,i #aai? ,,congress #a/ ,session ,h4 ,r4 #ceh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #ac1 #bjbe,mr4 ,nunn ( ,i[a 7= himself & ,ms4 ,p]ez7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,h\se ,adm9i/ration1 & 9 addition to ! ,committees on ,ways & ,means1 ! ,judici>y1 & ,ov]sight & ,gov]nm5t ,re=m1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d title #e1 ,unit$ ,/ates ,code1 to prohibit insid] trad+ by ,memb]s ( ,congress & _! sp\ses1 to am5d title #ah1 ,unit$ ,/ates ,code1 to ext5d ! l5g? ( ! po/-employm5t ban on lobby+ by ,memb]s ( ,congress1 to repeal ! automatic adju/m5t 9 ! pay ( ,memb]s ( ,congress1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,no ,corruption 9 ,gov]nm5t ,act4 ,i ,prohibit+ ,insid] ,trad+ by ,memb]s ( ,congress #aja4 ,%ort title ,?is title may be cit$ z ! ,prohibit ,insid] ,trad+ ,act4 #ajb4 ,prohibit+ transactions & own]%ip ( c]ta9 f9ancial in/rum5ts by ,memb]s ( ,congress & _! sp\ses 7a7 ,9 g5]al ,*apt] #aca ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ aft] sub*apt] ,,iii ! foll[+3 ,,iv ,re/rictions ,reg>d+ ,f9ancial ,in/rum5ts #acaea4 ,def9itions ,9 ?is sub*apt]3-- 7#a7 ! t]m cov]$ f9ancial in/rum5t-- 7,a7 means-- 7i7 any inve/m5t 9-- 7,i7 a security 7z def9$ 9 section #c7;a7 ( ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 7,,ii7 a security future 7z def9$ 9 t section72 or 7,,iii7 a commodity 7z def9$ 9 section #a;a ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a772 & 7ii7 any economic int]e/ comp>able to an int]e/ describ$ 9 subclause 7,i7 t is acquir$ ?r\gh syn!tic means1 su* z ! use ( a d]ivative1 includ+ an option1 w>rant1 or o!r simil> means2 & 7,b7 does n include-- 7i7 a div]sifi$ mutual fund2 7ii7 a div]sifi$ ex*ange-trad$ fund2 7iii7 any inve/m5t 9 ! ,?rift ,sav+s ,plan2 or 7iv7 a ,unit$ ,/ates ,treasury bill1 note1 or bond2 7#b7 ! t]m ,memb] ( ,congress has ! mean+ giv5 t t]m 9 section #acaja2 7#c7 ! t]m sup]vis+ e?ics (fice has ! mean+ giv5 t t]m 9 section #acaja2 & 7#d7 ! t]m qualifi$ bl9d tru/ has ! mean+ giv5 t t]m 9 section #acajd7;f77#c74 #acaeb4 ,prohibition on c]ta9 transactions & hold+s involv+ cov]$ f9ancial in/rum5ts 7a7 ,prohibition ,except z provid$ 9 subsection 7b71 a ,memb] ( ,congress & ! ,memb]'s sp\se may n1 dur+ ! t]m ( s]vice ( ! ,memb]1 hold1 pur*ase1 or sell any cov]$ f9ancial in/rum5t4 7b7 ,exceptions ,! prohibition "u subsection 7a7-- 7#a7 %all beg9 to apply ) respect to a ,memb] ( ,congress :o comm5ces s]vice z a ,memb] aft] ! date ( enactm5t ( ?is sub*apt] on ! date t is sev5 days aft] ! fir/ date ( ! initial t]m ( s]vice2 & 7#b7 does n apply to a cov]$ f9ancial in/rum5t held 9 a qualifi$ bl9d tru/ op]at$ on behalf (1 or = ! b5efit (1 a ,memb] ( ,congress or ! ,memb]'s sp\se4 7c7 ,p5alties 7#a7 ,disgorgem5t ,a ,memb] ( ,congress & ! ,memb]'s sp\se %all disgorge to ! g5]al fund ( ! ,treasury any pr(it f a transaction or hold+ involv+ a cov]$ f9ancial in/rum5t t is conduct$ 9 violation ( ?is section4 7#b7 ,income tax ,a loss f a transaction or hold+ involv+ a cov]$ f9ancial in/rum5t t is conduct$ 9 violation ( ?is section may n be d$uct$ f ! am\nt ( income tax ow$ by ! applicable ,memb] ( ,congress or ! ,memb]'s sp\se4 7#c7 ,f9es ,a ,memb] ( ,congress :o holds or conducts a transaction involv+ a cov]$ f9ancial in/rum5t 9 violation ( ?is section may be subject to a civil f9e z describ$ "u section #acajf7;a74 #acaec4 ,sup]vis+ e?ics (fice c]tification ( compliance & audit 7a7 ,c]tification 7#a7 ,9 g5]al ,n lat] ?an sev5 days aft] ! beg9n+ ( any session ( ,congress1 ea* ,memb] ( ,congress %all submit to ! sup]vis+ e?ics (fice a writt5 c]tification t ! ,memb] & ! ,memb]'s sp\se has a*iev$ compliance ) ! requirem5ts ( ?is sub*apt]4 7#b7 ,publication ,! sup]vis+ e?ics (fice %all publi% ea* c]tification submitt$ "u p>agraph 7#a7 on a publicly available website4 7b7 ,audit ,n less ?an e two ye>s1 ! sup]vis+ e?ics (fice %all conduct an audit ( ! compliance by ,memb]s ( ,congress ) ! requirem5ts ( ?is sub*apt]4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = su* *apt] #aca is am5d$ by ins]t+ aft] ! item relat+ to section #acadf ! foll[+3 ,,sub*apt] ,,iv--,,re/rictions ,,reg>d+ ,,f9ancial ,,in/rum5ts#acaea4 ,def9itions4#acaeb4 ,prohibition on c]ta9 transactions & hold+s involv+ cov]$ f9ancial in/rum5ts4#acaec4 ,sup]vis+ e?ics (fice c]tification ( compliance & audit4 4 7c7 ,application ,! am5dm5ts made by subsection 7a7 %all beg9 to apply to ,memb]s ( ,congress & _! sp\ses on ! fir/ day ( ! second session ( ! ,"o ,hundr$ ,n9ete5? ,congress4 ,,ii ,increas+ ,l5g? ( ,po/-,employm5t ,lobby+ ,ban #bja4 ,%ort title ,?is title may be cit$ z ! ,ban ,memb]s ,f ,lobby+ ,act4 #bjb4 ,increase 9 l5g? ( po/-employm5t ban on lobby+ ( ,congress by =m] ,memb]s 7a7 ,l5g? ( po/-,employm5t ban 7#a7 #f-ye> ban = =m] ,s5ators ,subp>agraph 7,a7 ( section #bjg7;e77#a7 ( title #ah1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ )9 #b ye>s aft] t p]son leaves (fice & ins]t+ )9 #f ye>s aft] t p]son leaves (fice4 7#b7 #c-ye> ban = =m] ,memb]s ( ! ,h\se ( ,repres5tatives ,p>agraph 7#a7 ( section #bjg7;e7 ( su* title is am5d$ by /rik+ subp>agraph 7,b7 & ins]t+ ! foll[+3 7,b7 ,memb]s ( ! ,h\se ( ,repres5tatives ,any p]son :o is a ,memb] ( ! ,h\se ( ,repres5tatives & :o1 )9 #c ye>s aft] t p]son leaves (fice1 kn[+ly makes1 ) ! int5t to influ5ce1 any communication to or appe>ance be=e any ,memb]1 (fic]1 or employee ( ei!r ,h\se ( ,congress & any employee ( any o!r legislative (fice ( ! ,congress1 on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 9 connection ) any matt] on :i* su* =m] ,memb] seeks action by a ,memb]1 (fic]1 or employee ( ei!r ,h\se ( ,congress1 9 8 or h] (ficial capacity1 %all be puni%$ z provid$ 9 section #baf ( ?is title4 7,c7 ,(fic]s ( ! ,h\se ( ,repres5tatives ,any p]son :o is an elect$ (fic] ( ! ,h\se ( ,repres5tatives & :o1 )9 #a ye> aft] t p]son leaves (fice1 kn[+ly makes1 ) ! int5t to influ5ce1 any communication to or appe>ance be=e any ,memb]1 (fic]1 or employee ( ! ,h\se ( ,repres5tatives1 on behalf ( any o!r p]son 7except ! ,unit$ ,/ates7 9 connection ) any matt] on :i* su* =m] elect$ (fic] seeks action by a ,memb]1 (fic]1 or employee ( ei!r ,h\se ( ,congress1 9 8 or h] (ficial capacity1 %all be puni%$ z provid$ 9 section #baf ( ?is title4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply ) respect to any individual :o1 on or aft] ! date ( ! enactm5t ( ?is ,act1 leaves an (fice to :i* section #bjg7;e77#a7 ( title #ah1 ,unit$ ,/ates ,code1 applies4 ,,iii ,elim9at+ ,memb] ,,cola #cja4 ,elim9ation ( automatic pay adju/m5ts = ,memb]s ( ,congress 7a7 ,9 g5]al ,p>agraph 7#b7 ( section #fja7;a7 ( ! ,legislative ,reorganization ,act ( #aidf 7#b ,u4,s4,c4 #deja7 is repeal$4 7b7 ,te*nical & con=m+ am5dm5ts ,section #fja7;a7 ( su* ,act 7#b ,u4,s4,c4 #deja7 is am5d$-- 7#a7 by /rik+ 7a77#a7 & ins]t+ 7a72 7#b7 by r$esignat+ subp>agraphs 7,a71 7,b71 & 7,c7 z p>agraphs 7#a71 7#b71 & 7#c71 respectively2 & 7#c7 by /rik+ z adju/$ by p>agraph 7#b7 ( ?is subsection & ins]t+ adju/$ z provid$ by law4 7c7 ,effective date ,?is section & ! am5dm5ts made by ?is section %all take effect on ! date on :i* ! ,"o ,hundr$ ,tw5tie? ,congress conv5es4