GovTrack’s Bill Summary
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H.R. 11708 (94th): Financial Disclosure Act
- Introduced:
- Feb 04, 1976 (94th Congress, 1975–1976)
- Status:
- Died (Referred to Committee)
- Sponsor
- Robert Kastenmeier
Representative for Wisconsin's 2nd congressional district
- Party
- Democrat
H.R. 948 (95th)
was a re-introduction of this bill in a later Congress.
Referred to Committee
Last Action: Jan 04, 1977
H.R. 11599
(identical)
Referred to Committee
Last Action: Jan 29, 1976
- Status
-
This bill was introduced on February 4, 1976, in a previous session of Congress, but was not enacted.
- Progress
-
Introduced Feb 04, 1976 Referred to Committee Feb 04, 1976
- Full Title
A bill to require candidates for Federal office, Members of the Congress, and officers and employees of the United States to file statements with the Comptroller General with respect to their income and financial transactions.
- Summary
-
No summaries available.
- Cosponsors
-
2 cosponsors (1D, 1R) (show)
- Committees
-
The committee chair determines whether a bill will move past the committee stage.
- Primary Source
-
THOMAS.gov (The Library of Congress)
GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.
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- Citation
-
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- Notes
-
H.R. stands for House of Representatives bill.
A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.
The bill’s title was written by its sponsor.
Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
2/4/1976--Introduced.
Financial Disclosure Act - Requires candidates for Federal office, Members of the Congress, each officer and employee of the Federal Government who is compensated at a rate in excess of $25,000 per year, Federal employees performing the duties of a GS-16 or higher, members of the Uniformed Services in the grade 0-6 or higher, the President, and the Vice President to file annually with the Comptroller General, a report containing a full and complete statement of:
(1) the amount and source of each item of income, each gift or aggregate of gifts from one source (other than gifts received from his spouse or any member of his immediate family) received by him, by him and his spouse jointly, by his spouse, or by his dependents, during the preceding calendar year which exceeds $100 in amount or value, including any fee or other honorarium received by him for or in connection with the preparation or delivery of any speech or address, attendance at any convention or other assembly of individuals, or the preparation of any article or other compensation for publication, and the monetary value of subsistence, entertainment, travel, and other facilities received by him in kind;
(2) the identity of each asset held by him, by him and his spouse jointly, by his spouse, or by his dependents, which has a value in excess of $1,000, and the amount of each liability owed by him or by him and his spouse jointly, together with the amount of each liability which is owed with respect to any financial interest which is under his constructive control, which is in excess of $1,000 as of the close of the preceding calendar year;
(3) any transactions in securities of any business entity by him or by him and his spouse jointly, or by any person acting on his behalf or pursuant to his direction during the preceding calendar year if the aggregate amount involved in transactions in the securities of such business entity exceeds $1,000 during such year;
(4) all transactions in commodities by him, or by him and his spouse jointly, or by any person acting on his behalf or pursuant to his direction during the preceding calendar year if the aggregate amount involved in such transactions exceeds $1,000; and
(5) any purchase or sale of real property or any interest therein by him, or by him and his spouse jointly, or by any person acting on his behalf or pursuant to his direction, during the preceding calendar year if the value of property involved in such purchase or sale exceeds $1,000.
Defines the terms used in this Act. Sets forth penalties for violations of the provisions of this Act.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
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