FAUCI Act

To amend the STOCK Act to require the public availability of financial disclosure forms of certain special consultants and information relating to certain confidential filers, and for other purposes. 1. Short title This Act may be cited as the Financial Accountability for Uniquely Compensated Individuals Act FAUCI Act 2. Public availability of financial disclosure forms of certain special consultants and information relating to certain confidential filers (a) In general Section 11(b)(1) of the STOCK Act ( Public Law 112–105 (1) in the matter preceding subparagraph (A), by inserting , through databases maintained on the official website of the Office of Government Ethics enable (2) by striking the undesignated matter following subparagraph (B); and (3) in subparagraph (B)— (A) in each of clauses (i) and (iii), by striking the comma at the end of the clause and inserting a semicolon; (B) in clause (i), by inserting any officer or employee in the executive branch (including a special Government employee (as defined in section 202 of title 18, United States Code) and any special consultant appointed under section 207(f) of the Public Health Service Act ( 42 U.S.C. 209(f) 2 U.S.C. 4501 and any officer (C) in clause (ii), by striking , and (D) in clause (iii), by adding and (E) by inserting after clause (iii) the following: (iv) a list of the name, position, and salary of each individual whose annual rate of pay is equal to or greater than the annual rate of pay for a Member of Congress under section 601(a) of the Legislative Reorganization Act of 1946 ( 2 U.S.C. 4501 section 107(a)(1) . (b) Applicable deadlines The Director of the Office of Government Ethics shall publish on the public website of the Office of Government Ethics any information with respect to which public access is required by an amendment made by subsection (a)— (1) not later than 45 days after the date of enactment of this Act, in the case of information required for calendar year 2020; (2) not later than 180 days after the date of enactment of this Act, in the case of information required for each of calendar years 2017 through 2019; (3) not later than 1 year after the date of enactment of this Act, in the case of information required for each of calendar years 2014 through 2016; (4) not later than May 15, 2022, in the case of information required for calendar year 2021; (5) not later than 30 days after the date on which the financial disclosure is filed, in the case of information required by an amendment made by subsection (a)(3)(B) for calendar year 2022 and each calendar year thereafter; and (6) not later than May 15 of the subsequent calendar year, in the case of information required by an amendment made by subsection (a)(3)(E) for calendar year 2022 and each calendar year thereafter.

Summary: Financial Accountability for Uniquely Compensated Individuals Act or the FAUCI Act This bill broadens the scope of executive branch employees and officers whose financial disclosures are subject to automatic electronic publication by including highly compensated executive branch officers and employees. The bill also requires the Office of Government Ethics to provide public access to a list of highly compensated executive branch officers and employees who file confidential financial disclosures under existing law, including the specific types of information disclosed in the confidential report.