,i #aai? ,,congress #b;d ,session ,h4 ,r4 #gjjh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #ab1 #bjbf,mr4 ,/eil 7= himself1 ,mr4 ,hudson1 ,mr4 ,griffi?1 ,mr4 ,murphy1 ,mrs4 ,bice1 ,mr4 ,c>ey1 ,mrs4 ,mill] ( ,ill9ois1 ,ms4 ,lee ( ,florida1 ,mr4 ,biggs ( ,arizona1 ,mr4 ,ogles1 ,mrs4 ,luna1 ,mr4 ,roy1 ,mr4 ,taylor1 ,mr4 ,van ,ord51 ,mr4 ,bacon1 ,mr4 ,johnson ( ,s\? ,dakota1 ,mr4 ,hurd ( ,colorado1 ,mr4 ,joyce ( ,p5nsylvania1 ,mr4 ,coll9s1 ,mr4 ,lawl]1 ,mr4 ,baumg>tn]1 ,mr4 ,cl\d1 ,mr4 ,fe5/ra1 ,mr4 ,scott ,frankl9 ( ,florida1 ,mr4 ,mann1 ,mr4 ,bu*anan1 ,mr4 ,timmons1 ,mrs4 ,kim1 ,mr4 ,nunn ( ,i[a1 ,mr4 ,cl9e1 ,mr4 ,cr5%aw1 ,mr4 ,h>ris ( ,m>yl&1 ,mr4 ,arr+ton1 ,mr4 ,al=d1 ,mr4 ,yakym1 ,mr4 ,k5n$y ( ,utah1 ,mrs4 ,mill]-,meeks1 ,mr4 ,james1 ,mr4 ,mills1 ,mrs4 ,cammack1 ,mr4 ,b>rett1 ,mr4 ,c>t] ( ,georgia1 ,mr4 ,la,lota1 ,mr4 ,mack5zie1 ,mr4 ,s*midt1 ,mrs4 ,f$or*ak1 ,mrs4 ,kiggans ( ,virg9ia1 ,mrs4 ,h9son1 ,mr4 ,ru!r=d1 ,mr4 ,smi? ( ,new ,j]sey1 ,mr4 ,ciscomani1 ,mr4 ,kiley ( ,cali=nia1 ,mr4 ,patronis1 ,mrs4 ,h\*91 ,mr4 ,riley ( ,new ,york1 ,mr4 ,h>rigan1 ,mr4 ,mool5a>1 ,mr4 ,p]ry1 ,mr4 ,bean ( ,florida1 ,mr4 ,flood1 ,mr4 ,self1 ,mr4 ,bresnahan1 ,mr4 ,huiz5ga1 ,mr4 ,b]gman1 ,mr4 ,messm]1 ,mr4 ,tiffany1 ,mr4 ,gro?man1 ,mr4 ,fitzg]ald1 ,mr4 ,smuck]1 ,mr4 ,/rong1 ,mr4 ,mill] ( ,ohio1 ,mr4 ,mc,dowell1 & ,mrs4 ,wagn]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,h\se ,adm9i/ration ,a ,,bill ,to am5d *apt] #aca ( title #e to require c]ta9 re/rictions on /ocks = ,memb]s ( ,congress & _! sp\ses & dep5d5ts1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/op ,insid] ,trad+ ,act4 #b4 ,re/rictions on cov]$ inve/m5ts 7a7 ,table ( cont5ts ,! table ( cont5ts = *apt] #aca ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 ,sub*apt] ,,iv4 ,re/rictions on cov]$ inve/m5ts#acaea4 ,def9itions4#acaeb4 ,re/rictions on cov]$ inve/m5ts4#acaec4 ,p5alties4 7b7 ,re/rictions ,*apt] #aca ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end a new sub*apt]3 ,,iv ,re/rictions on cov]$ inve/m5ts #acaea4 ,def9itions ,9 ?is sub*apt]3 7#a7 ,cov]$ individual ,! t]m cov]$ individual means any ( ! foll[+3 7,a7 ,a ,memb] ( ,congress1 z def9$ 9 section #acaja4 7,b7 ,a dep5d5t *ild 7z def9$ 9 section #acaja7 or a sp\se ( a ,memb] ( ,congress4 7#b7 ,cov]$ inve/m5t 7,a7 ,9 g5]al ,! t]m cov]$ inve/m5t-- 7i7 means a security issu$ by a publicly trad$ company or any comp>able economic int]e/ acquir$ ?r\gh syn!tic means1 su* z ! use ( a d]ivative1 includ+ an option1 w>rant1 or o!r simil> means2 & 7,b7 ,exclusion ,! t]m cov]$ inve/m5t does n include-- 7i7 an except$ inve/m5t fund 7z describ$ 9 section #acajd7;f77#h772 7ii7 any o!r fund t w\ld be an except$ inve/m5t fund b = ! fact t ! fund does n meet ! div]sification requirem5t solely because ! fund is conc5trat$ 9-- 7,i7 ! ,unit$ ,/ates2 or 7,,ii7 ! ,/ate1 t]ritory1 or ,di/rict ( resid5ce ( ! cov]$ individual :o owns ! fund2 7iii7 an int]e/ 9 a small bus9ess conc]n z def9$ "u section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb72 or 7iv7 inve/m5ts held 9 a tru/ if no cov]$ individual has any au?ority ov] a tru/ee ( ! tru/1 includ+ ! au?ority to appo9t1 replace1 or direct ! actions ( su* a tru/ee1 & ! tru/ee is n ! sp\se1 *ild1 p>5t1 or sibl+ ( a ,memb] ( ,congress4 7#c7 ,publicly trad$ company ,! t]m publicly trad$ company means an issu] t has a class ( securities regi/]$ "u section #ab ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghl74 7#d7 ,security ,! t]m security has ! mean+ giv5 ! t]m 9 section #c7;a7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a774 7#e7 ,sup]vis+ e?ics (fice ,! t]m sup]vis+ e?ics (fice has ! mean+ giv5 ! t]m 9 section #acaja4 #acaeb4 ,re/rictions on cov]$ inve/m5ts 7a7 ,conduct dur+ f$]al s]vice ,except z describ$ 9 subsection 7c71 no cov]$ individual may pur*ase a cov]$ inve/m5t4 7b7 ,advanc$ notice requirem5t 7#a7 ,9 g5]al ,no cov]$ individual %all sell a cov]$ inve/m5t1 unless a notice ( int5t to sell ! cov]$ inve/m5t is made by ! ,memb] ( ,congress & publicly disclos$ at lea/ #g cal5d> days1 & no m ?an #ad cal5d> days1 prior to ! sale 9 accordance ) ! requirem5ts ( ?is subsection4 7#b7 ,cont5ts ( notice ,! notice "u p>agraph 7#a7 %all include ! foll[+3 7,a7 ,! project$ date ( sale ( a cov]$ inve/m5t4 7,b7 ,a description ( su* sale4 7,c7 ,! numb] ( %>es 9 su* sale4 7#c7 ,)drawal ,! notice "u p>agraph 7#a7 %all be )drawn by ! ,memb] ( ,congress :o fil$ x1 prior to ! close ( ! expiration ( ! notice1 if ! cov]$ individual det]m9es n to sell ! cov]$ asset4 7#d7 ,fil+ ,a ,memb] ( ,congress %all file ! notice "u p>agraph 7#a7 = ea* int5d$ sale by ! ,memb]1 or ! sp\se or dep5d5t *ild ( ! ,memb]1 )-- 7,a7 ! ,cl]k ( ! ,h\se ( ,repres5tatives1 9 ! case ( a ,repres5tative 9 ,congress1 a ,delegate to ,congress1 or ! ,resid5t ,commission] f ,pu]to ,rico2 or 7,b7 ! ,secret>y ( ! ,s5ate1 9 ! case ( a ,s5ator4 7#e7 ,publication ,! notice "u p>agraph 7#a7 & ! )drawal "u p>agraph 7#c7 %all1 ^u receipt1 be made publicly available on a website controll$ by ! by ! ,cl]k ( ! ,h\se ( ,repres5tatives or ! ,secret>y ( ! ,s5ate1 z applicable4 7c7 ,exceptions 7#a7 ,occupation ,! requirem5ts ( subsections 7a7 & 7b7 %all n apply to a sp\se or dep5d5t *ild ( a ,memb] ( ,congress ) respect to a transaction 9 a cov]$ inve/m5t :i* is-- 7,a7 on behalf1 or = ! b5efit1 ( any p]son o!r ?an a cov]$ individual2 or 7,b7 made z a "p ( comp5sation f an employ] ( su* individual or 9 fur!rance ( any fiduci>y or occupational obligations ( su* individual4 7#b7 ,o!r ,! requirem5ts ( subsection 7a7 %all n apply to a cov]$ individual ) respect to a transaction 9 a cov]$ inve/m5t made = ! purpose ( re9ve/+ divid5ds receiv$ f su* cov]$ inve/m5t4 #acaec4 ,en=cem5t 7a7 ,9 g5]al ,any cov]$ individual :o violates ! re/rictions 9 section #acaeb ) respect to a cov]$ inve/m5t1 %all1 at ! direction ( ! sup]vis+ e?ics (fice-- 7#a7 incur a fee1 z calculat$ 9 subsection 7b71 to be paid by ! ,memb] ( ,congress :o-- 7,a7 caus$ ! violation2 or 7,b7 is ! sp\se or p>5t ( a cov]$ individual :o caus$ ! violation2 & 7#b7 9 ! case ( a pur*ase ( a cov]$ inve/m5t1 be requir$ to sell a cov]$ inve/m5t pur*as$ 9 violation ( section #acaeb7;a74 7b7 ,calculation ( fees ,! fee requir$ "u subsection 7a7 %all be equal to ! sum (-- 7#a7 #b1jjj or t5 p]c5t ( ! value ( ! transaction 9 ! cov]$ inve/m5t :i* violates section #acaeb1 :i*ev] is great]2 & 7#b7 ! net ga9 realiz$1 if any1 f ! cov]$ inve/m5t dur+ ! p]iod beg9n+ on ! mo/ rec5t date on :i* ! individual became a cov]$ individual & end+ on ! date ( disposition ( ! cov]$ inve/m5t1 z det]m9$ by ! sup]vis+ e?ics (fice4 7c7 ,paym5t re/rictions ,a ,memb] ( ,congress may n pay any ( ! fees "u ?is section by us+ am\nts f ! foll[+ s\rces3 7#a7 ,! ,memb]s' ,repres5tational ,all[ance4 7#b7 ,! ,s5ators' ,(ficial ,p]sonnel & ,(fice ,exp5se ,acc\nt4 7#c7 ,any contribution 7z def9$ 9 section #cja7h7 ( ! ,f$]al ,election ,campaign ,act ( #aiga 7#eb ,u4,s4,c4 #cjaja7h777 accept$ z a c&idate1 & any o!r donation receiv$ z support = activities ( ! individual z a hold] ( ,f$]al (fice4 7d7 ,miscellane\s receipts ,any am\nts collect$ 9 fees au?oriz$ by ?is section %all be deposit$ 9 ! g5]al fund ( ! ,treasury z miscellane\s receipts 9 accordance ) section #ccjb7;b7 ( title #ca4 7e7 ,ref]ral ,^u ! assessm5t ( a fee "u ?is section1 ! sup]vis+ e?ics (fice has ! au?ority to ref] a ,memb] ( ,congress to ! ,dep>tm5t ( ,ju/ice 9 ! same mann] & to ! same ext5t z a violation "u section #acajf if su* ,memb] ( ,congress resigns or retires be=e pay+ su* assess$ fee4 7f7 ,int]pretative guidance ,ea* sup]vis+ e?ics (fice may issue int]pretative guidance on ?is sub*apt] & 9 issu+ su* guidance1 may consid] mitigat+ or aggravat+ circum/ances4 4 7c7 ,effective date ,! am5dm5ts made by ?is ,act %all take effect on ! date t is #ahj days aft] ! date ( enactm5t ( ?is ,act4