,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #hjgf  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #be1 #bjbf,ms4   
,budz9ski 7= h]self1 ,mr4 ,smi? (       
,nebraska1 & ,mr4 ,magaz9]7 introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ov]sight & ,gov]nm5t     
,re=m1 & 9 addition to ! ,committees on 
,h\se ,adm9i/ration1 & ! ,judici>y1 = 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 
*apt] #aca ( title #e1 ,unit$ ,/ates    
,code1 to prohibit cov]$ individuals f  
trad+ on pr$iction m>kets1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,prev5t+ ,real-"t          
,exploitation & ,deceptive ,insid]      
,congressional ,trad+ ,act or ! ,,pr$ict
 ,act4  #b4 ,re/rictions on trad+ on    
pr$iction m>kets  7a7 ,re/rictions      
,*apt] #aca ( title #e1 ,unit$ ,/ates   
,code1 is am5d$ by add+ at ! end a new  
sub*apt]3  ,,iv ,re/rictions on trad+ on

 pr$iction m>kets  #acaea4 ,def9itions  
,9 ?is sub*apt]3 7#a7 ,cov]$ individual 
,! t]m cov]$ individual means any ( !   
foll[+3  7,a7 ,a ,memb] ( ,congress z   
def9$ 9 section #acaja ( ?is title4     
7,b7 ,a dep5d5t *ild z def9$ 9 su*      
section #acaja or a sp\se ( a ,memb] (  
,congress4  7,c7 ,an individual or      
entity ) fiduci>y duties & ! au?ority to
 ent] into or (f] to ent] into an       
agreem5t1 contract1 or transaction )    
respect to pr$iction m>kets = any       
individual describ$ 9 subp>agraphs 7,a7 
or 7,b74  7,d7 ,an (fic] or employee ( !
 ,congress z def9$ 9 su* section #acaja4
  7,e7 ,! ,presid5t4  7,f7 ,! ,vice     
,presid5t4  7,g7 ,a political appo9tee4 
7,h7 ,ea* (fic] or employee 9 !         
executive bran*1 includ+ a special      
,gov]nm5t employee1 z def9$ 9 section   
#bjb ( title #ah1 & any (fic] or        
employee ( an indep5d5t ag5cy1 :o       
occupies a position classifi$ above     
,,gs-#ae ( ! ,g5]al ,s*$ule or1 9 ! case
 ( positions n "u ! ,g5]al ,s*$ule1 =   

:i* ! rate ( basic pay is equal to or   
great] ?an #abj p]c5t ( ! m9imum rate ( 
basic pay payable = ,,gs-#ae ( ! ,g5]al 
,s*$ule2 ea* memb] ( a uni=m$ s]vice ^: 
pay grade is at or 9 excess ( ,o-#g "u  
section #bja ( title #cg2 & ea* (fic] or
 employee 9 any o!r position det]m9$ by 
! ,director ( ! ,(fice ( ,gov]nm5t      
,e?ics to be ( equal classification4    
7,i7 ,a judicial (fic] z def9$ 9 section
 #acaja ( ?is title4  7,j7 ,a judicial  
employee z def9$ 9 section #acaja ( ?is 
title4  7#b7 ,indep5d5t ag5cy ,! t]m    
indep5d5t ag5cy has ! mean+ giv5 ! t]m  
indep5d5t e/abli%m5t z def9$ 9 section  
#ajd ( ?is title4  7#c7 ,political      
appo9tee ,! t]m political appo9tee means
 an individual-- 7,a7 occupy+ a position
 describ$ "u sections #ecab ?r\gh #ecaf 
( ?is title 7relat+ to ! ,executive     
,s*$ule72  7,b7 s]v+ "u a nonc>e]       
appo9tm5t 9 ! ,s5ior ,executive ,s]vice1
 z def9$ "u p>agraph 7#g7 ( section     
#cacb7;a7 ( ?is title2 or  7,c7 occupy+ 
a position 9 ! executive bran* ( !      

,gov]nm5t ( a confid5tial or            
policy-det]m9+ "* "u s*$ule ,c ( subp>t 
,c ( "p #bac ( title #e1 ,code ( ,f$]al 
,regulations4  7#d7 ,sup]vis+ e?ics     
(fice ,! t]m sup]vis+ e?ics (fice-- 7,a7
 has ! mean+ giv5 ! t]m 9 section #acaja
 ( ?is title2 &  7,b7 9 ! case ( an     
indep5d5t ag5cy1 means ! ,(fice (       
,gov]nm5t ,e?ics4  #acaeb4 ,trad+ on    
pr$iction m>kets  7a7 ,conduct dur+     
,f$]al s]vice ,no cov]$ individual may  
ent] into1 or (f] to ent] into an       
agreem5t1 contract1 or transaction t    
provides = any pur*ase1 sale1 paym5t1 or
 deliv]y t is dep5d5t on ! occurr5ce1   
nonoccurr5ce1 or ! ext5t ( ! occurr5ce (
 a specific political ev5t4  7b7        
,int]pretative guidance ,! sup]vis+     
e?ics (fice %all issue int]pretive      
guidance on any relevant t]m n def9$ 9  
?is sub*apt]4  #acaec4 ,p5alties  7a7 ,9
 g5]al  7#a7 ,p5alties ,any cov]$       
individual :o violates ! re/rictions 9  
section #acaeb ( ?is title %all1 at !   
direction ( ! sup]vis+ e?ics (fice--    

7,a7 pay a fee equal to t5 p]c5t ( !    
value ( ! agreem5t1 contract1 or        
transaction 9 violation2 &  7,b7        
disgorge ! pr(its ( any agreem5t1       
contract1 or transaction t violates !   
provisions ( su* section #acaeb4  7#b7  
,paym5t ( p5alty to ,treasury ,a p5alty 
impos$ "u p>agraph 7#a77;,b7 %all be    
payable into ! ,treasury4  7b7 ,paym5t  
re/rictions ,a cov]$ individual may n   
pay any ( ! p5alties "u ?is section 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$]al (fice4  7#d7 ,any o!r    
s\rce ( funds1 o!r ?an a sal>y1         
available to su* individual ?r\gh       
employm5t or s]vice 9 ! ,f$]al          
,gov]nm5t4  7c7 ,publication ,ea*       

sup]vis+ e?ics (fice %all publi% on a   
publicly available website a description
 (-- 7#a7 ea* f9e assess$ by ! sup]vis+ 
e?ics (fice pursuant to ?is section2    
7#b7 ! reason :y ea* su* f9e 0 assess$2 
&  7#c7 ! result ( ea* assessm5t4  4    
7b7 ,table ( cont5ts ,! table ( cont5ts 
= *apt] #aca ( title #e1 ,unit$ ,/ates  
,code1 is am5d$ by add+ at ! end !      
foll[+3 ,sub*apt] ,,iv4 ,re/rictions on 
trad+ on pr$iction m>kets #acaea4       
,def9itions4 #acaeb4 ,trad+ on pr$iction
 m>kets4 #acaec4 ,p5alties4