‘‘(B) 
REPORTING
REQUIREMENT.—Not 
later than 30 days after the date of receipt of 
a notice of any application for, or receipt of, a 
covered payment by a covered person (including 
any business owned and controlled by the cov-
ered person), but in no case later than 45 days 
after the date on which the covered payment is 
made or promised to be made, the covered per-
son shall submit to the applicable supervising 
ethics office a report describing the covered 
payment. 
‘‘(g) ENFORCEMENT.— 
‘‘(1) DIVESTITURE OR PLACEMENT IN QUALI-
FIED BLIND TRUST.— 
‘‘(A) IN GENERAL.—The applicable super-
vising ethics office shall provide a written notice 
(including notice of the potential for civil pen-
alties under subparagraph (B)) to any Member 
of Congress if the Member of Congress, or 
spouse or dependent child of the Member of 
Congress— 
‘‘(i) fails to submit a certification 
under subsection (a)(1) by the date on 
which the certification is required to be 
submitted; 
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‘‘(ii) fails to divest or place in a quali-
fied blind trust a covered investment 
owned by, or in the custody of the covered 
person, in accordance with subsection 
(a)(2), subject to any extension under sub-
section (a)(3); or 
‘‘(iii) acquires an interest in a covered 
investment in violation of this section. 
‘‘(B) CIVIL PENALTIES.— 
‘‘(i) IN
GENERAL.—In the event of 
continuing noncompliance after issuance of 
the notice described in subparagraph (A), 
the supervising ethics office shall impose a 
civil penalty, in the amount described in 
clause (ii), on a Member of Congress to 
whom a notice is provided under clause (i) 
or (ii) of subparagraph (A)— 
‘‘(I) on the date that is 30 days 
after the date of provision of the no-
tice; and 
‘‘(II) during the period in which 
such noncompliance continues, not 
less frequently than once every 30 
days thereafter. 
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‘‘(ii) AMOUNT.—The amount of each 
civil penalty imposed on a Member of Con-
gress pursuant to clause (i) shall be equal 
to the greater of— 
‘‘(I) the monthly equivalent of 
the annual rate of pay payable to the 
Member of Congress; and 
‘‘(II) an amount equal to 10 per-
cent of the value of each covered in-
vestment that was not divested or 
placed into a qualified blind trust in 
violation of this section during the pe-
riod covered by the penalty. 
‘‘(2) COMMUNICATIONS.—The Attorney General 
of the United States shall file a civil action seeking 
to impose a civil penalty on any covered person or 
trustee of a qualified blind trust who violates sub-
section (a)(4), or otherwise discloses the contents of 
a qualified blind trust to any unauthorized indi-
vidual, equal to the greater of— 
‘‘(A) $10,000 per each communication; or 
‘‘(B) 1 percent of the value of the qualified 
blind trust on the date of the violation. 
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‘‘(h) DUTIES OF SUPERVISING ETHICS OFFICES.— 
Each supervising ethics office in the legislative branch 
shall— 
‘‘(1) impose and collect civil penalties in accord-
ance with subsection (g); 
‘‘(2) establish such procedures and standard 
forms as the supervising ethics office determines to 
be appropriate to implement this section; 
‘‘(3) issue such rules and guidelines as the su-
pervising ethics office determines to be appropriate 
for the implementation and application of this title; 
and 
‘‘(4) publish on a website all documents and 
communications described in this subsection. 
‘‘(i) RULE OF CONSTRUCTION.—Nothing in this sec-
tion shall be construed to prevent a covered person from 
owning or trading— 
‘‘(1) a diversified mutual fund; or 
‘‘(2) a publicly traded, diversified exchange 
traded fund. 
‘‘(j) EFFECTIVE DATE.—This section shall apply to 
each covered person beginning on the date on which the 
covered person (or with respect to a covered person that 
is a spouse or dependent child of a Member of Congress, 
the date on which that Member of Congress) commences 
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the first new term of service as a Member of Congress 
on or after January 31, 2023.’’. 
(b) CLERICAL AMENDMENT.—The table of sections 
for chapter 131 of title 5, United States Code, is amended 
by adding at the end the following: 
‘‘SUBCHAPTER IV—CERTAIN ASSETS OF MEMBERS OF CONGRESS AND THEIR 
SPOUSES AND DEPENDENT CHILDREN 
‘‘13161. Definitions. 
‘‘13162. Trading covered investments. 
‘‘13163. Addressing owned covered investments.’’. 
(c) TECHNICAL AND CONFORMING AMENDMENTS.— 
(1) TITLE 5.—Title 5, United States Code, is 
amended— 
(A) in section 13103(f)— 
(i) in paragraph (9), by striking ‘‘as 
defined in section 13101 of this title’’; 
(ii) in paragraph (10), by striking ‘‘as 
defined in section 13101 of this title’’; 
(iii) in paragraph (11), by striking 
‘‘as defined in section 13101 of this title’’; 
and 
(iv) in paragraph (12), by striking ‘‘as 
defined in section 13101 of this title’’; and 
(B) in section 13122(f)(2)(B)— 
(i) by striking ‘‘Subject to clause (iv) 
of this subparagraph, before’’ each place it 
appears and inserting ‘‘Before’’; and 
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(ii) by striking clause (iv). 
(2) LOBBYING DISCLOSURE ACT OF 1995.—Sec-
tion 3(4)(D) of the Lobbying Disclosure Act of 1995 
(2 U.S.C. 1602(4)(D)) is amended by striking ‘‘leg-
islative branch employee serving in a position de-
scribed under section 13101(13) of title 5, United 
States Code’’ and inserting ‘‘officer or employee of 
Congress (as defined in section 13101 of title 5, 
United States Code)’’. 
(3) SECURITIES EXCHANGE ACT OF 1934.—Sec-
tion 21A of the Securities Exchange Act of 1934 (15 
U.S.C. 78u–1) is amended— 
(A) in subsection (g)(2)(B)(ii), by striking 
‘‘section 13101(11)’’ and inserting ‘‘section 
13101’’; and 
(B) in subsection (h)(2)— 
(i) in subparagraph (B), by striking 
‘‘in 
section 
13101(9)’’ 
and 
inserting 
‘‘under section 13101’’; and 
(ii) in subparagraph (C), by striking 
‘‘section 13101(10)’’ and inserting ‘‘in sec-
tion 13101’’. 
SEC. 3. PENALTY FOR STOCK ACT NONCOMPLIANCE. 
(a) FINES FOR FAILURE TO REPORT.— 
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(1) IN
GENERAL.—The STOCK Act (Public 
Law 112–105; 126 Stat. 291; 126 Stat. 1310; 127 
Stat. 438; 132 Stat. 4167) is amended by adding at 
the end the following: 
‘‘SEC. 20. FINES FOR FAILURE TO REPORT. 
‘‘(a) IN GENERAL.—Notwithstanding any other pro-
vision of law (including regulations), a reporting individual 
shall be assessed a fine, pursuant to regulations issued by 
the applicable supervising ethics office (including the Ad-
ministrative Office of the United States Courts, as appli-
cable), of $500 in each case in which the reporting indi-
vidual fails to file a transaction report required under this 
Act or an amendment made by this Act. 
‘‘(b) DEPOSIT IN THE TREASURY.—The fines paid 
under this section shall be deposited in the miscellaneous 
receipts of the Treasury.’’. 
(2) EFFECTIVE DATE.—The amendments made 
by paragraph (1) shall take effect on the date on 
which the reporting individual who is a Member of 
Congress commences the first new term of service as 
a Member of Congress on or after January 31, 
2023. 
(b) RULES, REGULATIONS, GUIDANCE, AND DOCU-
MENTS.—Not later than 1 year after the date of enact-
ment of this Act, each supervising ethics office (as defined 
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in section 2 of the STOCK Act (5 U.S.C. App. 101 note)) 
(including the Administrative Office of the United States 
Courts, as applicable) shall amend the rules, regulations, 
guidance, documents, papers, and other records of the su-
pervising ethics office in accordance with the amendment 
made by this section. 
SEC. 4. ELECTRONIC FILING AND ONLINE PUBLIC AVAIL-
ABILITY OF FINANCIAL DISCLOSURE FORMS. 
(a) MEMBERS OF CONGRESS AND CONGRESSIONAL 
STAFF.—Section 8(b)(1) of the STOCK Act (5 U.S.C. 
App. 105 note) is amended— 
(1) in the matter preceding subparagraph (A), 
by inserting ‘‘, pursuant to subchapter I of chapter 
131 of part IV of title 5, United States Code, 
through databases maintained on the official 
websites of the House of Representatives and the 
Senate’’ after ‘‘enable’’; and 
(2) by striking subparagraph (B) and the un-
designated matter following that subparagraph and 
inserting the following: 
‘‘(B) public access— 
‘‘(i) to each— 
‘‘(I) financial disclosure report 
filed by a Member of Congress or a 
candidate for Congress; 
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‘‘(II) transaction disclosure re-
port filed by a Member of Congress or 
a candidate for Congress pursuant to 
subsection (l) of that section; and 
‘‘(III) notice of extension, amend-
ment, or blind trust, with respect to a 
report described in subclause (I) or 
(II), pursuant to subchapter I of 
chapter 131 of part IV of title 5, 
United States Code; and 
‘‘(ii) in a manner that— 
‘‘(I) allows the public to search, 
sort, and download data contained in 
the reports described in subclause (I) 
or (II) of clause (i) by criteria re-
quired to be reported, including by 
filer name, asset, transaction type, 
ticker 
symbol, 
notification 
date, 
amount of transaction, and date of 
transaction; 
‘‘(II) allows access through an 
application 
programming 
interface; 
and 
‘‘(III) is fully compliant with— 
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‘‘(aa) section 508 of the Re-
habilitation Act of 1973 (29 
U.S.C. 794d); and 
‘‘(bb) the most recent Web 
Content Accessibility Guidelines 
(or successor guidelines).’’. 
(b) EFFECTIVE DATE.—The amendments made by 
this section take effect on the date that is 18 months after 
the date of enactment of this Act. 
SEC. 5. SEVERABILITY. 
If any provision of this Act, an amendment made by 
this Act, or the application of such provision or amend-
ment to any person or circumstance is held to be unconsti-
tutional, the remainder of this Act and of the amendments 
made by this Act, and the application of the remaining 
provisions of this Act and amendments to any person or 
circumstance, shall not be affected. 
Æ 
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