Public Law 113-7 | Public Law 113–7: To modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related forms.

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PUBLIC LAW 113–7—APR. 15, 2013

ONLINE ACCESS OF FINANCIAL DISCLOSURE STATEMENTS AND FORMS

127 STAT. 438

Public Law

113–7

113th Congress

An Act

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

Apr. 15, 2013

[S. 716]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1.

MODIFICATIONS OF ONLINE ACCESS TO CERTAIN FINANCIAL DISCLOSURE STATEMENTS AND RELATED FORMS.

(a)

5 USC app. 105 note.

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)

Repeal.

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repealed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)

striking

“18 months after the date of enactment of this Act” and

inserting

“January 1, 2014”;

(ii)

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 127 STAT. 439 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)

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)

striking

“18 months after the date of enactment of this Act” and

inserting

“January 1, 2014”;

(ii)

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)

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”; and127 STAT. 440

(F)

in paragraph (5), by

striking

“under this subsection” and

inserting

“under paragraph (1)(B)”.

Approved April 15, 2013.

LEGISLATIVE HISTORY—S. 716:

CONGRESSIONAL RECORD, Vol. 159 (2013):

Apr. 11, considered and passed Senate.

Apr. 12, considered and passed House.

○

Public Law 113–7: To modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related forms.

MODIFICATIONS OF ONLINE ACCESS TO CERTAIN FINANCIAL DISCLOSURE STATEMENTS AND RELATED FORMS.

Public, Online Disclosure of Financial Disclosure Forms.—

In general.—

Exempted officers and employees.—

Conforming amendment.—

Electronic Filing and Online Availability.—

For members of congress and candidates.—

For executive branch officials.—

LEGISLATIVE HISTORY—S. 716:

CONGRESSIONAL RECORD, Vol. 159 (2013):

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