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 6 7 8 9 10 11 (i) the Comptroller General is authorized to seek an order by any district court of the United States having jurisdiction of the defendant to require the production of the documents involved; and (ii) such district court may issue such order and enforce it by contempt proceedings. RECOMMENDATION ON FINANCIAL CONFLICTS OF INTEREST 12 SEC. 8. The Civil Service Commission and the Depart 13 ment of Justice shall each analyze regulations and proce14 dures presently in effect with regard to financial conflicts 16 of interest among employees of the Federal Government and 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 enactment of this Act. 19 21 SEC. 9. If any part of this Act is held invalid, the 22 remainder of this Act shall not be affected thereby. If any 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. 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 1ST SESSION H. R. 4950 IN THE HOUSE OF REPRESENTATIVES MARCH 14, 1977 Mr. KASTENMEIER (for himself, Mr. RAILSBACK, Mr. PEPPER, Mrs. PETTIS, Mr. PICKLE, Mr. ROSE, Mr. Russo, Mr. SAWYER, Mr. STEERS, Mr. TSONGAS, Mr. VENTO, and Mr. YOUNG of Missouri) 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 tives of the United States of America in Congress assembled, 3 4 SHORT TITLE SECTION 1. This Act may be cited as the "Financial 5 Disclosure Act". 6 7 8 9 DEFINITIONS SEC. 2. As used in this title (1) the term "agency" means cach authority of the Government of the United States; I-O 95-896 O-77-21 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; (G) 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 3 1 2 defined in section 61 of the Internal Revenue Code of 1954; (9) the term "Member of Congress" means a Senator, a Representative, a Resident Commissioner, or a Delegate; (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 United States Postal Service or of the Postal Rate Commission; (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 United States; (12) the term "political contribution" means a contribution as defined in section 301 of the Federal Election Campaign Act of 1971 (2 U.S.C. 431); (13) the term "political expenditure" means an expenditure as defined in section 301 of the Federal Election Campaign Act of 1971 (2 U.S.C. 431); (14) the term "security" has the meaning set forth |