continuing participation in an employee welfare or benefit plan maintained by a former employer.

(b) Each report filed under subsections 301 (b) and (c) shall include a full and complete statement, in such manner and form as the Committee with the approval of the Judicial Conference of the United States may prescribe, with respect to information required by paragraphs (3). (4), (5), (8), (9), and (10) of subsection (a), as of the date of filing, and the sources and amounts of earned income and other payments for the year of filing and the preceding calendar year.

(c) The categories for reporting the amount or value of the items covered in paragraphs (2) through (7) of subsection (a) are as follows:

(1) up to $5,000;

(2) from $5,000 to $15,000;

(3) from $15,000 to $50,000;

(4) from $50,000 to $100,000: and

(5) greater than $100,000.

(1) For purposes of paragraphs (1) through (8) of subsection (a), the report shall include the gifts, unearned income, and the source (but not amount) of earned income received by and the assets, transactions, and liabilities of a spouse and minor child residing in the household of the reporting individual.

(e) The holdings of and the income from a trust or

other financial arrangement from which the reporting individual, spouse, or minor child residing in the same household receives income or in which such person has a beneficial interest must be reported according to the provisions of this section: Provided, That if the beneficiary of the trust or arrangement does not have knowledge of the identity of the holdings and sources of income, the report shall so indicate and the reporting individual shall provide that the informa- ̄ tion will be submitted by the trustee or other appropriate

person,

FILING OF REPORTS

SEC. 303. (a) The Judicial Conference of the United States shall establish a Judicial Ethics Committee which shall be responsible for receiving and making available, in accordance with the provisions of this title, the reports described in section 302.

(b) Each judicial officer and judicial employee shall file the report required by this title with the Committee.

(c) In the performance of its functions under this title, the Committee with the approval of the Judicial Conference of the United States shall~-~

(1) promulgate such rules and regulations as may

he necessary:

(2), monitor and investigate compliance with the requirements of this title.

(3) provide for the availability of reports as required by section 305;

(4) conduct the reviews required by section 306; (5) cooperate with the Attorney General in enforcing the requirements of this title;

(6) submit to the Congress and the President recommendations for legislative revision of this title;

(7) perform such other functions as may be assigned by the Judicial Conference of the United States.

FAILURE TO FILE OR FALSIFYING REPORTS

SEC. 304. (a) Any individual who knowingly falsifies or fails to report any information required under section 302 shall be fined in an amount not exceeding $5,000 or imprisoned for not more than one year, or both.

(b) The Attorney General may bring a civil action against any person who fails to file a report as required by section 301 or who fails to report any information which such person is required to report under section 302. The court in which such action is brought may assess against such person a penalty in any amount not to exceed $5,000.

CUSTODY OF AND PUBLIC ACCESS TO REPORTS

SEC. 305. (a) The Committee shall make each report filed with it under this title available to the public within forty-five days after the receipt of such report and furnish a copy of the report to any person upon written request: Prorided, That this section does not require public availability of information pertaining to the holdings and sources of income of a trust or other financial arrangement designed to

insulate the reporting individual, his spouse, or minor child from knowledge of the holdings and sources of income of the trust if such trust or arrangement has been approved under regulations prescribed by the Civil Service Commission, with the concurrence of the Attorney General, as necessary to avoid potential or apparent conflicts of interest under section 208 of title 18, United States Code, and other applicable laws and regulations: Provided, That the instrument or agreement establishing the trust or arrangement and the identity and category of value of assets initially placed in the trust or arrangement shall be made available to the public under this section.

(b) The Committee shall require any person inspecting or receiving a copy of a report under subsection (a) to supply his name and address and the name of the person or organization, if any, on whose behalf he is requesting a report and may require the requesting person to pay a reasonable fee in an amount which the Committee finds necessary to recover the cost of reproduction and mailing of such report. The names and addresses of persons and organizations inspecting or receiving a copy of a report shall be made available to the reporting individual and to the public. (c) (1) It shall be unlawful for any person to inspect, obtain, or use a report—

(A) for any unlawful purpose;

(B) for any commercial purpose;

(C) for determining or establishing the credit rating of any individual; or

(D) for use, directly or indirectly, in the solicitation tation of money for any political, charitable or other purpose.

(2) The Attorney General may bring a civil action against any person who inspects, obtains, or uses a report for any purpose prohibited in paragraph (1). The court in which such action is brought may assess against such person a penalty in any amount not to exceed $5,000.

(d) Any report received by the Committee shall be held in its custody and be made available to the public for a period of five years after receipt of the report. After such five-year period the report shall be destroyed,

COMPLIANCE PROCEDURES

SEC. 306. (a) The Committee shall establish procedures for the review of reports sent to it under section 303 to determine whether the reports are filed in a timely manner, are complete, and are in proper form.

(b) The Committee shall refer to the Attorney General the name of any individual the committee has reasonabie canse to believe has failed to file a report or has falsified or jaied to file information required to be reported.

EFFECTIVE DATE

SEC. 307. This title shall take effect on Jon a y

1978, and the reports filed under section 301(c) on May 15,

1978, shall include information for calendar year 1977.