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defined in section 2 of the Commodity Exchange Act

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(7 U.S.C. 2);

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(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

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Delegate;

(6) the term "officer” has the same meaning as

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in section 2104 of title 5, United States Code;

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(7) the term "employee" has the same meaning as

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(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 National Oceanic and Atmospheric Administration;

(9) the term "immediate family" means the child,

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parent, grandparent, brother, sister of an individual, and the

spouses of such

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(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));

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(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.

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95TH CONGRESS

1st SESSION

H. R. 4195

IN THE HOUSE OF REPRESENTATIVES

MARCH 1, 1977 Mr. KASTENMEIER (for himself, Mr. RAILSBACK, Mr. BRADEMAS, and Mr. PRESS

LER) introduced the following bill; which was referred to the Committee on the Judiciary

A BILL To require candidates for Federal office, Members of the Con

gress, and officers and employees of the United States to file statements with the Comptroller General with respect to their income and financial transactions.

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Be it enacted by the Senate and House of Representa

2 tives of the United States of America in Congress assembled,

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SECTION 1. This Act may be cited as the "Financial

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(1) the term "ageney" means each authority of the

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Government of the United States;

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(2) the term "commodity future” has the meaning set forth in sections 2 and 5 of the Commodity

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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

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Act of 1971 (2 U.S.C. 431);

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(4) the term “Comptroller Gencral” 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

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1954;

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(6) the term "employee” includes, for purposes of

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section 3, any employee designated under section 2105

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of title 5, United States Code, and any employee of the

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(B) the child, parent, grandparent, grandchild,

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brother, or sister of an individual or of the spouse

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of such individual, and

(C) the spouse of any individual designated in clause (B); (8) the term "income” means gross income as

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defined in section 61 of the Internal Revenue Code

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of 1954;

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(9) the term "Member of Congress" means a

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Senator, a Representative, a Resident Commissioner, or a Delegate;

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(10) the term "officer” includes, for purposes of section 3, any officer designated under section 2104 of title 5, United States Code and any officer of the

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United States Postal Service or of the Postal Rate

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(11) the term “Presidential nominee” means an individual appointed by the President to an office for which confirmation, by and with the advice and consent of the Senate, is required, or an individual nominated by the President to serve as Vice President pursuant to the twenty-fifth amendment to the Constitution of the

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(12) the term “political contribution" means a

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contribution as defined in section 301 of the Federal

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Election Campaign Act of 1971 (2 U.S.C. 431);

(13) the term “political expenditure” means an

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expenditure as defined in section 301 of the Federal

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Election Campaign Act of 1971 (2 U.S.C. 431);

(14) the term "security” has the meaning set forth

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