Public Markup

Financial Disclosures- Section 102(d) of the Ethics in Government Act of 1978 is amended by adding at the end the following new paragraph: `(3) Notwithstanding any other provision of this Act, in the case of reports of Members of Congress and officers and employees of Congress filed pursuant to sections 101(d) and (e), references to the categories for reporting the amount or value of the items covered in paragraphs (1), (3), (4), (5), and (8) of subsection (a) shall be deemed to be exact dollar amounts as determined by fair market value, tax returns, bank statements, or other means.'

Personal Financial Disclosure reports shall disclose:

1. the affiliations of Members (and their spouses and adult children) with political action committees and other political organizations such as "Leadership" PACs, whether registered at the Federal or state level, as well as with any 501(c)(3) or 501(c)(4) organizations, and

2. the employment or other economic relationships with entities, of the spouse, siblings, and adult children of Members of Congress.

Mandatory Electronic Filing of Personal Financial Reports.

1. IN GENERAL- The Rules of the House and the Senate are amended to provide the following: `each person required to file a report under this Act shall be required to maintain and file such report in electronic form accessible by computers.'

Availability of Reports on the Internet- Section 103 of the Ethics in Government Act of 1978 is amended by adding at the end the following new subsection:

`(l) A copy of each report filed under this title with the Clerk of the House of Representatives or the Secretary of the Senate shall be made available to the general public on the Internet within 48 hours of filing in a format that is searchable, sortable, and downloadable.'

Effective Date- The amendment made by subsection (a) shall apply to reports filed for calendar years beginning after the date of enactment of this Act.

DIRECTORY- The Superintendent of Documents, under the Direction of the Public Printer in the Government Printing Office, shall include information about the documents made available on the Internet under this section in the electronic directory of Federal electronic information required by section 4101(a)(1) of title 44, United States Code.

Mandatory Electronic Filing of travel reports. The Rules of the House and the Senate are amended to provide the following: `each person required to file a travel report under this provision shall be required to maintain and file such report in electronic form accessible by computers.'

Requiring Posting on Internet- The Clerk of the House of Representatives and the Secretary of the Senate shall post on the public Internet site of the Office of the Clerk, or the Office of the Secretary, respectively, the reports filed under paragraph (a) within 48 hours (Saturdays, Sundays, and holidays excepted) after they are received in a format that is searchable, sortable, and downloadable.

Retention- The Clerk and the Secretary shall maintain the information posted on the public Internet site of the Office of the Clerk or Secretary, respectively, under this section for a period of six years after receiving the information.

DIRECTORY- The Superintendent of Documents, under the Direction of the Public Printer in the Government Printing Office, shall include information about the documents made available on the Internet under this section in the electronic directory of Federal electronic information required by section 4101(a)(1) of title 44, United States Code.

The Rules of the House and the Senate are amended to provide the following: `each person required to file a gift report under this provision shall be required to maintain and file such report in electronic form accessible by computers.'

The Secretary of the Senate, and the Clerk of the House shall make required gift reports available on the Internet for purposes of access and retrieval by the public within 48 hours days (Saturdays, Sundays, and holidays excepted) after they are received in a format that is searchable, sortable, and downloadable.

Retention- The Clerk and the Secretary shall maintain the information posted on the public Internet site of the Office of the Clerk or Secretary, respectively, under this section for a period of six years after receiving the information.

DIRECTORY- The Superintendent of Documents, under the Direction of the Public Printer in the Government Printing Office, shall include information about the documents made available on the Internet under this section in the electronic directory of Federal electronic information required by section 4101(a)(1) of title 44, United States Code.

A Senator or Representative who requests a congressionally directed spending item, a limited tax benefit, or a limited tariff benefit in any bill or joint resolution (or an accompanying report) or in any conference report (or an accompanying joint statement of managers) shall provide a written statement to the chairman and ranking member of the committee of jurisdiction, including--

1. the name of the Senator or Representative;

2. in the case of a congressionally directed spending item, the name and location of the intended recipient or, if there is no specifically intended recipient, the intended location of the activity;

   1. Where there is an intended recipient, each member shall report, to the best of his or her knowledge, the name of the actual recipient of a congressionally directed spending item, and shall not name an intermediary.

3. in the case of a limited tax or tariff benefit, identification of the individual or entities reasonably anticipated to benefit, to the extent known to the Senator or Representative;

4. the purpose of such congressionally directed spending item or limited tax or tariff benefit; and

5. a certification that neither the Member nor the Members immediate family has a pecuniary interest in the item.

Each Senate and House committee shall maintain the written statements transmitted under subparagraph (a). The written statements transmitted under subparagraph (a) for any congressional earmarks, limited tax benefits or limited tariff benefits included in any measure reported by the committee or conference report filed by the chairman of the committee or any subcommittee thereof shall be published in a searchable, sortable, downloadable format on the committees or subcommittees Web site not later than 48 hours after inclusion in any measure.

Each Member of Congress who maintains an official public Internet site shall provide a clearly presented electronic link to the Member's earmark request statements described in paragraph (a).

Each committee or subcommittee with jurisdiction over any earmarked program for which funding is provided will provide historical funding levels for earmarked programs over the last 10 years, and will make the information available to the public in a searchable, sortable, downloadable database available through the committees Web site.

In General- Section 304(a)(11)(D) of the Federal Election Campaign Act of 1971 (2 U.S.C. 434(a)(11)(D)) is amended to read as follows:

`(D) As used in this paragraph, the terms `designation', `statement', or `report' mean a designation, statement or report, respectively, which--

`(i) is required by this Act to be filed with the Commission, or

`(ii) is required under section 302(g) to be filed with the Secretary of the Senate and forwarded by the Secretary to the Commission.'.

Conforming Amendments-

1. Section 302(g)(2) of such Act (2 U.S.C. 432(g)(2)) is amended by inserting `or 1 working day in the case of a designation, statement, or report filed electronically' after `2 working days'.

2. Section 304(a)(11)(B) of such Act (2 U.S.C. 434(a)(11)(B)) is amended by inserting `or filed with the Secretary of the Senate under section 302(g)(1) and forwarded to the Commission' after `Act'.

Effective Date- The amendments made by this section shall apply to any designation, statement, or report required to be filed after the date of enactment of this Act.

Receipts and disbursements by treasurers of political committees; filing requirements. The Federal Election Campaign Act is amended to provide that all reports of receipts and disbursements required to be filed by treasurers of political committees shall be filed no later than the 15th day of the last day of each month and shall be complete as of the last day of each month.