< Back to S. 716 (113th Congress, 2013–2015)

Text of the A bill to modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related ...

...statements and related forms.

This bill was enacted after being signed by the President on April 15, 2013. The text of the bill below is as of Apr 11, 2013 (Passed the Senate (Engrossed)).

This is not the latest text of this bill.

113th CONGRESS

1st Session

S. 716

IN THE SENATE OF THE UNITED STATES

AN ACT

To modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related forms.

1.

Modifications of online access to certain financial disclosure statements and related forms

(a)

Public, online disclosure of financial disclosure forms

(1)

In general

Except with respect to financial disclosure forms filed by officers and employees referred to in paragraph (2), section 8(a) and section 11(a) of the STOCK Act (5 U.S.C. App. 105 note) shall not be effective.

(2)

Exempted officers and employees

The officer and employees referred to in paragraph (1) are the following:

(A)

The President.

(B)

The Vice President.

(C)

Any Member of Congress.

(D)

Any candidate for Congress.

(E)

Any officer occupying a position listed in section 5312 or section 5313 of title 5, United States Code, having been nominated by the President and confirmed by the Senate to that position.

(3)

Conforming amendment

Section 1 of the Act entitled An Act to change the effective date for the internet publication of certain information to prevent harm to the national security or endangering the military officers and civilian employees to whom the publication requirement applies, and for other purposes is repealed.

(b)

Electronic filing and online availability

(1)

For members of congress and candidates

Section 8(b) of the STOCK Act (5 U.S.C. App. 105 note) is amended—

(A)

in the heading, by striking , officers of the house and senate, and congressional staff ;

(B)

in paragraph (1)

(i)

by striking 18 months after the date of enactment of this Act and inserting January 1, 2014;

(ii)

by amending subparagraph (B) to read as follows:

(B)

public access to—

(i)

financial disclosure reports filed by Members of Congress and candidates for Congress,

(ii)

reports filed by Members of Congress and candidates for Congress of a transaction disclosure required by section 103(l) of the Ethics in Government Act of 1978, and

(iii)

notices of extensions, amendments, and blind trusts, with respect to financial disclosure reports described in clauses (i) and (ii),

pursuant to title I of the Ethics in Government Act of 1978 (5 U.S.C. App. 101 et seq.), through databases that are maintained on the official websites of the House of Representatives and the Senate.

;

(C)

in paragraph (2)

(i)

by striking the first two sentences; and

(ii)

in the last sentence, by striking under this section and inserting under paragraph (1)(B) ;

(D)

in paragraph (3), by striking under this subsection and inserting under paragraph (1)(B) ;

(E)

in paragraph (4), by inserting be able to after shall; and

(F)

in paragraph (5), by striking under this subsection and inserting under paragraph (1)(B) .

(2)

For executive branch officials

Section 11(b) of the STOCK Act (5 U.S.C. App. 105 note) is amended—

(A)

in the heading, by striking employees and inserting officials ;

(B)

in paragraph (1)

(i)

by striking 18 months after the date of enactment of this Act and inserting January 1, 2014;

(ii)

by amending subparagraph (B) to read as follows:

(B)

public access to—

(i)

financial disclosure reports filed by the President, the Vice President, and any officer occupying a position listed in section 5312 or section 5313 of title 5, United States Code, having been nominated by the President and confirmed by the Senate to that position,

(ii)

reports filed by any individual described in clause (i) of a transaction disclosure required by section 103(l) of the Ethics in Government Act of 1978, and

(iii)

notices of extensions, amendments, and blind trusts, with respect to financial disclosure reports described in clauses (i) and (ii),

pursuant to title I of the Ethics in Government Act of 1978 (5 U.S.C. App. 101 et seq.), through databases that are maintained on the official website of the Office of Government Ethics.

;

(C)

in paragraph (2)

(i)

by striking the first two sentences; and

(ii)

in the last sentence, by striking under this section and inserting under paragraph (1)(B) ;

(D)

in paragraph (3), by striking under this subsection and inserting under paragraph (1)(B) ;

(E)

in paragraph (4), by inserting be able to after shall; and

(F)

in paragraph (5), by striking under this subsection and inserting under paragraph (1)(B) .

Passed the Senate April 11, 2013.

Secretary