A bill to require financial disclosure.

Summary

Requires each Member of Congress and each employee of the Congress to file, not later than May 15 of each year or not more than three months after the last day he occupies such office or position (if he leaves such position before May 15), with the Comptroller General, a report containing a full and complete statement of: (1) the amount and source of each item of income, each item of reimbursement for any expenditure, and 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 or by him and his spouse jointly during the preceding calendar year which exceeds $100 in amount or value; (2) the value of each asset held by him, or by him and his spouse jointly, which has a value in excess of $5,000, and the amount of each liability owed by him, or by him and his spouse jointly, which is in excess of $5,000 as of the close of the preceding calendar year; and (3) any business transaction by him, or by him and his spouse jointly, or by any person acting in his behalf, during the preceding calendar year if the aggregate amount involved in such transaction exceeds $5,000 during such year. Provides that the reports required by this section shall be in such form and detail as the Comptroller General may prescribe. Establishes a penalty of $2,000, or imprisonment for not more than five years, or both for whoever willfully fails to file a report or knowingly files a false report under this Act. (Adds 18 U.S.C. 225)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 January 1973

   Introduced

   Referred to Senate Committee on Government Operations.

   Source: IntroReferral

2. 16 January 1973

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 16 January 1973

  Open at official source

Sponsors

• Sen. Mathias, Charles McC., Jr. [R-MD] · R · Sponsor
• Sen. Stevenson, Adlai E., III [D-IL] · D · Cosponsor
• Sen. Clark, Dick [D-IA] · D · Cosponsor
• Sen. Hart, Philip A. [D-MI] · D · Cosponsor
• Sen. Mondale, Walter F. [D-MN] · D · Cosponsor
• Sen. Moss, Frank E. [D-UT] · D · Cosponsor
• Sen. Packwood, Bob [R-OR] · R · Cosponsor
• Sen. Stafford, Robert T. [R-VT] · R · Cosponsor
• Sen. Javits, Jacob K. [R-NY] · R · Cosponsor
• Sen. Cranston, Alan [D-CA] · D · Cosponsor
• Sen. Symington, Stuart [D-MO] · D · Cosponsor
• Sen. Tunney, John V. [D-CA] · D · Cosponsor
• Sen. Beall, J. Glenn, Jr. [R-MD] · R · Cosponsor
• Sen. Bartlett, Dewey F. [R-OK] · R · Cosponsor
• · ssga00 · Standing

Related records

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