16 1 Director of the Administrative Office of the United States 2 Courts, the Chairman of the Civil Service Commission, and 3 the head of each agency shall make provisions to assure that 4 each report shall be reviewed in accordance with any law or 5 regulation with respect to conflicts of interest or confidential 6 financial information of officers or employees of the House of 7 Representatives, the Senate, the United States courts or each 8 such agency or in accordance with such rules and regulations as may be prescribed. 9 10 (f) (1) The Comptroller General shall, under such regu11 lations as he may prescribe, conduct on a random basis audits 12 of approximately 5 per centum of the reports filed with him 13 under section 5 (a) (1). 14 (2) The Comptroller General shall audit during each 15 term of an individual holding the office of President or Vice 16 President at least one report filed by such individual under 17 section 5 (a) (1) during such term. 18 19 (3) The Comptroller General shall, during each sixyear period beginning after the date of enactment of this 20 Act, audit at least one report filed by each Member of the 21 Senate and the House of Representatives during such six22 year period. 23 (4) (A) In conducting an audit under paragraph (1), 24 (2), or (3), the Comptroller General is authorized to re25 quire by subpena the production of books, papers, and other 17 1 documents. All such subpenas shall be issued and signed by 2 the Comptroller General. 3 (B) In case of a refusal to comply with a subpena 4 issued under subparagraph (A)— 5 (i) the Comptroller General is authorized to seck 6 an order by any district court of the United States hav བ ing jurisdiction of the defendant to require the produc tion of the documents involved; and 7 8 9 10 (ii) such district court may issue such order and enforce it by contempt proceedings. 11 12 RECOMMENDATION ON FINANCIAL CONFLICTS OF INTEREST SEC. 8. The Civil Service Commission and the Depart13 ment of Justice shall each analyze regulations and proce14 dures presently in effect with regard to financial conflicts 15 of interest among employees of the Federal Government and 16 recommend to the appropriate committees of Congress for 17 their consideration such legislation as may be necessary. 18 Such reports shall be delivered within six months of the 19 enactment of this Act. 20 21 SEPARABILITY SEC. 9. If any part of this Act is held invalid, the 22 remainder of this Act shall not be affected thereby. If any 223 23 provision of any part of this Act, or the application thereof 24 to any person or circumstance, is held invalid, the provisions 25 of other parts and their application to other persons or 26 circumstances shall not be affected thereby. 95-896 - 77-10 1 18 AUTHORIZATION OF APPROPRIATIONS 2 SEC. 10. There are authorized to be appropriated such 3 sums as may be necessary to carry out the provisions of this 4 Act. 5 DATE DUE FOR FIRST REPORT 6 SEC. 11. The first report required by this Act shall be 7 due ninety days after the date of the enactment of this 8 Act. 95TH CONGRESS 18T SESSION H. R. 2326 IN THE HOUSE OF REPRESENTATIVES JANUARY 24, 1977 Mr. KASTENMEIER (for himself, Mr. RAILSBACK, Mr. McCORMACK, Mr. MARKEY, Mr. MARTIN, Mr. METCALFE, MS. MIKULSKI, Mr. MIKVA, Mr. MILLER of California, Mr. MURPHY of Pennsylvania, Mr. NEAL, Mr. Nix, Mr. PANETTA, Mr. PEASE, Mr. PURSELL, Mr. RANGEL, Mr. ROYBAL, Mr. SCHEUER, Mr. SHARP, Mr. TRIBLE, Mr. VOLKMER, Mr. WALKER, Mr. WEISS, and Mr. WON PAT) introduced the following bill; which was referred to the Committee on the Judiciary 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. 1 Be it enacted by the Senate and House of Representa 2 tires of the United States of America in Congress assembled, 3 4 SHORT TITLE SECTION 1. This Act may be cited as the "Financial SEC. 2. As used in this title— (1) the term "agency" means each authority of the Government of the United States; 2 (2) the term "commodity future" has the mean ing set forth in sections 2 and 5 of the Commodity Exchange Act, as amended (7 U.S.C. 2 and 5); (3) the term "candidate" has the meaning set forth in section 301 of the Federal Election Campaign Act of 1971 (2 U.S.C. 431); (4) the term "Comptroller General" means the Comptroller General of the United States; (5) the term "dependent" has the meaning set forth in section 152 of the Internal Revenue Code of 1954; (6) the term "employee" includes, for purposes of section 3, any employee designated under section 2105 of title 5, United States Code, and any employee of the United States Postal Service or of the Postal Rate Commission; (7) the term "immediate family" means (A) the spouse of an individual, (B) the child, parent, grandparent, grandchild, brother, or sister of an individual or of the spouse of such individual, and (C) the spouse of any individual designated in clause (B); (8) the term "income" means gross income as |