into qualifi$ bl9d tru/s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,ju/ice is ,b5eficial ,limitation on ,inve/m5ts & ,necess>y ,disclosure ,act ( #bjbc or z ! ,ju/ice is ,,bl9d ,act ( #bjbc4 #b4 ,placem5t ( c]ta9 assets ( ju/ices1 judges1 magi/rate judges1 or bankruptcy judges & _! sp\ses & dep5d5t *ildr5 9 bl9d tru/ ,section #dee ( title #bh1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7c71 by ins]t+ ! foll[+3 ?\gh su* ef=ts %\ld n include seek+ in=mation ab\t ! id5tity ( ! f9ancial in/rum5ts conta9$ 9 any qualifi$ bl9d tru/ o!r ?an ! initial assets ( ! qualifi$ bl9d tru/ e/abli%$ by a ju/ice1 judge1 magi/rate judge or bankruptcy judge1 or ! sp\se or dep5d5t *ild ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge1 to comply ) subsection 7g7 be=e ! p]iod at ! end2 & 7#b7 by add+ at ! end ! foll[+3 7g7 ,placem5t ( c]ta9 assets ( ju/ices1 judges1 magi/rate judges1 or bankruptcy judges & _! sp\ses & dep5d5t *ildr5 9 qualifi$ bl9d tru/ 7#a7 ,9 g5]al 7,a7 ,ju/ice1 judge1 magi/rate judge1 or bankruptcy judge occupy+ (fice on date ( enactm5t ,n lat] ?an #ij days aft] ! effective date ( ?is subsection1 a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge & any sp\se or dep5d5t *ild ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge %all place any cov]$ f9ancial int]e/ ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge or by any sp\se or dep5d5t *ild ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge1 into a qualifi$ bl9d tru/4 7,b7 ,ju/ice1 judge1 magi/rate judge1 or bankruptcy judge assum+ (fice aft] date ( enactm5t ,n lat] ?an #ij days aft] ! date an individual becomes a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge1 su* individual & any sp\se or dep5d5t *ild ( su* individual %all place any cov]$ f9ancial int]e/ ( su* individual1 sp\se1 or dep5d5t *ild into a qualifi$ bl9d tru/4 7,c7 ,m+l+ ( assets ,a sp\se or dep5d5t *ild ( a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge may place a cov]$ f9ancial int]e/ 9 a qualifi$ bl9d tru/ e/abli%$ by su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge "u subp>agraph 7,a7 or 7,b74 ,a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge may place a cov]$ f9ancial int]e/ 9 a qualifi$ bl9d tru/ e/abli%$ by ! sp\se ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge "u subp>agraph 7,a7 or 7,b74 7,d7 ,assets ^u sep>ation ,a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge & any sp\se or dep5d5t *ild ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge may n dissolve any qualifi$ bl9d tru/ 9 :i* a cov]$ f9ancial int]e/ has be5 plac$ pursuant to subp>agraph 7,a7 or 7,b71 or o!rwise control su* a f9ancial int]e/1 until ! date t is #ahj days aft] ! date su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge ceases to be a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge4 7#b7 ,acc\ntability 7,a7 ,9 g5]al ,a ju/ice1 judge1 magi/rate judge1 or bankruptcy judge %all-- 7i7 n lat] ?an #ae days aft] ! date a qualifi$ bl9d tru/ is e/abli%$ "u p>agraph 7#a71 atte/ 9 writ+ t su* tru/ has be5 e/abli%$ & t any cov]$ f9ancial int]e/ ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge or a sp\se or dep5d5t *ild ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge has be5 plac$ 9 su* tru/2 or 7ii7 atte/ 9 writ+ t nei!r su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge nor a sp\se or dep5d5t *ild ( su* ju/ice1 judge1 magi/rate judge1 or bankruptcy judge h any f9ancial int]e/s4 7,b7 ,report ,! ,adm9i/rative ,(fice ( ! ,unit$ ,/ates ,c\rts %all make available on ! se>*able int]net database e/abli%$ "u section #aje7;c7 ( ! ,e?ics 9 ,gov]nm5t ,act ( #aigh 7#e ,u4,s4,c4 #acajg7;c77 any atte/ation made "u subp>agraph 7,a74 7#c7 ,exception ,a sp\se or dep5d5t *ild :o receives comp5sation f _! prim>y occupation ?r\gh any cov]$ f9ancial int]e/ %all n be requir$ to place su* cov]$ f9ancial int]e/ 9 a qualifi$ bl9d tru/ "u ?is subsection4 7#d7 ,def9itions ,9 ?is subsection3 7,a7 ,commodity ,! t]m commodity has ! mean+ giv5 ! t]m 9 section #a;a ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a74 7,b7 ,cov]$ f9ancial int]e/ ,! t]m cov]$ f9ancial int]e/-- 7i7 means a f9ancial int]e/ 9 a security1 a commodity1 or a future1 or any comp>able economic int]e/ acquir$ ?r\gh syn!tic means su* z ! use ( a d]ivative2 & 7ii7 does n include-- 7,i7 a widely held inve/m5t fund describ$ 9 section #acajd7;f77#h7 ( title #e t is div]sifi$ & regi/]$ z a managem5t company "u ! ,inve/m5t ,company ,act ( #aidj 7#ae ,u4,s4,c4 #hj;a-#a et seq472 or 7,,ii7 a ,unit$ ,/ates ,treasury bill1 note1 or bond4 7,c7 ,dep5d5t *ild ,! t]m dep5d5t *ild has ! mean+ giv5 t t]m 9 section #acaja ( title #e4 7,d7 ,qualifi$ bl9d tru/ ,! t]m qualifi$ bl9d tru/ has ! mean+ giv5 t t]m 9 section #acajd7;f77#c7 ( title #e4 7#e7 ,sev]ability ,if any provision ( ?is subsection or ! application ( su* provision to any p]son or circum/ance is held to be uncon/itutional1 ! rema9d] ( ?is subsection & ! application ( ! rema9+ provisions ( ?is subsection to any p]son or circum/ance1 %all n be affect$4 4