1 2 CO 3 4 5 6 7 8 6 10 11 12 16 4 (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 pre ceding calendar year if the aggregate amount involved in such transaction 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. (b) Reports required by this section (other than re13 ports so required by candidates for nomination for or election 14 to Federal office) shall be filed not later than May 15 of 15 each year. A person who ceases, prior to such date in any year, to occupy the office or position the occupancy of which 17 imposes upon him the reporting requirements contained in 18 subsection (a) shall file such report on the last day he oc19 cupics such office or position, or on such later date, not more 20 than three months after such last day, as the Comptroller 21 General may prescribe. 22 (c) Reports required by this section shall be in such 23 form and detail as the Comptroller General may prescribe. 24 The Comptroller General may provide for the grouping of 25 items of income, sources of income, assets, liabilities, dealings 5 1 in securities or commodities, and purchases and sales of real 2 property, when separate itemization is not feasible or is not 3 necessary for an accurate disclosure of the income, net worth, 4 dealing in securities and commodities, or purchases and sales 5 of real property of any individual. Ꮳ 10. (d) Any person who willfully fails to file a report re7quired by this section or who knowingly and willfully files a 8 false report under this section, shall be fined not more than 9 $2,000, or imprisoned for not more than five years, or both. (e) All reports filed under this section shall be main11 tained by the Comptroller General as public records, which, 12 under such reasonable rules as he shall prescribe, shall be 13 available for inspection by members of the public. 14 (f) For the purposes of any report required by this 15 section, an individual is considered to be President, Vice 16 President, a Member of Congress, an officer or employee of 17 the United States, or a member of a uniformed service, dur18 ing any calendar year if he serves in any such position for 19 more than six months during such calendar year. 20 (e) The first report required under this section shall 21 be due thirty days after the date of the enactment of this 24. 25 DEFINITIONS SE. 3. For purposes of this Act-- (1) the term "income" means gross income as de 6 fined by section 61 of the Internal Revenue Code of 1954; (2) the term "security" means security as defined in section 2 of the Securities Act of 1933 (15 U.S.C. 77b); (3) the term "commodity" means commodity as defined in section 2 of the Commodity Exchange Act (7 U.S.C. 2); (4) the term "transactions in securities or commodities" means any acquisition, holding, withholding, use, transfer, or other disposition involving any security or commodity; (5) the term "Member of Congress" means a Senator, a Representative, a Resident Commissioner, or a Delegate; (6) the term "officer" has the same meaning as in section 2104 of title 5, United States Code; (7) the term "employee" has the same meaning as in section 2105 of such title; (8) the term "uniformed service" means any of the Armed Forces, the commissioned corps of the Public Health Service, or the commissioned corps of the Na tional Oceanic and Atmospheric Administration; (9) the term "immediate family" means the child, 1 2 3 4 5 6. 7 8 9 10 7 parent, grandparent, brother, sister of an individual, and the spouses of such persons; (10) the term "candidate" has the meaning given it by section 301 (b) of the Federal Election Campaign Act of 1971 (2 U.S.C. 431 (b) ); (11) the term "Federal office" has the meaning given it by section 301 (c) of the Federal Election Campaign Act of 1971 (2 U.S.C. 431 (c)); and (12) the term "Comptroller General" means the Comptroller General of the United States. preventing improper influence on federal law enforcement agencies (RECOMMENDATIONS ADOPTED BY THE No Resolution Presented Herein Represents The Policy Of The Association Until It Shall Have Been Approved By The House of Delegates. Informational Reports, Comments and Supporting Data Are Not Approved By The House In Its Voting And Represent Only The Views Of The Section Or Committee Submitting Them. |