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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 cach • 8 such agency or in accordance with such rules and regulations

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10 (1) (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 onc report filed by such individual under

17 Section 5 (a) (1) during such term.

18 (3) The Comptroller General shall, during each six19 year 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 anthorized to re25 quire by subpena the production of books, papers, and other

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1 documents. All such subpenas shall be issued and signed by 2 the Comptroller General.

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(B) In case of a refusal to comply with a subpena 4 issued under subparagraph (A) – 5

(i) the Comptroller General is authorized to seek

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an order by any district court of the United States hav

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ing jurisdiction of the defendant to require the produc

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tion of the documents involved; and

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(ii) such district court may issue such order and enforce it by contempt proccedings.

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RECOMMENDATION ON FINANCIAL CONFLICTS OF INTEREST

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Sec. 8. The Civil Service Commission and the Depart

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ment of Justice shall each analyze regulations and procc14 dures presently in effect with regard to financial conflicts 15 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 19 enactment of this Act.

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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.

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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.

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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.

96TH CONGRESS

1st SESSION

H. R. 5193

IN THE HOUSE OF REPRESENTATIVES

MARCH 17, 1977 Mr. KASTENMEIER (for himself, Mr. RAILSBACK, Mr. CORNWELL, Mr. COTTER,

and Mr. ERTEL) 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 "Tinancial

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(1) the term "agency" means cach authority of the Gorernment 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 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

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forth in section 152 of the Internal Revenue Code of

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(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;

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(9) the term "immediate family” menns

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(A) the spouse of an individual,

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(B) the child, parent, grandparent, grandchild, brother, or sister of an individual or of the spouse

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(8) the term "income” means gross income as

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