319 
request from an applicable ethics committee that the 
Board cease its review of any matter and refer such 
matter to the committee because the committee has 
voted to open an investigation of such matter by the 
committee or by an investigatory subcommittee of 
the committee, the Board shall refer such matter to 
the committee, cease its preliminary or second-phase 
review, as applicable, of that matter and so notify 
any individual who is the subject of the review. In 
any such case, the Board shall send a written report 
to the committee containing a statement that, upon 
the request of that committee, the matter is referred 
to it for its consideration. Nothing in this paragraph 
shall be construed to prevent the Board from send-
ing any information regarding the matter to the Di-
rector of the Office of Public Integrity or to other 
law enforcement agencies. 
(2) RESUMPTION OF REVIEW.—If the applicable 
ethics committee notifies the Board in writing that 
it is unable to resolve any matter described in para-
graph (1), the Board may begin or continue, as the 
case may be, a second-phase review of the matter in 
accordance with subsection (b)(3). 
(d) PROCEDURES.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00319
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
320 
(1) REVIEW POWERS.—Members of the Board 
or employees of the Office may, during either an ini-
tial review or second-phase review— 
(A) administer oaths; 
(B) require, by subpoena or otherwise, the 
attendance and testimony of such witnesses and 
the production of such books, records, cor-
respondence, accounts, memoranda, papers, 
documents, tapes, and materials as the Board 
or the Office considers advisable; 
(C) take the deposition of witnesses; and 
(D) conduct general audits of filings under 
the Lobbying Disclosure Act of 1995 (2 U.S.C. 
1601 et seq.). 
(2) WITNESSES.— 
(A) WITNESSES.—Any witness interviewed 
as part of a review under this section shall sign 
a statement acknowledging that the witness un-
derstands that section 1001 of title 18, United 
States Code (popularly known as the ‘‘False 
Statements Act’’) applies to the testimony of 
the witness and to any documents the witness 
provides. 
(B) PAYMENT.—Witnesses appearing be-
fore the Office may be paid in the same manner 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00320
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
321 
as prescribed by clause 5 of rule XI of the 
Rules of the House of Representatives, as in ef-
fect on the day before the date of enactment of 
this Act. 
(3) PROHIBITION OF EX PARTE COMMUNICA-
TIONS.—There shall be no ex parte communications 
between any member of the Board or employee of 
the Office and any individual who is the subject of 
any review by the Board or between any member of 
the Board and any interested party, and no Member 
or employee of the Congress may communicate with 
any member of the Board or employee of the Office 
regarding any matter under review by the Board ex-
cept as authorized by the Board. 
(4) CONTEMPT OF CONGRESS.—If a person dis-
obeys or refuses to comply with a subpoena, or if a 
witness refuses to testify to a matter, the Board 
may recommend to the applicable ethics committee 
that such person be held in contempt of Congress. 
SEC. 556. PERSONNEL MATTERS. 
(a) COMPENSATION OF EMPLOYEES.— 
(1) APPOINTMENT.—Upon a majority vote of 
the Board, the Board may appoint and fix the com-
pensation of such professional, nonpartisan staff (in-
cluding staff with relevant experience in investiga-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00321
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
322 
tions and law enforcement) of the Office as the 
Board considers necessary to perform its duties. 
(2) QUALIFICATIONS.—Each employee of the 
Office shall be professional and demonstrably quali-
fied for the position for which the employee is hired. 
(3) STAFFING REQUIREMENTS.— 
(A) IN GENERAL.—The employees of the 
Office shall be assembled and retained as a pro-
fessional, nonpartisan staff, and the Office as a 
whole, and each individual employee, shall per-
form all official duties in a nonpartisan manner. 
(B) NO PARTISAN POLITICAL ACTIVITY.— 
No employee of the Office shall engage in any 
partisan political activity directly affecting any 
congressional or presidential election. 
(C) LIMITATION OR PUBLIC SPEAKING OR 
PUBLICATION.—No employee of the Office may 
accept public speaking engagements or write for 
publication on any subject that is in any way 
related to the employee’s employment or duties 
with the Office without specific prior approval 
from the chairperson and vice-chairperson of 
the Board. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00322
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
323 
(b) TERMINATION
OF EMPLOYEES.—The employ-
ment of an employee of the Office may be terminated dur-
ing a Congress solely by a majority vote of the Board. 
(c) REIMBURSEMENTS.—Members of the Board, and 
employees of the Office, may be reimbursed for travel, sub-
sistence, and other necessary expenses incurred by mem-
bers or employees in the performance of their duties in 
the same manner as is permissible for such expenses of 
other employees of the House or Senate. 
(d) AGREEMENTS FOR MEMBERS AND EMPLOYEES; 
RETENTION OF DOCUMENTS BY THE CLERK.— 
(1) IN GENERAL.—Before any individual who is 
appointed to serve on the Board or before any indi-
vidual is hired to be an employee of the Office may 
do so, the individual shall execute a signed document 
containing the following statement: ‘‘I agree not to 
be a candidate for the office of Senator or Rep-
resentative in, or Delegate or Resident Commis-
sioner to, the Congress for purposes of the Federal 
Election Campaign Act of 1971 until at least 4 
years after I am no longer a member of the Congres-
sional Ethics Board or employee of the Office of 
Congressional Ethics.’’. 
(2) RETENTION OF DOCUMENTS.—Copies of the 
signed and executed document shall be retained by 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00323
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
324 
the Clerk of the House of Representatives and the 
Secretary of the Senate as part of the records of the 
House and the Senate. The Clerk and the Secretary, 
working jointly, shall make the signatures a matter 
of public record, causing the names of each indi-
vidual who has signed the document to be published 
in a portion of the Congressional Record designed 
for that purpose, and make cumulative lists of such 
names available on the websites of the Clerk and the 
Secretary. 
(e) CODE OF CONDUCT.—The Board— 
(1) shall establish a code of conduct to govern 
the behavior of the members of the Board and the 
employee of the Office, which shall include the avoid-
ance of conflicts of interest; and 
(2) may issue other rules as the Board deter-
mines necessary to carry out the functions of the 
Board and the Office. 
SEC. 557. AUTHORIZATION OF APPROPRIATIONS. 
There is authorized to be appropriated to carry out 
this subtitle such sums as may be necessary. 
SEC. 558. CONFORMING AMENDMENTS AND RULES OF CON-
STRUCTION. 
(a) CONFORMING AMENDMENTS TO THE ETHICS IN 
GOVERNMENT ACT OF 1978.—Section 109(18) of the 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00324
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
325 
Ethics in Government Act of 1978 (5 U.S.C. App.) is 
amended— 
(1) by redesignating subparagraphs (A) through 
(D), as amended, as subparagraphs (B) through 
(E), respectively; 
(2) by inserting before subparagraph (B), as re-
designated by paragraph (1) of this subsection, the 
following: 
‘‘(A) the Office of Congressional Ethics es-
tablished under section 552 of the Anti-Corrup-
tion and Public Integrity Act, for Senators, 
Members of the House of Representatives, offi-
cers and employees of the Senate, and officers 
and employees of the House of Representatives 
required to file financial disclosure reports with 
the Secretary of the Senate pursuant to section 
103(h) of this title;’’; 
(3) in subparagraph (B) (as so redesignated), 
by striking ‘‘Senators, officers and employees of the 
Senate, and other officers or employees of the legis-
lative branch’’ and inserting ‘‘officers or employees 
of the legislative branch not described in subpara-
graph (A)’’; and 
(4) in subparagraph (C) (as so redesignated), 
by striking ‘‘Members, officers and employees of the 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00325
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
326 
House of Representatives and other officers or em-
ployees of the legislative branch’’ and inserting ‘‘offi-
cers or employees of the legislative branch not de-
scribed in subparagraph (A)’’. 
(b) TERMINATION OF THE OFFICE OF CONGRES-
SIONAL ETHICS OF THE HOUSE OF REPRESENTATIVES.— 
Beginning on the date on which all members of the Board 
are appointed, the Office of Congressional Ethics of the 
House of Representatives shall be eliminated and section 
1 of H. Res. 895 (110th Congress, March 11, 2008) shall 
cease to have any force or effect. 
(c) RULEMAKING AUTHORITY.—The provisions of 
this subtitle are enacted— 
(1) as an exercise of the rulemaking power of 
the Senate and of the House of Representatives, and 
as such they shall be considered as part of the rules 
of the Senate and the House, respectively, and shall 
supersede other rules only to the extent that they 
are inconsistent therewith; and 
(2) with full recognition of the constitutional 
right of the Senate and the House of Representa-
tives to change such rules at any time, in the same 
manner, and to the same extent as in the case of 
any other rule of the Senate or House of Represent-
atives. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00326
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
327 
Subtitle D—Applicability 
SEC. 571. APPLICABILITY. 
This title and the amendments made by this title 
shall apply on and after the date of enactment of this Act. 
TITLE VI—TRANSPARENCY AND 
GOVERNMENT RECORDS 
Subtitle A—Transparency for Fed-
eral Personnel and Candidates 
for Federal Office 
SEC. 601. CATEGORIES RELATING TO THE AMOUNT OR 
VALUE OF CERTAIN INCOME. 
Section 102 of the Ethics in Government Act of 1978 
(5 U.S.C. App.) is amended— 
(1) in subsection (a)— 
(A) in paragraph (1)(B)— 
(i) in the matter preceding clause (i), 
by striking ‘‘which of the following cat-
egories the amount or value of such item 
of income is within’’ and inserting ‘‘the 
amount or value of such item of income in 
accordance with the following’’; 
(ii) 
by 
redesignating 
clauses 
(i) 
through (iv) as subclauses (I) through 
(IV), respectively, and adjusting the mar-
gin accordingly; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00327
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
328 
(iii) by inserting before subclause (I), 
as so redesignated, the following: 
‘‘(i) For items of income with an 
amount or value of not more than 
$25,000, which of the following categories 
the amount or value of such item of in-
come is within:’’; 
(iv) in clause (i)(III), as so des-
ignated, by adding ‘‘or’’ at the end; 
(v) in clause (i)(IV), as so designated, 
by striking ‘‘$15,000,’’ and inserting 
‘‘$25,000.’’; and 
(vi) by striking clauses (v) through 
(ix) and inserting the following: 
‘‘(ii) For items of income with an 
amount or value of greater than $25,000, 
the amount or value of the item of income, 
rounded as follows: 
‘‘(I) For items of income with an 
amount or value of greater than 
$25,000 but not more than $100,000, 
the amount or value rounded to the 
nearest $10,000. 
‘‘(II) For items of income with 
an amount or value of greater than 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00328
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
329 
$100,000 
but 
not 
more 
than 
$1,000,000, the amount or value 
rounded to the nearest $100,000. 
‘‘(III) For items of income with 
an amount or value of greater than 
$1,000,000, the amount or value 
rounded to the nearest $1,000,000.’’; 
(B) in paragraph (3), by striking ‘‘cat-
egory of value’’ and inserting ‘‘value, in accord-
ance with subsection (d)(2),’’; and 
(C) in paragraph (4), in the matter pre-
ceding subparagraph (A), by striking ‘‘category 
of value’’ and inserting ‘‘value, in accordance 
with subsection (d)(2),’’; and 
(2) in subsection (d)— 
(A) in paragraph (1), in the matter pre-
ceding subparagraph (A), by striking ‘‘(3), (4), 
(5), and (8)’’ and inserting ‘‘(5) and (8)’’; 
(B) by redesignating paragraph (2) as 
paragraph (3); and 
(C) by inserting after paragraph (1) the 
following: 
‘‘(2) The amount or value of the items covered in 
paragraphs (3) and (4) of subsection (a) shall be reported 
as follows: 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00329
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
330 
‘‘(A) For items with an amount or value of not 
more than $25,000, which of the following categories 
the amount or value of such item is within: 
‘‘(i) Not more than $15,000. 
‘‘(ii) Greater than $15,000 but not more 
than $25,000. 
‘‘(B) For items with an amount or value of 
greater than $25,000, the amount or value of the 
item, rounded as follows: 
‘‘(i) For items with an amount or value of 
greater than $25,000 but not more than 
$100,000, the amount or value rounded to the 
nearest $10,000. 
‘‘(ii) For items with an amount or value of 
greater than $100,000 but not more than 
$1,000,000, the amount or value rounded to the 
nearest $100,000. 
‘‘(iii) For items with an amount or value 
of greater than $1,000,000, the amount or 
value rounded to the nearest $1,000,000.’’. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00330
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
331 
SEC. 602. DISCLOSURE OF PERSONAL INCOME TAX RE-
TURNS BY PRESIDENTS, VICE PRESIDENTS, 
MEMBERS OF CONGRESS, AND CERTAIN CAN-
DIDATES. 
(a) IN GENERAL.—Title I of the Ethics in Govern-
ment Act of 1978 (5 U.S.C. App.) is amended— 
(1) by inserting after section 102 the following: 
‘‘SEC. 102A. DISCLOSURE OF PERSONAL INCOME TAX RE-
TURNS BY PRESIDENTS, VICE PRESIDENTS, 
MEMBERS OF CONGRESS, AND CERTAIN CAN-
DIDATES. 
‘‘(a) DEFINITIONS.—In this section— 
‘‘(1) the term ‘covered candidate’ means an in-
dividual— 
‘‘(A) required to file a report under section 
101(c); and 
‘‘(B) who is nominated by a major party 
as a candidate for the office of President, Vice 
President, or Member of Congress; 
‘‘(2) the term ‘covered individual’ means— 
‘‘(A) a President, Vice President, or Mem-
ber of Congress required to file a report under 
subsection (a) or (d) of section 101; and 
‘‘(B) an individual who occupies the office 
of the President, Vice President, or a Member 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00331
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
332 
of Congress required to file a report under sec-
tion 101(e); 
‘‘(3) the term ‘income tax return’ means, with 
respect to any covered candidate or covered indi-
vidual, any return (within the meaning of section 
6103(b) of the Internal Revenue Code of 1986) re-
lated to Federal income taxes, but does not in-
clude— 
‘‘(A) information returns issued to persons 
other than such covered candidate or covered 
individual; and 
‘‘(B) declarations of estimated tax; and 
‘‘(4) the term ‘major party’ has the meaning 
given the term in section 9002 of the Internal Rev-
enue Code of 1986. 
‘‘(b) DISCLOSURE.— 
‘‘(1) COVERED INDIVIDUALS.— 
‘‘(A) IN GENERAL.—In addition to the in-
formation described in subsections (a) and (b) 
of section 102, a covered individual shall in-
clude in each report required to be filed under 
this title a copy of the income tax returns of the 
covered individual for— 
‘‘(i) with respect to the President or 
Vice President, the 8 most recent taxable 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00332
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
333 
years and every year the individual was in 
Federal elected office for which a return 
have been filed with the Internal Revenue 
Service as of the date on which the report 
is filed; and 
‘‘(ii) with respect to a Member of 
Congress, the 2 most recent taxable years 
and every year the individual was in Fed-
eral elected office for which a return has 
been filed with the Internal Revenue Serv-
ice as of the date on which the report is 
filed. 
‘‘(B) FAILURE
TO
DISCLOSE.—If an in-
come tax return is not disclosed under subpara-
graph (A), the Director of the Office of Public 
Integrity shall submit to the Secretary of the 
Treasury a request that the Secretary of the 
Treasury provide the Director of the Office of 
Public Integrity with a copy of the income tax 
return. 
‘‘(C) PUBLICLY AVAILABLE.—Each income 
tax return submitted under this paragraph shall 
be filed with the Director of the Office of Public 
Integrity and made publicly available in the 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00333
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
334 
same manner as the information described in 
subsections (a) and (b) of section 102. 
‘‘(D) REDACTION OF CERTAIN INFORMA-
TION.—Before making any income tax return 
submitted under this paragraph available to the 
public, the Director of the Office of Public In-
tegrity shall redact such information as the Di-
rector of the Office of Public Integrity, in con-
sultation with the Secretary of the Treasury de-
termines appropriate. 
‘‘(2) CANDIDATES.— 
‘‘(A) IN
GENERAL.—Not later than 15 
days after the date on which a covered can-
didate is nominated, the covered candidate shall 
amend the report filed by the covered candidate 
under section 101(c) with the Federal Election 
Commission to include a copy of the income tax 
returns of the covered candidate for— 
‘‘(i) with respect to a candidate for 
nomination or election to the office of 
President or Vice President, the 8 most re-
cent taxable years and every year the indi-
vidual was in Federal elected office for 
which a return has been filed with the In-
ternal Revenue Service; and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00334
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
336 
of the Treasury and the Director of the Office 
of Public Integrity, determines appropriate. 
‘‘(3) SPECIAL
RULE
FOR
SITTING
PRESI-
DENTS.—Not later than 30 days after the date of 
enactment of this section, the President shall submit 
to the Director of the Office of Public Integrity a 
copy of the income tax returns described in para-
graph (1)(A)(i).’’; and 
(2) in section 104— 
(A) in subsection (a)— 
(i) in paragraph (1), in the first sen-
tence, by inserting ‘‘, 102B, or 102C, or 
any individual who knowingly and willfully 
falsifies or who knowingly and willfully 
fails to file an income tax return that such 
individual is required to disclose pursuant 
to section 102A, 102B, or 102C’’ before 
the period; and 
(ii) in paragraph (2)(A)— 
(I) in clause (i), by inserting 
‘‘102B, or 102C, or falsify any income 
tax return that such person is re-
quired to disclose under section 102A, 
102B, or 102C’’ before the semicolon; 
and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00336
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
337 
(II) in clause (ii), by inserting 
‘‘102B, or 102C, or fail to file any in-
come tax return that such person is 
required to disclosed under section 
102A, 102B, or 102C’’ before the pe-
riod; 
(B) in subsection (b), in the first sentence 
by inserting ‘‘or willfully failed to file or has 
willfully falsified an income tax return required 
to be disclosed under section 102A, 102B, or 
102C’’ before the period; 
(C) in subsection (c), by inserting ‘‘or fail-
ing to file or falsifying an income tax return re-
quired to be disclosed under section 102A, 
102B, or 102C’’ before the period; and 
(D) in subsection (d)(1)— 
(i) in the matter preceding subpara-
graph (A), by inserting ‘‘or files an income 
tax return required to be disclosed under 
section 102A, 102B, or 102C’’ after 
‘‘title’’; and 
(ii) in subparagraph (A), by inserting 
‘‘or such income tax return, as applicable,’’ 
after ‘‘report’’. 
(b) AUTHORITY TO DISCLOSE INFORMATION.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00337
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
338 
(1) IN GENERAL.—Section 6103(l) of the Inter-
nal Revenue Code of 1986 is amended by adding at 
the end the following new paragraph: 
‘‘(23) DISCLOSURE OF RETURN INFORMATION 
OF PRESIDENTS, VICE PRESIDENTS, MEMBERS OF 
CONGRESS, AND CERTAIN CANDIDATES.— 
‘‘(A) DISCLOSURE OF RETURNS OF PRESI-
DENTS, VICE PRESIDENTS, AND MEMBERS OF 
CONGRESS.— 
‘‘(i) IN
GENERAL.—The Secretary 
shall, upon written request from the Direc-
tor of the Office of Public Integrity pursu-
ant to section 102A(b)(1)(B) of the Ethics 
in Government Act of 1978, provide to of-
ficers and employees of the Office of Public 
Integrity a copy of any income tax return 
of any President, Vice President, or Mem-
ber of Congress that is required to be filed 
under section 102A(b)(1) of such Act. 
‘‘(ii) DISCLOSURE
TO
PUBLIC.—The 
Director of the Office of Public Integrity 
may disclose to the public any income tax 
return of any President, Vice President, 
and Member of Congress that is required 
to be filed with the Director of the Office 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00338
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
339 
of Public Integrity pursuant to section 
102A(b)(1) of the Ethics in Government 
Act of 1978. 
‘‘(B) DISCLOSURE OF RETURNS OF CER-
TAIN
CANDIDATES
FOR
PRESIDENT, 
VICE 
PRESIDENT, AND MEMBERS OF CONGRESS.— 
‘‘(i) IN
GENERAL.—The Secretary 
shall, upon written request from the Chair-
man of the Federal Election Commission 
pursuant to section 102A(b)(2)(B) of the 
Ethics in Government Act of 1978, provide 
to officers and employees of the Federal 
Election Commission copies of the applica-
ble returns of any covered candidate (as 
defined in section 102A(a) of such Act). 
‘‘(ii) DISCLOSURE
TO
PUBLIC.—The 
Federal Election Commission may disclose 
to the public any applicable return of any 
covered candidate (as defined in section 
102A(a) of such Act) that is required to be 
filed with the Commission pursuant to sec-
tion 102A(b)(2) of the Ethics in Govern-
ment Act. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00339
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
340 
‘‘(iii) 
APPLICABLE
RETURNS.—For 
purposes of this paragraph, the term ‘ap-
plicable returns’ means— 
‘‘(I) with respect to any covered 
candidate for the office of President 
or Vice President, income tax returns 
for the 8 most recent taxable years 
and every year the individual was in 
Federal elected office for which a re-
turn has been filed as of the date of 
the nomination; and 
‘‘(II) with respect to any covered 
candidate for the office of Member of 
Congress, income tax returns for the 
2 most recent taxable years and every 
year the individual was in Federal 
elected office for which a return has 
been filed as of the date of the nomi-
nation.’’. 
(2) 
CONFORMING
AMENDMENTS.—Section 
6103(p)(4) of such Code, in the matter preceding 
subparagraph (A) and in subparagraph (F)(ii), is 
amended by striking ‘‘or (22)’’ and inserting ‘‘(22), 
or (23)’’ each place it appears. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00340
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
341 
SEC. 603. TRANSPARENCY RELATING TO CANDIDATES FOR 
FEDERAL OFFICE AND MEMBERS OF CON-
GRESS. 
(a) IN GENERAL.—Title I of the Ethics in Govern-
ment Act of 1978 (5 U.S.C. App.) is amended by inserting 
after section 102A, as added by section 602 of this Act, 
the following: 
‘‘SEC. 102B. DISCLOSURE RELATING TO COVERED ENTITIES 
ASSOCIATED WITH MEMBERS OF CONGRESS 
AND COVERED CANDIDATES. 
‘‘(a) DEFINITIONS.—In this section— 
‘‘(1) the term ‘close family member’, with re-
spect to a reporting individual, includes— 
‘‘(A) a parent of the reporting individual; 
‘‘(B) a spouse of the reporting individual; 
and 
‘‘(C) an adult child of the reporting indi-
vidual; 
‘‘(2) the term ‘covered candidate’ has the mean-
ing given the term in section 102A(a); 
‘‘(3) the term ‘covered entity’ means a corpora-
tion, company, firm, partnership, or other business 
enterprise; 
‘‘(4) the term ‘gross receipts’ has the meaning 
given the term in section 993(f) of the Internal Rev-
enue Code of 1986; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00341
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
342 
‘‘(5) the term ‘income tax return’ has the 
meaning given the term in section 102A(a); 
‘‘(6) the term ‘Member of Congress’ means— 
‘‘(A) a Member of Congress required to file 
a report under subsection (a) or (d) of section 
101; and 
‘‘(B) an individual who occupies the office 
of Member of Congress and is required to file 
a report under section 101(e); and 
‘‘(7) the term ‘reporting individual’ means— 
‘‘(A) a covered candidate; or 
‘‘(B) a Member of Congress. 
‘‘(b) DISCLOSURE.— 
‘‘(1) MEMBERS OF CONGRESS.— 
‘‘(A) IN GENERAL.—On and after the date 
that is 180 days after the date on which the Di-
rector of the Office of Public Integrity, in con-
sultation with the Federal Election Commission, 
promulgates regulations under paragraph (3), 
in addition to the information described in sub-
sections (a) and (b) of section 102, a Member 
of Congress shall include in each report re-
quired to be filed under this title, with respect 
to the 2 most recent taxable years and every 
year the Member of Congress was in Federal 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00342
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
343 
elected office for which an income tax return 
has been filed with the Internal Revenue Serv-
ice as of the date on which the report is filed— 
‘‘(i) a statement of the name of any 
covered entity— 
‘‘(I) in which the Member of 
Congress has a significant direct or 
indirect ownership interest; and 
‘‘(II) that has gross receipts that 
meet or exceed the threshold value es-
tablished by regulations promulgated 
pursuant to paragraph (3); 
‘‘(ii) a copy of any income tax return 
filed by a covered entity described in clause 
(i) for any taxable year ending with or 
within such years; and 
‘‘(iii) in the case of a covered entity 
described in clause (i) that is a privately 
owned or closely held covered entity, a 
statement of— 
‘‘(I) each— 
‘‘(aa) asset of the covered 
entity; and 
‘‘(bb) liability of the covered 
entity; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00343
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
344 
‘‘(II) all— 
‘‘(aa) income from sources 
within the United States, as de-
scribed in section 861 of the In-
ternal Revenue Code of 1986; 
and 
‘‘(bb) income from sources 
without the United States, as de-
scribed in section 862 of the In-
ternal Revenue Code of 1986; 
‘‘(III) the name of each co-owner 
or co-member of the covered entity; 
and 
‘‘(IV) for any co-owner or co- 
member described in subclause (III) 
that is not a natural person, the name 
of each natural person that controls, 
directly or indirectly, the co-owner or 
co-member. 
‘‘(B) CLOSE FAMILY MEMBERS.—In addi-
tion to the information described in subpara-
graph (A), the Director of the Office of Public 
Integrity may, on a case-by-case basis and in 
accordance with the regulations promulgated 
under paragraph (3), require that a Member of 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00344
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
345 
Congress include in each report required to be 
filed under this title by the Member of Congress 
the information described in subparagraph (A) 
with respect to any covered entity— 
‘‘(i) in which a close family member of 
the Member of Congress has a significant 
direct or indirect ownership interest; and 
‘‘(ii) that has gross receipts that meet 
or exceed the threshold value established 
by regulations promulgated pursuant to 
paragraph (3). 
‘‘(C) FAILURE
TO
DISCLOSE.—If an in-
come tax return is not disclosed under subpara-
graph (A)(ii), the Director of the Office of Pub-
lic Integrity shall submit to the Secretary of the 
Treasury a request that the Secretary of the 
Treasury provide the Director of the Office of 
Public Integrity with a copy of the income tax 
return. 
‘‘(D) PUBLICLY AVAILABLE.—All informa-
tion, including any income tax return, described 
in this subsection required to be included in a 
report under this title shall be filed with the Di-
rector of the Office of Public Integrity and 
made publicly available in the same manner as 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00345
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
346 
the information described in subsections (a) and 
(b) of section 102. 
‘‘(E) REDACTION OF CERTAIN INFORMA-
TION.— 
‘‘(i) IN
GENERAL.—Before making 
any information, including any income tax 
return, described in this paragraph re-
quired to be included in a report under 
this title available to the public, the Direc-
tor of the Office of Public Integrity shall 
redact— 
‘‘(I) if the information contained 
in the report contains a trade secret 
the disclosure of which is likely to 
cause substantial harm to the com-
petitive position of the covered entity 
to which the information contained in 
the report pertains, the information 
relating to the trade secret; and 
‘‘(II) such information as the Di-
rector of the Office of Public Integ-
rity, in consultation with the Sec-
retary of the Treasury, determines ap-
propriate. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00346
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
347 
‘‘(ii) REQUEST
FOR
REDACTION.—A 
Member of Congress submitting a report 
under this title that contains information, 
including any income tax return, described 
in this paragraph that contains a trade se-
cret described in clause (i)(I) may request 
that the Director of the Office of Public 
Integrity redact the information relating to 
the trade secret. 
‘‘(2) CANDIDATES.— 
‘‘(A) IN GENERAL.—On and after the date 
that is 180 days after the date on which the Di-
rector of the Office of Public Integrity, in con-
sultation with the Federal Election Commission, 
promulgates regulations under paragraph (3), 
not later than 15 days after the date on which 
a covered candidate is nominated, the covered 
candidate shall amend the report filed by the 
covered candidate under section 101(c) with the 
Federal Election Commission to include, with 
respect to the years described in subparagraph 
(B)— 
‘‘(i) a statement of the name of any 
covered entity— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00347
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
348 
‘‘(I) in which the covered can-
didate has a significant direct or indi-
rect ownership interest; and 
‘‘(II) that has gross receipts that 
meet or exceed the threshold value es-
tablished by regulations promulgated 
pursuant to paragraph (3); 
‘‘(ii) a copy of any income tax return 
filed by a covered entity described in clause 
(i) for any taxable year ending with or 
within such years; and 
‘‘(iii) in the case of a covered entity 
described in clause (i) that is a privately 
owned or closely held covered entity, a 
statement of— 
‘‘(I) each— 
‘‘(aa) asset of the covered 
entity; and 
‘‘(bb) liability of the covered 
entity; 
‘‘(II) all— 
‘‘(aa) income from sources 
within the United States, as de-
scribed in section 861 of the In-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00348
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
349 
ternal Revenue Code of 1986; 
and 
‘‘(bb) income from sources 
without the United States, as de-
scribed in section 862 of the In-
ternal Revenue Code of 1986; 
‘‘(III) the name of each co-owner 
or co-member of the covered entity; 
and 
‘‘(IV) for any co-owner or co- 
member described in subclause (III) 
that is not a natural person, the name 
of each natural person that controls, 
directly or indirectly, the co-owner or 
co-member. 
‘‘(B) APPLICABLE YEARS.—The years de-
scribed in this subparagraph are as follows: 
‘‘(i) In the case of a report filed under 
section 101(c) by a covered candidate for 
the office of President or Vice President, 
the 8 years preceding the date on which 
the report is filed. 
‘‘(ii) In the case of a report filed 
under section 101(c) by a covered can-
didate for the office of Member of Con-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00349
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
350 
gress, the 2 years preceding the date on 
which the report is filed. 
‘‘(C) CLOSE FAMILY MEMBERS.—In addi-
tion to the information described in subpara-
graph (A), the Federal Election Commission 
may, on a case-by-case basis and in accordance 
with the regulations promulgated under para-
graph (3), require that a covered candidate in-
clude in each report required to be filed under 
section 101(c) by the covered candidate the in-
formation described in subparagraph (A) with 
respect to any covered entity— 
‘‘(i) in which a close family member of 
the covered candidate has a significant di-
rect or indirect ownership interest; and 
‘‘(ii) that has gross receipts that meet 
or exceed the threshold value established 
by regulations promulgated pursuant to 
paragraph (3). 
‘‘(D) FAILURE
TO
DISCLOSE.—If an in-
come tax return is not disclosed under subpara-
graph (A)(ii), the Chairman of the Federal 
Election Commission shall submit to the Sec-
retary of the Treasury a request that the Sec-
retary of the Treasury provide the Federal 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00350
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
351 
Election Commission with a copy of the income 
tax return. 
‘‘(E) PUBLICLY AVAILABLE.—All informa-
tion, including any income tax return, described 
in this subsection required to be included in a 
report under section 101(c) shall be filed with 
the Federal Election Commission and made 
publicly available in the same manner as the in-
formation described in subsections (a) and (b) 
of section 102. 
‘‘(F) REDACTION
OF
CERTAIN
INFORMA-
TION.— 
‘‘(i) IN
GENERAL.—Before making 
any information, including any income tax 
return, described in this paragraph re-
quired to be included in a report under 
section 101(c) available to the public, the 
Federal Election Commission shall re-
dact— 
‘‘(I) if the information contained 
in the report contains a trade secret 
the disclosure of which is likely to 
cause substantial harm to the com-
petitive position of the covered entity 
to which the information contained in 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00351
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
352 
the report pertains, the information 
relating to the trade secret; and 
‘‘(II) such information as the 
Federal Election Commission, in con-
sultation with the Secretary of the 
Treasury, determines appropriate. 
‘‘(ii) REQUEST
FOR
REDACTION.—A 
covered candidate submitting a report 
under section 101(c) that contains infor-
mation, including any income tax return, 
described in this paragraph that contains a 
trade secret described in clause (i)(I) may 
request that the Federal Election Commis-
sion redact the information relating to the 
trade secret. 
‘‘(3) REGULATIONS.—Not later than 120 days 
after the date of enactment of this section, the Di-
rector of the Office of Public Integrity shall, in con-
sultation with the Federal Elections Commission, 
promulgate regulations to— 
‘‘(A) establish each threshold value for 
purposes of— 
‘‘(i) subparagraphs (A)(i)(II) and 
(B)(ii) of paragraph (1); and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00352
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
353 
‘‘(ii) subparagraphs (A)(i)(II) and 
(C)(ii) of paragraph (2); 
‘‘(B) define the term ‘significant direct or 
indirect interest’; 
‘‘(C) ensure that information described in 
this subsection that is required to be contained 
in a report filed under this title does not— 
‘‘(i) disclose any trade secret that is 
likely to cause substantial harm to the 
competitive position of the covered entity 
to which it pertains; or 
‘‘(ii) violate the privacy of any indi-
vidual who is not the reporting individual 
who files the report; and 
‘‘(D) prescribe appropriate circumstances 
in which to require a Member of Congress or 
covered candidate to provide information under 
paragraph (1)(B) or (2)(C). 
‘‘SEC. 102C. DISCLOSURE RELATING TO COVERED ORGANI-
ZATIONS ASSOCIATED WITH COVERED CAN-
DIDATES. 
‘‘(a) DEFINITIONS.—In this section— 
‘‘(1) the term ‘covered candidate’ has the mean-
ing given the term in section 102A(a); 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00353
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
354 
‘‘(2) the term ‘covered organization’ means an 
organization required to— 
‘‘(A) file an income tax return under sec-
tion 6033 of the Internal Revenue Code of 
1986; and 
‘‘(B) include information under subsection 
(e) thereof; 
‘‘(3) the term ‘income tax return’ has the 
meaning given the term in section 102A(a); and 
‘‘(4) the term ‘key employee’ means— 
‘‘(A) an individual who is 1 of the 5 indi-
viduals receiving the highest amount of com-
pensation paid by a covered organization; or 
‘‘(B) an individual receiving compensation 
paid by a covered organization in an amount 
that exceeds $100,000. 
‘‘(b) DISCLOSURE.— 
‘‘(1) IN
GENERAL.—Not later than 15 days 
after the date on which a covered candidate is nomi-
nated, the covered candidate shall amend the report 
filed by the covered candidate under section 101(c) 
with the Federal Election Commission to include— 
‘‘(A) a statement identifying each covered 
organization of which the covered candidate has 
been an officer, director, trustee, board mem-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00354
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
355 
ber, or key employee during the 2 years pre-
ceding the date on which the report is filed; and 
‘‘(B) for each covered organization identi-
fied under subparagraph (A), a copy of each in-
come tax return required to be filed by the cov-
ered organization under section 6033 of the In-
ternal Revenue Code of 1986 for each taxable 
year ending with or within any taxable years 
described in subparagraph (A) in which the cov-
ered candidate was an officer, director, trustee, 
board member, or key employee of the covered 
organization. 
‘‘(2) FAILURE TO DISCLOSE.—If an income tax 
return is not disclosed under paragraph (1)(B), the 
Federal Election Commission shall submit to the 
Secretary of the Treasury a request that the Sec-
retary of the Treasury provide the Federal Election 
Commission with the income tax return. 
‘‘(3) PUBLICLY AVAILABLE.— 
‘‘(A) IN
GENERAL.—All information, in-
cluding any income tax return, described in this 
subsection required to be included in a report 
under section 101(c) shall be filed with the 
Federal Election Commission and made publicly 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00355
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
356 
available in the same manner as the informa-
tion described in section 102(b). 
‘‘(B) INCOME TAX RETURNS.—The Direc-
tor of the Office of Public Integrity shall make 
a copy of each income tax return described in 
paragraph (1)(B) included in a report filed 
under section 101(c) publicly available on the 
website described in section 402(b)(19) until— 
‘‘(i) the date on which the reporting 
individual ceases to be a covered candidate; 
or 
‘‘(ii) if the reporting individual is 
elected to the office for which the reporting 
individual was a covered candidate, the 
date on which the reporting individual 
ceases to serve in the office for which the 
reporting individual was a covered can-
didate. 
‘‘(4) REDACTION.—Before making any informa-
tion, including any income tax return, described in 
this subsection required to be included in a report 
under section 101(c) available to the public, the 
Federal Election Commission shall redact such infor-
mation as the Federal Election Commission, in con-
sultation with the Secretary of the Treasury and the 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00356
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
357 
Director of the Office of Public Integrity, determines 
appropriate.’’. 
(b) AUTHORITY TO DISCLOSE INFORMATION.—Para-
graph (23) of section 6103(l) of the Internal Revenue 
Code of 1986, as added by section 602, is amended by 
adding at the end the following new subparagraphs: 
‘‘(C) DISCLOSURE OF RETURNS OF COV-
ERED
ENTITIES
ASSOCIATED
WITH
MEMBERS 
OF CONGRESS AND COVERED CANDIDATES.— 
‘‘(i) IN GENERAL.— 
‘‘(I) COVERED ENTITIES ASSOCI-
ATED
WITH
MEMBERS
OF
CON-
GRESS.—The Secretary shall, upon 
written request from the Director of 
the Office of Public Integrity pursu-
ant to section 102B(b)(1)(C) of the 
Ethics in Government Act of 1978 
provide to officers and employees of 
the Office of Public Integrity a copy 
of any income tax return of a covered 
entity (as defined in section 102B(a) 
of such Act) that relates to a year de-
scribed in section 102B(b)(1)(A) of 
such Act and is required to be filed 
under section 102B(b) of such Act. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00357
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
358 
‘‘(II) COVERED ENTITIES ASSOCI-
ATED WITH COVERED CANDIDATES.— 
The Secretary shall, upon written re-
quest from the Chairman of the Fed-
eral Election Commission pursuant to 
section 102B(b)(2)(D) of the Ethics 
in Government Act of 1978 provide to 
officers and employees of the Federal 
Election Commission a copy of any in-
come tax return of a covered entity 
(as defined in section 102B(a) of such 
Act) that relates to a year described 
in section 102B(b)(2)(B) of such Act 
and is required to be filed under sec-
tion 102B(b) of such Act. 
‘‘(ii) DISCLOSURE
TO
PUBLIC.—The 
Director of the Office of Public Integrity 
and the Chairman of the Federal Election 
Commission may disclose to the public the 
income tax return of any covered entity (as 
so defined) that is required to be filed pur-
suant to section 102B(b) of the Ethics in 
Government Act of 1978. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00358
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
359 
‘‘(D) DISCLOSURE OF RETURNS OF COV-
ERED ORGANIZATIONS ASSOCIATED WITH COV-
ERED CANDIDATES.— 
‘‘(i) IN
GENERAL.—The Secretary 
shall, upon written request from the Chair-
man of the Federal Election Commission 
pursuant to section 102C(b)(2) of the Eth-
ics in Government Act of 1978, provide to 
officers and employees of the Federal Elec-
tion Commission copies of any income tax 
return required to be filed under section 
6033 by an organization described in 
clause (iii) for any year taxable year end-
ing with or within the period described in 
section 102C(b)(1)(B) of such Act. 
‘‘(ii) DISCLOSURE
TO
PUBLIC.—The 
Federal Election Commission may disclose 
to the public income tax returns of any or-
ganization described in clause (iii) that is 
required to be filed with the Commission 
pursuant to section 102C(b) of the Ethics 
in Government Act of 1978. 
‘‘(iii) ORGANIZATION
DESCRIBED.— 
An organization is described in this clause 
if such organization is a covered organiza-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00359
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
360 
tion (as defined in section 102C(a) of the 
Ethics in Government Act of 1978) of 
which a person who has been nominated as 
a covered candidate (as defined in section 
102A(a) of such Act) has been an officer, 
director, trustee, board member, or key 
employee (as defined in section 102C(a) of 
such Act) during the period described in 
section 102C(b)(1)(A) of such Act.’’. 
(c) PROVISION OF FINANCIAL DISCLOSURES TO THE 
FEDERAL ELECTION COMMISSION.—Section 103(j) of the 
Ethics in Government Act of 1978 (5 U.S.C. App.) is 
amended— 
(1) in paragraph (1), by adding at the end the 
following: ‘‘In the case of a report filed under this 
title with the Clerk of the House of Representatives 
by a covered candidate, as defined in section 
102A(a), a copy of the report shall also be sent by 
the Clerk to the Federal Election Commission within 
the 7-day period beginning on the day the report is 
filed.’’; and 
(2) in paragraph (2), by adding at the end the 
following: ‘‘In the case of a report filed under this 
title with the Secretary of the Senate by a covered 
candidate, as defined in section 102A(a), a copy of 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00360
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
361 
the report shall also be sent by the Secretary to the 
Federal Election Commission within the 7-day pe-
riod beginning on the day the report is filed.’’. 
Subtitle B—Think Tank, Nonprofit, 
and Advocate Transparency 
SEC. 611. AMENDMENTS TO THE LOBBYING DISCLOSURE 
ACT OF 1995. 
(a) ENFORCEMENT REPORT.—Section 6(b) of the 
Lobbying Disclosure Act of 1995 (2 U.S.C. 1605(b)) is 
amended— 
(1) by striking paragraph (1) and inserting the 
following: 
‘‘(1) REPORTS.— 
‘‘(A) IN
GENERAL.—Subject to subpara-
graph (B), after the end of each semiannual pe-
riod beginning on January 1 and July 1, the 
Attorney General, in consultation with the Di-
rector of the Office of Public Integrity, shall 
submit to each congressional committee referred 
to in paragraph (2) a report that includes, for 
that semiannual period a statement of— 
‘‘(i) the aggregate number of enforce-
ment actions taken by the Department of 
Justice under this Act; and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00361
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
362 
‘‘(ii) by case, any sentence or fine im-
posed in each such enforcement action. 
‘‘(B) INFORMATION NOT ALREADY A MAT-
TER OF PUBLIC RECORD.—A report submitted 
under subparagraph (A) may not include the 
name of any individual, or any personally iden-
tifiable information, that is not already a mat-
ter of public record, as of the date on which the 
report is submitted.’’; and 
(2) in paragraph (2)— 
(A) by striking ‘‘paragraph (1)’’ and in-
serting ‘‘paragraph (1)(A)’’; and 
(B) by inserting ‘‘and the Committee on 
Oversight and Government Reform’’ after 
‘‘Committee on the Judiciary’’. 
(b) REPORTS BY THINK TANK, NONPROFIT, AND AD-
VOCACY GROUPS.—The Lobbying Disclosure Act of 1995 
(2 U.S.C. 1601 et seq.) is amended— 
(1) by redesignating sections 6 through 28 (2 
U.S.C. 1605 et seq.), as amended by title II of this 
Act, as sections 7 through 29, respectively; and 
(2) by inserting after section 5 (2 U.S.C. 1604) 
the following: 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00362
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
363 
‘‘SEC. 6. REPORTS BY THINK TANK, NONPROFIT, AND ADVO-
CACY GROUPS. 
‘‘(a) DEFINITION.—In this section— 
‘‘(1) the term ‘covered organization’ means any 
organization— 
‘‘(A) that is described in paragraph (3), 
(4), or (6) of section 501(c) of the Internal 
Revenue Code of 1986 and exempt from tax 
under section 501(a) of such Code; and 
‘‘(B) that— 
‘‘(i) engages in lobbying activities; or 
‘‘(ii) is a client; and 
‘‘(2) the term ‘covered product’ means any com-
munication that is— 
‘‘(A) made to a covered legislative branch 
official or covered executive branch official in 
the course of any lobbying contact by, or on be-
half of, a covered organization; 
‘‘(B) testimony— 
‘‘(i) given by, or on behalf of, a cov-
ered organization before a committee, sub-
committee, or task force of Congress; or 
‘‘(ii) submitted by, or on behalf of, a 
covered organization for inclusion in the 
public record of a hearing conducted by 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00363
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
364 
such committee, subcommittee, or task 
force; or 
‘‘(C) made by, or on behalf of, a covered 
organization in response to a notice in the Fed-
eral Register, Commerce Business Daily, or 
other similar publication soliciting communica-
tions from the public and directed to the agency 
official specifically designated in the notice to 
receive such communications. 
‘‘(b) REPORTS.—Not later than 1 year after the date 
of enactment of this section, and not later than January 
30th of each year thereafter, or on the first business day 
after January 30th if January 30th is not a business day, 
each covered organization shall submit to the Director of 
the Office of Public Integrity a report for the preceding 
calendar year that includes, with respect to each covered 
product made or given by, or on behalf of, the covered 
organization during that year— 
‘‘(1) the name of each donor who donated any 
amount that was— 
‘‘(A) used to pay the cost of making or giv-
ing the covered product; and 
‘‘(B) donated with the intention of sup-
porting any lobbying activity by the covered or-
ganization; and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00364
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
365 
‘‘(2) a statement of whether, before the date on 
which the covered product was made or given, any 
existing or potential donor to the covered organiza-
tion previewed, commented on, reviewed, or edited 
the covered product. 
‘‘(c) DISCLOSURE.—The information required to be 
submitted with respect to a covered product under sub-
section (b)(2) shall be included on or with that covered 
product.’’. 
(c) TECHNICAL AND CONFORMING AMENDMENT.— 
Section 25(b) of the Lobbying Disclosure Act of 1995, as 
so redesignated, is amended, in the matter preceding para-
graph (1), by striking ‘‘9, 10, 11, and 12’’ and inserting 
‘‘10, 11, 12, and 13’’. 
SEC. 612. AMENDMENTS TO THE INTERNAL REVENUE CODE 
OF 1986. 
(a) INCLUSION OF LOBBYING INFORMATION ON AN-
NUAL RETURNS OF CHARITABLE ORGANIZATIONS.—Sec-
tion 6033(b)(5) of the Internal Revenue Code of 1986 is 
amended— 
(1) by striking ‘‘and’’ before ‘‘the names’’; and 
(2) by inserting ‘‘and, if it engages in lobbying 
activities (as defined in section 3 of the Lobbying 
Disclosure Act of 1995) or is a client (as defined in 
such section), a statement of whether any such con-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00365
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
366 
tribution was intended to support any lobbying activ-
ity (as so defined) or lobbying contact (as defined in 
such section) by or on behalf of it, and, if so, a de-
scription of such lobbying activity or lobbying con-
tact’’ after ‘‘substantial contributors,’’. 
(b) EFFECTIVE DATE.—The amendments made by 
this section shall apply to returns required to be filed for 
taxable years ending on or after the date that is 1 year 
after the date of the enactment of this Act. 
Subtitle C—Strengthening FOIA 
Enforcement 
SEC. 621. STRENGTHENING FOIA ENFORCEMENT. 
(a) IN GENERAL.—Section 552 of title 5, United 
States Code (commonly known as the ‘‘Freedom of Infor-
mation Act’’) is amended— 
(1) in subsection (a)— 
(A) in paragraph (4)— 
(i) in subparagraph (B), in the first 
sentence— 
(I) by striking ‘‘and to order’’ 
and inserting ‘‘, to order’’; and 
(II) by inserting before the pe-
riod at the end the following: ‘‘, to 
order an agency to make available for 
public inspection, including by posting 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00366
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
367 
electronically, the records described in 
paragraph (2), to make available to 
the public on the website of the agen-
cy the records described in subsection 
(p), and to award other appropriate 
equitable relief’’; and 
(ii) in subparagraph (F)(i), in the 
first sentence— 
(I) by inserting ‘‘, orders an 
agency to make available for public in-
spection, including by posting elec-
tronically, the records described in 
paragraph (2), or orders an agency to 
make available to the public on the 
website of the agency the records de-
scribed in subsection (p),’’ after ‘‘im-
properly withheld from the complain-
ant’’; and 
(II) by inserting ‘‘or unavail-
ability of records’’ after ‘‘the with-
holding’’ each place that term ap-
pears; and 
(B) in paragraph (6), by adding at the end 
the following: 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00367
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
368 
‘‘(G)(i) Notwithstanding any determination 
made under subparagraph (A)(i), or any appeal to 
such a determination under subparagraph (A)(ii), 
the Office of Government Information Services es-
tablished under subsection (h) shall require an agen-
cy to comply with a request for records made under 
paragraph (1), (2), or (3), or any other requirement 
of this subsection, if the Office determines that the 
agency has not reasonably and impartially complied 
with the requirements of this subsection. 
‘‘(ii) If the Office makes a determination under 
clause (i) that an agency has not reasonably or im-
partially complied with a request for records made 
under paragraph (1), (2), or (3), or any other re-
quirement of this subsection, and requires the agen-
cy to comply with that request or requirement, the 
Office shall make available to the public on the 
website of the Office that determination and any re-
sponse and regular update by the agency of compli-
ance by the agency. 
‘‘(iii) Nothing in clause (i) or (ii) shall be con-
strued to prevent or restrict the ability of an indi-
vidual to bring a suit to compel the disclosure of 
records under this section.’’; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00368
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
369 
(2) in subsection (d), by inserting ‘‘any Member 
of’’ before ‘‘Congress’’; 
(3) in subsection (h)(3)— 
(A) by inserting ‘‘(A)’’ before ‘‘The Of-
fice’’; and 
(B) by adding at the end the following: 
‘‘(B) The Director of the Office of Public Integ-
rity, or a designee of the Director, may submit a 
non-binding recommendation to the Office of Gov-
ernment Information Services regarding the disclo-
sure of information under this section during a me-
diation service provided under subparagraph (A).’’; 
and 
(4) by adding at the end the following: 
‘‘(n) Each agency shall maintain and make available 
through a single website, which may be the website de-
scribed in subsection (m) and shall be managed by the 
Office of Public Integrity, an agency record database 
that— 
‘‘(1) contains a log of the status of each open 
request for records from the agency under this sec-
tion; and 
‘‘(2) makes each request for records under this 
section with which the agency complies available in 
a format that is searchable, sortable, machine-read-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00369
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
370 
able, and downloadable not later than 60 days after 
the date on which the request is first received by the 
agency.’’. 
SEC. 622. EXEMPTIONS FROM DISCLOSURE. 
(a) IN GENERAL.—Section 552(b) of title 5, United 
States Code, is amended— 
(1) in paragraph (3)(B), by inserting ‘‘with an 
explanation for the exemption’’ after ‘‘specifically 
cites to this paragraph’’; 
(2) in paragraph (4), by inserting before the 
semicolon at the end the following: ‘‘, only if disclo-
sure of the commercial or financial information is 
likely to cause substantial harm to the competitive 
position of the person from whom the information 
was obtained’’; 
(3) in paragraph (5)— 
(A) by striking ‘‘provided that the delibera-
tive process privilege shall not apply to records 
created 25 years or more before the date on 
which the records were requested’’ and insert-
ing ‘‘and excluding— 
‘‘(A) any opinion that is a controlling interpre-
tation of law; 
‘‘(B) any final report or memorandum created 
by an entity other than the agency, including other 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00370
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
371 
Governmental entities, at the request of the agency 
and used to make a final policy decision; 
‘‘(C) any guidance document used by the agen-
cy to respond to the public; and 
‘‘(D) any record created not less than 25 years 
before the date on which the records were re-
quested’’; 
(4) in paragraph (6), by striking ‘‘similar files’’ 
and inserting ‘‘personal information, such as per-
sonal contact information or personal financial infor-
mation,’’; 
(5) in paragraph (7)— 
(A) in subparagraph (E)— 
(i) by inserting a comma before ‘‘if 
such’’; and 
(ii) by inserting ‘‘and the record or in-
formation was created less than 25 years 
before the date on which the records were 
requested’’ after ‘‘circumvention of the 
law’’; and 
(B) by adding ‘‘or’’ at the end; 
(6) by striking paragraph (8); 
(7) by redesignating paragraph (9) as para-
graph (8); and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00371
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
372 
(8) in the flush text following paragraph (8), as 
so redesignated— 
(A) by inserting before ‘‘Any reasonably 
segregable portion’’ the following: ‘‘An agency 
may not withhold information under this sub-
section unless the agency reasonably foresees 
that disclosure would cause specific identifiable 
harm to an interest protected by an exemption, 
or if disclosure is prohibited by law.’’; and 
(B) by inserting before ‘‘If technically fea-
sible,’’ the following: ‘‘For each record withheld 
in whole or in part under paragraph (3), the 
agency shall identify the statute that exempts 
the record from disclosure.’’. 
(b) TECHNICAL AND CONFORMING AMENDMENTS.— 
(1) 
ENERGY
POLICY
AND
CONSERVATION 
ACT.—Section 254(a)(2)(A) of the Energy Policy 
and Conservation Act (42 U.S.C. 6274(a)(2)(A)) is 
amended 
by 
striking 
‘‘(b)(9)’’ 
and 
inserting 
‘‘(b)(8)’’. 
(2) FEDERAL
CREDIT
UNION
ACT.—Section 
216(j)(3)(A) of the Federal Credit Union Act (12 
U.S.C. 1790d(j)(3)(A)) is amended— 
(A) by striking ‘‘; or’’ and all that follows 
and inserting a period; and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00372
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
373 
(B) by striking ‘‘excising’’ and all that fol-
lows through ‘‘any portion’’ and inserting ‘‘ex-
cising any portion’’. 
(3) SECURITIES EXCHANGE ACT OF 1934.—Sec-
tion 24 of the Securities Exchange Act of 1934 (15 
U.S.C. 78x) is amended— 
(A) in subsection (d), by striking ‘‘(g)’’ 
and inserting ‘‘(f)’’; 
(B) by striking subsection (e); and 
(C) by redesignating subsections (f) and 
(g) as subsections (e) and (f), respectively. 
SEC. 623. PUBLIC INTEREST BALANCING TEST. 
Section 552 of title 5, United States Code (commonly 
known as the ‘‘Freedom of Information Act’’), as amended 
by this subtitle, is amended— 
(1) in subsection (b), in the matter preceding 
paragraph (1), by striking ‘‘This section’’ and in-
serting ‘‘Subject to subsection (o), this section’’; and 
(2) by adding at the end the following: 
‘‘(o)(1) Notwithstanding the applicability of an ex-
emption from disclosure under subsection (b), an agency 
shall make available a record or any segregable portion 
of a record if the public interest in disclosure clearly out-
weighs the interest protected by the exemption. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00373
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
374 
‘‘(2) In evaluating the public interest in disclosing a 
record or a portion of a record under paragraph (1), an 
agency and courts shall consider— 
‘‘(A) the extent to which access to the record 
will further public understanding of the operations 
or decision making of an agency or Government offi-
cial; 
‘‘(B) the extent to which the age of the record 
diminishes the rationale for withholding the record; 
‘‘(C) any reasonable suspicion of governmental 
wrongdoing; 
‘‘(D) the importance of the record to the public 
in order for the public to make informed decisions 
with respect to the electoral and democratic process; 
and 
‘‘(E) any other factors that the agency or court 
determines necessary.’’. 
SEC. 624. AFFIRMATIVE DISCLOSURE OF AGENCY RECORDS 
ON WEBSITE. 
Section 552 of title 5, United States Code (commonly 
known as the ‘‘Freedom of Information Act’’), as amended 
by this subtitle, is amended by adding at the end the fol-
lowing: 
‘‘(p)(1) Each agency shall make available to the pub-
lic on the website of the agency— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00374
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
375 
‘‘(A) information relating to each advisory com-
mittee (as defined in section 3 of the Federal Advi-
sory Committee Act (5 U.S.C. App.)) of the agency, 
including— 
‘‘(i) the charter of the advisory committee 
and a description of the activities of the advi-
sory committee; 
‘‘(ii) the name and basic biography of each 
member of the advisory committee, and any 
conflict of interest, ethics waiver, or recusal in-
formation relating to each member; 
‘‘(iii) the meeting agendas, minutes, tran-
scripts, and any recordings of the advisory com-
mittee; 
‘‘(iv) any upcoming events of the advisory 
committee; 
‘‘(v) timelines of any ongoing advisory 
committee work; and 
‘‘(vi) a full list of nominated members of 
the advisory committee and the final selected 
membership of the advisory committee; 
‘‘(B) information relating to Federal contracts 
of the agency, including— 
‘‘(i) a copy of each contract, task, and de-
livery order; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00375
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
376 
‘‘(ii) information on past performance of 
contractors, if available; and 
‘‘(iii) except for information that is exempt 
from disclosure under subsection (b)(4), all cor-
respondence and documents related to the pro-
vision of services to the Federal Government by 
contractors earning— 
‘‘(I) $10,000,000 during a 1-year pe-
riod under a Federal contract or license; or 
‘‘(II) more than 20 percent of total 
revenue of the contractor from Federal 
sources; 
‘‘(C) ethics documents maintained by the Office 
of Public Integrity, including— 
‘‘(i) final submissions of ethics paperwork 
for an individual in a position on any level of 
the Executive Schedule under subchapter II of 
chapter 53 of this title; 
‘‘(ii) waivers; and 
‘‘(iii) any document granting a recusal on 
a specific issue for an individual in a position 
on any level of the Executive Schedule under 
subchapter II of chapter 53 of this title; 
‘‘(D) basic employee organizational charts and 
office contact information, including— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00376
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
377 
‘‘(i) charts that minimally include the 
names, job titles, and salaries of all noncareer 
appointees and career appointees, as defined in 
section 3132 of this title; and 
‘‘(ii) front office contact information for 
every office within the agency; 
‘‘(E) each communication sent to Congress or 
to a committee of Congress, including— 
‘‘(i) congressional testimony; 
‘‘(ii) each unclassified report submitted to 
Congress, as required by statute; and 
‘‘(iii) each response to questions for con-
gressional hearing records, provided that the re-
sponse does not include individual casework or 
constituent information; and 
‘‘(F) human resources data of the agency, in 
the aggregate, including— 
‘‘(i) the number of involuntary transfers, 
hires, and voluntary and involuntary departures 
each quarter; and 
‘‘(ii) information on the racial, ethnic, and 
gender diversity with respect to hires, depar-
tures, and involuntary transfers. 
‘‘(2) If an agency is unable to maintain a website de-
scribed in paragraph (1) due to resource constraints, the 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00377
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
378 
agency shall submit the information required to be made 
available under paragraph (1) to the Director of the Office 
of Public Integrity, who shall make the information avail-
able on a website managed by the Office of Public Integ-
rity, such as the website described in subsection (m).’’. 
SEC. 625. APPLICABILITY. 
This subtitle and the amendments made by this sub-
title shall apply on and after the date of enactment of this 
Act. 
Subtitle D—Federal Contractor 
Transparency 
SEC. 631. EXPANDING APPLICABILITY OF THE FREEDOM OF 
INFORMATION ACT TO FEDERAL CONTRAC-
TORS. 
(a) DEFINITION OF AGENCY.—In this section, the 
term ‘‘agency’’ has the meaning given the term in section 
552(f) of title 5, United States Code. 
(b) APPLICABILITY OF FOIA.—A record relating to 
a Federal contractor, including a record relating to a non- 
Federal prison, correctional, or detention facility, pro-
duced during fulfillment of the Federal contract with an 
agency with funds provided under the contract shall be— 
(1) considered a record for purposes of section 
552(f)(2) of title 5, United States Code, whether in 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00378
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
379 
the possession of the Federal contractor or an agen-
cy; and 
(2) subject to section 552 of title 5, United 
States Code (commonly known as the ‘‘Freedom of 
Information Act’’), to the same extent as if the 
record was maintained by an agency. 
(c) WITHHOLDING
OF INFORMATION.—An agency 
may not withhold information that would otherwise be re-
quired to be disclosed under subsection (b) unless— 
(1) the agency, based on the independent as-
sessment of the agency, reasonably foresees that dis-
closure of the information would cause specific iden-
tifiable harm to an interest protected by an exemp-
tion from disclosure under section 552(b) of title 5, 
United States Code; or 
(2) disclosure of the information is prohibited 
by law. 
(d) REGULATIONS.— 
(1) IN GENERAL.—An agency may promulgate 
regulations or guidance to ensure compliance with 
this section by the agency and Federal contractors. 
(2) 
COMPLIANCE
BY
FEDERAL
CONTRAC-
TORS.— 
(A) IN
GENERAL.—Compliance with this 
section by an applicable entity shall be included 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00379
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
380 
as a material term in any contract, agreement, 
or renewal of a contract or agreement between 
the agency and the Federal contractor. 
(B) MODIFICATION
OF
CONTRACT
OR 
AGREEMENT.—Not later than 1 year after the 
date of enactment of this Act, an agency shall 
secure a modification to include compliance 
with this section by a Federal contractor as a 
material term in any contract or agreement de-
scribed under subparagraph (A) that will not 
otherwise be renegotiated, renewed, or modified 
before the date that is 1 year after the date of 
enactment of this Act. 
(e) RULE OF CONSTRUCTION.—Nothing in this sec-
tion shall be construed to limit or reduce the scope of 
State or local open records laws. 
SEC. 632. PUBLIC DISCLOSURE BY LARGE CONTRACTORS. 
(a) DEFINITION.—In this section, the term ‘‘covered 
contractor’’ means an entity that earns more than— 
(1) $10,000,000 during a 1-year period under 
a Federal contract or license; or 
(2) 20 percent of the total revenue of the entity 
from Federal sources. 
(b) REQUIREMENT.—Each covered contractor shall, 
on an annual basis, submit to the Director of the Office 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00380
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
381 
of Public Integrity and the Administrator of the Office 
of Federal Procurement Policy— 
(1) any audited financial statements of the cov-
ered contractor; 
(2) a listing of the salaries of employees of the 
covered contractor providing services on Federal 
contracts that are compensated over $100,000 per 
year; 
(3) a detailed list of all Federal political spend-
ing by the covered contractor; and 
(4) the identity of each beneficial owner of the 
covered contractor, including— 
(A) name; 
(B) current residential or business street 
address; and 
(C) whether the beneficial owner is a for-
eign person. 
(c) PENALTY.—The Director of the Office of Man-
agement and Budget may— 
(1) in consultation with the Administrator of 
the Office of Federal Procurement Policy and the 
Director of the Office of Public Integrity, tempo-
rarily or indefinitely disqualify a covered contractor 
from receiving a Federal contract if the Director of 
the Office of Management and Budget determines 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00381
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
382 
that the covered contractor failed to comply with the 
requirement under subsection (b); and 
(2) reinstate the ability of a covered contractor 
described in paragraph (1) to receive a Federal con-
tract. 
Subtitle E—Congressional 
Transparency 
SEC. 641. INCREASED TRANSPARENCY OF COMMITTEE 
WORK. 
(a) DEFINITIONS.—In this section— 
(1) the term ‘‘Committee’’ means— 
(A) a committee of the House of Rep-
resentatives; 
(B) a committee of the Senate; and 
(C) a subcommittee of a committee de-
scribed in paragraph (1) or (2); 
(2) the term ‘‘covered hearing’’ means a public 
hearing held by a Committee; and 
(3) the term ‘‘covered markup’’ means a public 
markup held by a Committee. 
(b) SCHEDULE.—At the same time as the schedule 
is made available to members of a Committee, but not 
later than 7 days before the date of a covered hearing or 
covered markup (unless the Chairman and Ranking Mi-
nority Member of the Committee agree to waive the 7- 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00382
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
383 
day requirement), each Committee shall make available on 
the website of the Committee the schedule of covered hear-
ings and covered markups of the Committee. 
(c) INFORMATION REQUIRED FOR MARKUPS.—At the 
same time as the materials are made available to members 
of a Committee, but not later than 24 hours before the 
time of a covered markup (unless the Chairman and Rank-
ing Minority Member of the Committee agree to waive the 
24-hour requirement), the Committee shall make available 
on the website of the Committee any bill or resolution to 
be considered at the covered markup and any amendments 
to such a bill or resolution filed with the Committee. 
(d) ADDITIONAL
REQUIRED
INFORMATION.—Not 
later than 24 hours after holding a covered hearing or a 
covered markup, a Committee shall make available on the 
website of the Committee— 
(1) a description of the topic of the covered 
hearing or covered markup; 
(2) any legislation related to the covered hear-
ing or covered markup; 
(3) the written testimony of any witness; 
(4) any documents or materials entered into the 
record; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00383
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
384 
(5) any written opening statements of the 
Chairman or Ranking Minority Member of the Com-
mittee; and 
(6) audio and video recordings of the covered 
hearing or covered markup. 
(e) TRANSCRIPTS.—Not later than 45 days after 
holding a covered hearing or covered markup, a Com-
mittee shall make available on the website of the Com-
mittee transcripts of the covered hearing or covered mark-
up. 
(f) REPORTED MEASURES.—Not later than 24 hours 
after a covered markup during which a Committee orders 
a bill or resolution to be reported, the Committee shall 
post on the website of the Committee— 
(1) each amendment to the bill or resolution 
that was agreed to, except for technical and con-
forming changes authorized by the Committee; and 
(2) a record of each vote taken on the bill or 
resolution or an amendment thereto. 
(g) COMPARATIVE PRINT.— 
(1) IN GENERAL.—Not later than 45 days after 
a Committee reports a bill or joint resolution pro-
posing to repeal or amend a statute or part thereof, 
the Committee shall include in its report or in an ac-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00384
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
385 
companying document and make available on the 
website of the Committee— 
(A) the entire text of each section of a 
statute that is proposed to be repealed or 
amended; and 
(B) a comparative print of each amend-
ment to a section of a statute that the bill or 
joint resolution proposes to make, showing by 
appropriate typographical devices the omissions 
and insertions proposed. 
(2) COMMITTEE
AMENDMENTS.—If a Com-
mittee reports a bill or joint resolution proposing to 
repeal or amend a statute or part thereof with a rec-
ommendation that the bill or joint resolution be 
amended, the comparative print required by para-
graph (1) shall reflect the changes in existing law 
proposed to be made by the bill or joint resolution 
as proposed to be amended. 
(3) 
AVAILABILITY.—Each 
Committee 
shall 
make reasonable efforts to make a comparative print 
required by paragraph (1) available to the members 
of the Committee and to the public as early as prac-
ticable, and before a covered markup, if practical. 
(h) QUESTIONS FOR THE RECORD.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00385
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
386 
(1) IN GENERAL.—Except as provided in para-
graph (2), for each covered hearing or covered mark-
up, a Committee shall make available on the website 
of the Committee any response to questions for the 
record of the covered hearing or covered markup 
that the Committee receives from a testifying wit-
ness. 
(2) PROTECTION OF CERTAIN INFORMATION.— 
Upon agreement by the Chairman and Ranking Mi-
nority Member of a Committee, a response described 
in paragraph (1) may be withheld from the website 
of the Committee if it includes individual casework 
or constituent information or information that the 
Chairman and Ranking Minority Member determine 
is confidential information. 
SEC. 642. INCREASED TRANSPARENCY OF RECORDED 
VOTES. 
(a) DEFINITION.—In this section, the term ‘‘Member 
of Congress’’ means a member of the House of Represent-
atives and a member of the Senate. 
(b) ADDITIONAL DUTIES OF THE CLERK OF THE 
HOUSE OF REPRESENTATIVES AND THE SECRETARY OF 
THE SENATE.—The Clerk of the House of Representatives 
and the Secretary of the Senate shall make available on 
the website of the Office of the Clerk or of the Secretary, 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00386
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
387 
respectively, a record of the recorded votes of each Mem-
ber of Congress who is a member of their House of Con-
gress, organized by the name of the Member of Congress, 
in a structured data format, which shall include the roll, 
date, issue, question, result, and title or description of the 
vote. 
(c) WEB LINK.—Each Member of Congress shall pro-
vide a link on the website of the Member of Congress to 
the record of recorded votes of the Member of Congress 
made available by the Clerk of the House of Representa-
tives or the Secretary of the Senate, as applicable. 
(d) EFFECTIVE DATE.—This section shall apply to 
recorded votes by Members of Congress occurring after 
the date of enactment of this Act. 
SEC. 643. INCREASED TRANSPARENCY OF APPROPRIA-
TIONS BILLS. 
(a) INCLUSION.—The Clerk of the House of Rep-
resentatives and the Secretary of the Senate shall ensure 
that each report accompanying any appropriations bill re-
ported by the Committees on Appropriations of the House 
of Representatives or the Committee on Appropriations of 
the Senate, respectively, includes a formatted spreadsheet 
showing the amounts made available by the bill, in a tab-
ular, digital format that shows separate entries for each 
fiscal year covered by the bill. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00387
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
388 
(b) EFFECTIVE DATE.—Subsection (a) shall apply 
with respect to any appropriations bill making funds avail-
able for fiscal year 2019 or any fiscal year thereafter. 
TITLE VII—CAMPAIGN FINANCE 
REFORMS 
Subtitle A—Requirements Relating 
to Preventing Conflicts of Interest 
PART I—REQUIREMENTS RELATING TO REG-
ISTERED 
LOBBYISTS 
AND 
GOVERNMENT 
CONTRACTORS 
SEC. 701. REQUIREMENTS RELATING TO REGISTERED LOB-
BYISTS. 
(a) IN GENERAL.—Title III of the Federal Election 
Campaign Act of 1971 (52 U.S.C. 30101 et seq.), as 
amended by section 141, is amended by adding at the end 
the following new section: 
‘‘SEC. 326. REQUIREMENTS RELATING TO REGISTERED 
LOBBYISTS. 
‘‘(a) PROHIBITION OF CONTRIBUTIONS OR FUND-
RAISING BY REGISTERED LOBBYISTS.—It shall be unlaw-
ful for any registered lobbyist to— 
‘‘(1) make a contribution to any candidate for 
Federal office or member of Congress; or 
‘‘(2) fundraise for any candidate for Federal of-
fice, member of Congress, authorized committee of a 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00388
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
389 
candidate, leadership PAC, or political party com-
mittee. 
‘‘(b) PROHIBITION
OF SOLICITING FUNDS FROM 
LOBBYISTS.—It shall be unlawful for any candidate for 
Federal office, member of Congress, an agent of such can-
didate or member of Congress, or an entity directly or in-
directly established, financed, maintained, or controlled by 
or acting on behalf of 1 or more such candidates or mem-
bers of Congress to directly solicit funds from any reg-
istered lobbyist in connection with any election for Federal 
office. 
‘‘(c) DEFINITIONS.—For purposes of this section: 
‘‘(1) REGISTERED LOBBYIST.—The term ‘reg-
istered lobbyist’ means a lobbyist, as defined in sec-
tion 3 of the Lobbying Disclosure Act of 1995 (2 
U.S.C. 1602), that is registered or is required to 
register under section 4(a) of that Act (2 U.S.C. 
1603(a)). 
‘‘(2) OTHER
TERMS.—The terms ‘fundraise’ 
and ‘solicit’ have the meaning given those terms in 
section 301. 
‘‘(d) CLARIFICATION.—Nothing in this section shall 
be construed to prohibit— 
‘‘(1) any person from engaging in volunteer ac-
tivity on behalf of a candidate or from making com-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00389
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
390 
munications which provide information about the 
candidate but which do not include the solicitation 
of contributions or other fundraising activity in sup-
port of the candidate; 
‘‘(2) any registered lobbyist from making an 
independent expenditure or fundraising for an inde-
pendent expenditure; or 
‘‘(3) any candidate for Federal office, member 
of Congress, an agent of such candidate or member 
of Congress, or an entity directly or indirectly estab-
lished, financed, maintained, or controlled by or act-
ing on behalf of 1 or more such candidates or mem-
bers of Congress from including registered lobbyists 
in any mass communication, including a mass com-
munication that solicits a contribution.’’. 
(b) DEFINITIONS.—Section 301 of the Federal Elec-
tion Campaign Act of 1971 (52 U.S.C. 30101) is amended 
by adding at the end the following new paragraphs: 
‘‘(27) 
FUNDRAISE.—The 
term 
‘fundraise’ 
means— 
‘‘(A) hosting or underwriting an event 
where funds are raised with the intention to 
contribute such funds to any candidate for Fed-
eral office, member of Congress, authorized 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00390
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
391 
committee of a candidate, leadership PAC, or 
political party committee; 
‘‘(B) transmitting or delivering a contribu-
tion to any candidate for Federal office, mem-
ber of Congress, authorized committee of a can-
didate, leadership PAC, or political party com-
mittee from another person; 
‘‘(C) making or sending a communication 
soliciting contributions for any candidate for 
Federal office, member of Congress, authorized 
committee of a candidate, leadership PAC, or 
political party committee; or 
‘‘(D) otherwise directly or indirectly solic-
iting, transmitting, or facilitating a contribution 
to any candidate for Federal office, member of 
Congress, authorized committee of a candidate, 
leadership PAC, or political party committee. 
‘‘(28) SOLICIT.—The term ‘solicit’ means to di-
rectly or indirectly ask, request, or recommend, ex-
plicitly or implicitly, that another person make a 
contribution, donation, transfer of funds, or other-
wise provide anything of value.’’. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00391
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
392 
SEC. 702. DISCLOSURE OF POLITICAL SPENDING BY GOV-
ERNMENT CONTRACTORS. 
Section 735 of division D of the Consolidated Appro-
priations Act, 2019 is repealed. 
SEC. 703. REPEAL OF RESTRICTION OF USE OF FUNDS BY 
INTERNAL 
REVENUE 
SERVICE 
TO 
BRING 
TRANSPARENCY TO POLITICAL ACTIVITY OF 
CERTAIN NONPROFIT ORGANIZATIONS. 
Section 124 of the Financial Services and General 
Government Appropriations Act, 2019 (division D of Pub-
lic Law 116–6) is hereby repealed. 
SEC. 704. REPEAL OF REVENUE PROCEDURE THAT ELIMI-
NATED REQUIREMENT TO REPORT INFORMA-
TION REGARDING CONTRIBUTORS TO CER-
TAIN TAX-EXEMPT ORGANIZATIONS. 
Revenue Procedure 2018–38 shall have no force and 
effect. 
PART II—REQUIREMENTS RELATING TO 
CORPORATIONS 
SEC. 711. BANNING CORPORATIONS FROM FUNDRAISING. 
Section 316(a) of the Federal Election Campaign Act 
of 1971 (52 U.S.C. 30118(a)) is amended by inserting the 
following before the period at the end: ‘‘, or for any cor-
poration to fundraise (as defined in section 301) for any 
candidate for Federal office or member of Congress’’. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00392
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
393 
SEC. 712. BANNING CONTRIBUTIONS TO MEMBERS OF CON-
GRESS FROM CORPORATIONS UNDER THE 
JURISDICTION OF THEIR COMMITTEES. 
(a) PROHIBITION.— 
(1) IN
GENERAL.—Title III of the Federal 
Election Campaign Act of 1971 (52 U.S.C. 30101 et 
seq.), as amended by sections 141 and 701, is 
amended by adding at the end the following new sec-
tion: 
‘‘SEC. 327. PROHIBITING CAMPAIGN CONTRIBUTIONS TO 
MEMBERS OF CONGRESS BY PERSONS WITH 
FINANCIAL INTERESTS IN CATEGORIES OF 
BUSINESS UNDER JURISDICTION OF COMMIT-
TEES ON WHICH MEMBERS SERVE. 
‘‘(a) PROHIBITING CONTRIBUTIONS AND SOLICITA-
TION OF CONTRIBUTIONS.— 
‘‘(1) CONTRIBUTIONS.—No person shall make a 
contribution to a member of Congress, an authorized 
committee of a member of Congress, or a leadership 
PAC of a member of Congress unless, at the time 
the person makes the contribution, the person cer-
tifies under penalty of perjury that the person is not 
affiliated with a corporation (other than a nonprofit 
corporation) or a membership organization described 
in section 501(c)(6) of the Internal Revenue Code of 
1986 and exempt from tax under section 501(a) of 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00393
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
394 
such Code any member of which is a corporation 
which has a financial interest in a category of busi-
ness which is under the jurisdiction of a committee 
of Congress on which the member serves. 
‘‘(2) SOLICITATION
OF
CONTRIBUTIONS.—A 
member of Congress may not solicit from a person 
any contribution, including a contribution to an au-
thorized committee of the member, a leadership PAC 
of the member, a political committee of a political 
party, or any other political committee, if the mem-
ber knows or reasonably should know that the per-
son has a financial interest in a category of business 
which is under the jurisdiction of a committee of 
Congress on which the member serves. 
‘‘(3) SOLICITATION OF DONATIONS TO CERTAIN 
FOUNDATIONS AND OTHER NONPROFIT ORGANIZA-
TIONS.— 
‘‘(A) 
SOLICITATIONS
PROHIBITED.—A 
member of Congress may not solicit from a per-
son any donation to a foundation or other non-
profit organization whose governing board in-
cludes the member or an immediate family 
member of the member if the member knows or 
reasonably should know that the person has a 
financial interest in a category of business 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00394
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
395 
which is under the jurisdiction of a committee 
of Congress on which the Member serves. 
‘‘(B) DEFINITIONS.—For purposes of this 
paragraph— 
‘‘(i) the term ‘immediate family mem-
ber’ means, with respect to a member of 
Congress, a parent, child, sibling, spouse, 
or parent-in-law; and 
‘‘(ii) the term ‘nonprofit organization’ 
means an organization which is described 
in section 501(c) of the Internal Revenue 
Code of 1986 and exempt from taxation 
under section 501(a) of such Code. 
‘‘(4) DETERMINATION OF CATEGORIES OF BUSI-
NESSES
UNDER
COMMITTEE
JURISDICTION.—For 
purposes of this subsection, the determination as to 
whether a category of business is under the jurisdic-
tion of a committee of Congress shall be based on 
the most recent report filed with the Commission by 
the Committee on Ethics of the House of Represent-
atives or the Select Committee on Ethics of the Sen-
ate under section 712(b) of the Anti-Corruption and 
Public Integrity Act. 
‘‘(b) DESCRIPTION OF PERSONS AFFILIATED WITH 
A CORPORATION OR TRADE ASSOCIATION.—For purposes 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00395
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
396 
of subsection (a), a person is affiliated with a corporation 
(other than a nonprofit corporation) or membership orga-
nization if the person is any of the following: 
‘‘(1) A separate segregated fund established by 
the membership organization under section 316. 
‘‘(2) An individual who is a treasurer, agent, or 
other officer of a separate segregated fund estab-
lished by a membership organization under section 
316. 
‘‘(3) An individual who is general partner, man-
aging member, or executive officer, or other indi-
vidual with a similar status or function of the cor-
poration or membership organization for purposes of 
section 316, or who would be treated as a general 
partner, managing member, or executive officer, or 
other individual with a similar status of the corpora-
tion or membership organization for purposes of sec-
tion 316 if the corporation or membership organiza-
tion established a separate segregated fund or solic-
ited contributions under such section. 
‘‘(4) An individual who owns or controls 5 per-
cent or more of the voting shares of the corporation, 
except that this paragraph does not apply with re-
spect to a corporation whose annual revenues were 
less than $5,000,000 during any of the 3 most re-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00396
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
397 
cent fiscal years ending before the date on which the 
individual makes the contribution. 
‘‘(c) EXCEPTIONS.—Subsection (a) does not apply 
with respect to any of the following: 
‘‘(1) A contribution to a candidate for election 
to the office of Representative in, or Delegate or 
Resident Commissioner to, the Congress, an author-
ized committee of such a candidate, or a leadership 
PAC of such a candidate which is made by an indi-
vidual who is a resident of the congressional district 
such candidate represents. 
‘‘(2) A contribution to a candidate for election 
to the office of Senator, an authorized committee of 
such a candidate, or a leadership PAC of such a 
candidate which is made by an individual who is a 
resident of the State such candidate represents. 
‘‘(3) A contribution made to a political com-
mittee by an individual whose identification the po-
litical committee is not required to disclose under 
section 304(b)(3)(A) because the aggregate amount 
or value of the contributions made by the individual 
to the committee during the election cycle involved 
is not in excess of $200. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00397
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
398 
‘‘(4) A contribution made to a political com-
mittee by a separate segregated fund established by 
a labor organization under section 316. 
‘‘(d) OTHER DEFINITIONS.—In this section— 
‘‘(1) the term ‘leadership PAC’ means, with re-
spect to a candidate or a Member of Congress, a po-
litical committee that is directly or indirectly estab-
lished, financed, maintained or controlled by the 
candidate or the member but which is not an au-
thorized committee of the candidate or the member 
and which is not affiliated with an authorized com-
mittee of the candidate or the member, except that 
such term does not include a political committee of 
a political party; and 
‘‘(2) the term ‘member of Congress’ means a 
Senator or Representative in, or Delegate or Resi-
dent Commissioner to, the Congress.’’. 
(2) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply with respect to con-
tributions and donations made or solicited after the 
expiration of the 120-day period which begins on the 
date the Committee on Ethics of the House of Rep-
resentatives and the Select Committee on Ethics of 
the Senate file the first reports required under sub-
section (b). 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00398
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
399 
(b) REPORTS BY CONGRESSIONAL ETHICS COMMIT-
TEES ON CATEGORIES OF BUSINESSES UNDER JURISDIC-
TION OF COMMITTEES.— 
(1) REPORTS; SUBMISSION TO FEDERAL ELEC-
TION
COMMISSION.—During each Congress, the 
Committee on Ethics of the House of Representa-
tives and the Select Committee on Ethics of the Sen-
ate shall prepare and submit to the Federal Election 
Commission a report listing for each standing com-
mittee of the House or Senate (as the case may be) 
the categories of businesses which are under the ju-
risdiction of such committee, in such form and in ac-
cordance with such criteria as the Committee on 
Ethics of the House of Representatives and the Se-
lect Committee on Ethics of the Senate may each es-
tablish. 
(2) OFFICE OF CONGRESSIONAL ETHICS REC-
OMMENDATIONS.—The Office of Congressional Eth-
ics shall annually make recommendations to the 
Committee on Ethics of the House of Representa-
tives and the Select Committee on Ethics of the Sen-
ate regarding updates to each report under para-
graph (1). 
(3) REPORT
CONTENTS.—The Committee on 
Ethics of the House of Representatives and the Se-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00399
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
400 
lect Committee on Ethics of the Senate shall prepare 
each report under paragraph (1) in consultation 
with— 
(A) the Parliamentarian of the Senate or 
the Parliamentarian of the House, respectively, 
to consider the assignment of legislation to each 
committee as an indicator in preparation of the 
report; and 
(B) the Clerk of the Senate or Clerk of the 
House, respectively, to consider the lobbying ac-
tivity of businesses in each business category as 
an indicator in preparation of the report. 
(4) TIMING.—The Committee on Ethics of the 
House of Representatives and the Select Committee 
on Ethics of the Senate shall each submit the first 
report for a Congress under this section not later 
than 90 days after the beginning of the Congress. 
(5) UPDATES.—The Committee on Ethics of 
the House of Representatives and the Select Com-
mittee on Ethics of the Senate shall each prepare 
and submit to the Federal Election Commission up-
dates to reports required under this subsection on a 
regular and ongoing basis. 
SEC. 713. CORPORATE PAC BAN. 
(a) LIMITATION.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00400
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
401 
(1) IN GENERAL.—Section 316(b)(2)(C) of the 
Federal Election Campaign Act of 1971 (52 U.S.C. 
30118(b)(2)(C)) is amended by striking ‘‘a corpora-
tion’’ and inserting ‘‘a nonprofit corporation’’. 
(2) DEFINITION.—Section 316(b) of such Act 
(52 U.S.C. 30118(b)) is amended by adding at the 
end the following new paragraph: 
‘‘(8) For purposes of this section, the term ‘nonprofit 
corporation’ means a corporation described in section 
501(c) of the Internal Revenue Code of 1986 and exempt 
from taxation under section 501(a) of such Code, other 
than a corporation which is ineligible to be exempt from 
taxation under section 501(a) of such Code if it establishes 
a separate segregated fund under this subsection.’’. 
(b) PERMITTING SOLICITATION OF CONTRIBUTIONS 
ONLY FROM EXECUTIVE
AND ADMINISTRATIVE PER-
SONNEL.—Section 316(b) of such Act (52 U.S.C. 
30118(b)) is amended— 
(1) in paragraph (4)(A)(i), by striking ‘‘its 
stockholders and their families and’’; 
(2) in paragraph (4)(B)— 
(A) by striking ‘‘a corporation’’ the first 
place it appears and inserting ‘‘a nonprofit cor-
poration’’; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00401
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
402 
(B) by striking ‘‘any stockholder, executive 
or administrative personnel,’’ and inserting 
‘‘any executive or administrative personnel’’; 
and 
(C) by striking ‘‘stockholders, executive or 
administrative personnel,’’ and inserting ‘‘exec-
utive or administrative personnel’’; 
(3) in paragraph (4)(D)— 
(A) by striking ‘‘stockholders and’’; 
(B) by striking ‘‘such stockholders or per-
sonnel’’ and inserting ‘‘such personnel’’; and 
(C) by striking ‘‘such stockholders and 
personnel’’ and inserting ‘‘such personnel’’; and 
(4) in paragraph (5), by striking ‘‘stockholders 
and’’. 
(c) TREATMENT OF GOVERNMENT CONTRACTORS.— 
Section 317(b) of such Act (52 U.S.C. 30119(b)) is 
amended— 
(1) by striking ‘‘any corporation’’ and inserting 
‘‘any nonprofit corporation’’; and 
(2) by striking ‘‘a corporation’’ and inserting ‘‘a 
nonprofit corporation’’. 
(d) EFFECTIVE DATE; TRANSITION FOR EXISTING 
FUNDS AND COMMITTEES.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00402
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
403 
(1) EFFECTIVE DATE.—The amendments made 
by this Act shall take effect on the date of the enact-
ment of this Act. 
(2) TRANSITION
FOR
EXISTING
FUNDS
AND 
COMMITTEES.—In the case of a separate segregate 
fund established and operating under section 
316(b)(2)(C) of the Federal Election Campaign Act 
of 1971 (52 U.S.C. 30118(b)(2)(C)) as of the date 
of the enactment of this Act which is not a fund of 
a nonprofit corporation as defined in section 
316(b)(8) of such Act (as added by subsection 
(a)(2)), the fund shall terminate and disburse its en-
tire balance not later than 1 year after the date of 
the enactment of this Act. 
SEC. 714. DISCLOSURE OF CAMPAIGN-RELATED DISBURSE-
MENTS. 
(a) DISCLOSURE REQUIREMENTS
FOR CORPORA-
TIONS, LABOR ORGANIZATIONS, AND CERTAIN OTHER 
ENTITIES.— 
(1) IN GENERAL.—Section 324 of the Federal 
Election Campaign Act of 1971 (52 U.S.C. 30126) 
is amended to read as follows: 
‘‘SEC. 324. DISCLOSURE OF CAMPAIGN-RELATED DISBURSE-
MENTS BY COVERED ORGANIZATIONS. 
‘‘(a) DISCLOSURE STATEMENT.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00403
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
404 
‘‘(1) IN GENERAL.—Any covered organization 
that makes campaign-related disbursements aggre-
gating more than $10,000 in an election reporting 
cycle shall, not later than 24 hours after each disclo-
sure date, file a statement with the Commission 
made under penalty of perjury that contains the in-
formation described in paragraph (2)— 
‘‘(A) in the case of the first statement filed 
under this subsection, for the period beginning 
on the first day of the election reporting cycle 
(or, if earlier, the period beginning one year be-
fore the first such disclosure date) and ending 
on the first such disclosure date; and 
‘‘(B) in the case of any subsequent state-
ment filed under this subsection, for the period 
beginning on the previous disclosure date and 
ending on such disclosure date. 
‘‘(2) INFORMATION DESCRIBED.—The informa-
tion described in this paragraph is as follows: 
‘‘(A) The name of the covered organization 
and the principal place of business of such or-
ganization and, in the case of a covered organi-
zation that is a corporation (other than a busi-
ness concern that is an issuer of a class of secu-
rities registered under section 12 of the Securi-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00404
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
405 
ties Exchange Act of 1934 (15 U.S.C. 78l) or 
that is required to file reports under section 
15(d) of that Act (15 U.S.C. 78o(d))) or an en-
tity described in subsection (e)(2), a list of the 
beneficial owners (as defined in paragraph 
(4)(A)) of the entity that— 
‘‘(i) identifies each beneficial owner by 
name and current residential or business 
street address; and 
‘‘(ii) if any beneficial owner exercises 
control over the entity through another 
legal entity, such as a corporation, partner-
ship, limited liability company, or trust, 
identifies each such other legal entity and 
each such beneficial owner who will use 
that other entity to exercise control over 
the entity. 
‘‘(B) The amount of each campaign-related 
disbursement made by such organization during 
the period covered by the statement of more 
than $1,000, and the name and address of the 
person to whom the disbursement was made. 
‘‘(C) In the case of a campaign-related dis-
bursement that is not a covered transfer, the 
election to which the campaign-related disburse-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00405
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
406 
ment pertains and if the disbursement is made 
for a public communication, the name of any 
candidate identified in such communication and 
whether such communication is in support of or 
in opposition to a candidate. 
‘‘(D) A certification by the chief executive 
officer or person who is the head of the covered 
organization that the campaign-related dis-
bursement is not made in cooperation, consulta-
tion, or concert with or at the request or sug-
gestion of a candidate, authorized committee, or 
agent of a candidate, political party, or agent of 
a political party. 
‘‘(E)(i) If the covered organization makes 
campaign-related disbursements using exclu-
sively funds in a segregated bank account con-
sisting of funds that were paid directly to such 
account by persons other than the covered orga-
nization that controls the account, for each 
such payment to the account— 
‘‘(I) the name and address of each 
person who made such payment during the 
period covered by the statement; 
‘‘(II) the date and amount of such 
payment; and 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00406
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
407 
‘‘(III) the aggregate amount of all 
such payments made by the person during 
the period beginning on the first day of the 
election reporting cycle (or, if earlier, the 
period beginning one year before the dis-
closure date) and ending on the disclosure 
date, 
but only if such payment was made by a person 
who made payments to the account in an aggre-
gate amount of $10,000 or more during the pe-
riod beginning on the first day of the election 
reporting cycle (or, if earlier, the period begin-
ning one year before the disclosure date) and 
ending on the disclosure date. 
‘‘(ii) In any calendar year after 2020, sec-
tion 315(c)(1)(B) shall apply to the amount de-
scribed in clause (i) in the same manner as 
such section applies to the limitations estab-
lished under subsections (a)(1)(A), (a)(1)(B), 
(a)(3), and (h) of such section, except that for 
purposes of applying such section to the 
amounts described in subsection (b), the ‘base 
period’ shall be 2020. 
‘‘(F)(i) If the covered organization makes 
campaign-related disbursements using funds 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00407
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
408 
other than funds in a segregated bank account 
described in subparagraph (E), for each pay-
ment to the covered organization— 
‘‘(I) the name and address of each 
person who made such payment during the 
period covered by the statement; 
‘‘(II) the date and amount of such 
payment; and 
‘‘(III) the aggregate amount of all 
such payments made by the person during 
the period beginning on the first day of the 
election reporting cycle (or, if earlier, the 
period beginning one year before the dis-
closure date) and ending on the disclosure 
date, 
but only if such payment was made by a person 
who made payments to the covered organization 
in an aggregate amount of $10,000 or more 
during the period beginning on the first day of 
the election reporting cycle (or, if earlier, the 
period beginning one year before the disclosure 
date) and ending on the disclosure date. 
‘‘(ii) In any calendar year after 2020, sec-
tion 315(c)(1)(B) shall apply to the amount de-
scribed in clause (i) in the same manner as 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00408
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
409 
such section applies to the limitations estab-
lished under subsections (a)(1)(A), (a)(1)(B), 
(a)(3), and (h) of such section, except that for 
purposes of applying such section to the 
amounts described in subsection (b), the ‘base 
period’ shall be 2020. 
‘‘(G) Such other information as required in 
rules established by the Commission to promote 
the purposes of this section. 
‘‘(3) EXCEPTIONS.— 
‘‘(A) AMOUNTS
RECEIVED
IN
ORDINARY 
COURSE OF BUSINESS.—The requirement to in-
clude in a statement filed under paragraph (1) 
the information described in paragraph (2) 
shall not apply to amounts received by the cov-
ered organization in commercial transactions in 
the ordinary course of any trade or business 
conducted by the covered organization or in the 
form of investments (other than investments by 
the principal shareholder in a limited liability 
corporation) in the covered organization. For 
purposes of this subparagraph, amounts re-
ceived by a covered organization as remittances 
from an employee to the employee’s collective 
bargaining representative shall be treated as 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00409
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
410 
amounts received in commercial transactions in 
the ordinary course of the business conducted 
by the covered organization. 
‘‘(B) DONOR
RESTRICTION
ON
USE
OF 
FUNDS.—The requirement to include in a state-
ment submitted under paragraph (1) the infor-
mation described in subparagraph (F) of para-
graph (2) shall not apply if— 
‘‘(i) the person described in such sub-
paragraph prohibited, in writing, the use of 
the payment made by such person for cam-
paign-related disbursements; and 
‘‘(ii) the covered organization agreed 
to follow the prohibition and deposited the 
payment in an account which is segregated 
from any account used to make campaign- 
related disbursements. 
‘‘(C) THREAT
OF
HARASSMENT
OR
RE-
PRISAL.—The requirement to include any infor-
mation relating to the name or address of any 
person (other than a candidate) in a statement 
submitted under paragraph (1) shall not apply 
if the inclusion of the information would subject 
the person to serious threats, harassment, or 
reprisals. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00410
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
411 
‘‘(4) OTHER
DEFINITIONS.—For purposes of 
this section: 
‘‘(A) BENEFICIAL OWNER DEFINED.— 
‘‘(i) IN
GENERAL.—Except as pro-
vided in clause (ii), the term ‘beneficial 
owner’ means, with respect to any entity, 
a natural person who, directly or indi-
rectly— 
‘‘(I) exercises substantial control 
over an entity through ownership, vot-
ing rights, agreement, or otherwise; or 
‘‘(II) has a substantial interest in 
or receives substantial economic bene-
fits from the assets of an entity. 
‘‘(ii) EXCEPTIONS.—The term ‘bene-
ficial owner’ shall not include— 
‘‘(I) a minor child; 
‘‘(II) a person acting as a nomi-
nee, intermediary, custodian, or agent 
on behalf of another person; 
‘‘(III) a person acting solely as 
an employee of an entity and whose 
control over or economic benefits from 
the entity derives solely from the em-
ployment status of the person; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00411
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
412 
‘‘(IV) a person whose only inter-
est in an entity is through a right of 
inheritance, unless the person also 
meets the requirements of clause (i); 
or 
‘‘(V) a creditor of an entity, un-
less the creditor also meets the re-
quirements of clause (i). 
‘‘(iii) ANTI-ABUSE RULE.—The excep-
tions under clause (ii) shall not apply if 
used for the purpose of evading, circum-
venting, or abusing the provisions of clause 
(i) or paragraph (2)(A). 
‘‘(B) DISCLOSURE DATE.—The term ‘dis-
closure date’ means— 
‘‘(i) the first date during any election 
reporting cycle by which a person has 
made campaign-related disbursements ag-
gregating more than $10,000; and 
‘‘(ii) any other date during such elec-
tion reporting cycle by which a person has 
made campaign-related disbursements ag-
gregating more than $10,000 since the 
most recent disclosure date for such elec-
tion reporting cycle. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00412
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
413 
‘‘(C) ELECTION REPORTING CYCLE.—The 
term ‘election reporting cycle’ means the 2-year 
period beginning on the date of the most recent 
general election for Federal office. 
‘‘(D) PAYMENT.—The term ‘payment’ in-
cludes any contribution, donation, transfer, pay-
ment of dues, or other payment. 
‘‘(b) COORDINATION WITH OTHER PROVISIONS.— 
‘‘(1) OTHER REPORTS FILED WITH THE COM-
MISSION.—Information included in a statement filed 
under this section may be excluded from statements 
and reports filed under section 304. 
‘‘(2) TREATMENT AS SEPARATE SEGREGATED 
FUND.—A segregated bank account referred to in 
subsection (a)(2)(E) may be treated as a separate 
segregated fund for purposes of section 527(f)(3) of 
the Internal Revenue Code of 1986. 
‘‘(c) FILING.—Statements required to be filed under 
subsection (a) shall be subject to the requirements of sec-
tion 304(d) to the same extent and in the same manner 
as if such reports had been required under subsection (c) 
or (g) of section 304. 
‘‘(d) 
CAMPAIGN-RELATED
DISBURSEMENT
DE-
FINED.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00413
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
414 
‘‘(1) IN GENERAL.—In this section, the term 
‘campaign-related disbursement’ means a disburse-
ment by a covered organization for any of the fol-
lowing: 
‘‘(A) An independent expenditure which ex-
pressly advocates the election or defeat of a 
clearly identified candidate for election for Fed-
eral office, or is the functional equivalent of ex-
press advocacy because, when taken as a whole, 
it can be interpreted by a reasonable person 
only as advocating the election or defeat of a 
candidate for election for Federal office. 
‘‘(B) Any public communication which re-
fers to a clearly identified candidate for election 
for Federal office and which promotes or sup-
ports the election of a candidate for that office, 
or attacks or opposes the election of a candidate 
for that office, without regard to whether the 
communication expressly advocates a vote for or 
against a candidate for that office. 
‘‘(C) An electioneering communication, as 
defined in section 304(f)(3). 
‘‘(D) A covered transfer. 
‘‘(2) INTENT NOT REQUIRED.—A disbursement 
for an item described in subparagraph (A), (B), (C), 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00414
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
415 
or (D) of paragraph (1) shall be treated as a cam-
paign-related disbursement regardless of the intent 
of the person making the disbursement. 
‘‘(e) COVERED ORGANIZATION DEFINED.—In this 
section, the term ‘covered organization’ means any of the 
following: 
‘‘(1) A corporation (other than an organization 
described in section 501(c)(3) of the Internal Rev-
enue Code of 1986). 
‘‘(2) A limited liability corporation that is not 
otherwise treated as a corporation for purposes of 
this Act (other than an organization described in 
section 501(c)(3) of the Internal Revenue Code of 
1986). 
‘‘(3) An organization described in section 
501(c) of such Code and exempt from taxation 
under section 501(a) of such Code (other than an 
organization described in section 501(c)(3) of such 
Code). 
‘‘(4) A labor organization (as defined in section 
316(b)). 
‘‘(5) Any political organization under section 
527 of the Internal Revenue Code of 1986, other 
than a political committee under this Act (except as 
provided in paragraph (6)). 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00415
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
416 
‘‘(6) A political committee with an account that 
accepts donations or contributions that do not com-
ply with the contribution limits or source prohibi-
tions under this Act, but only with respect to such 
accounts. 
‘‘(f) COVERED TRANSFER DEFINED.— 
‘‘(1) IN GENERAL.—In this section, the term 
‘covered transfer’ means any transfer or payment of 
funds by a covered organization to another person if 
the covered organization— 
‘‘(A) designates, requests, or suggests that 
the amounts be used for— 
‘‘(i) campaign-related disbursements 
(other than covered transfers); or 
‘‘(ii) making a transfer to another 
person for the purpose of making or pay-
ing for such campaign-related disburse-
ments; 
‘‘(B) made such transfer or payment in re-
sponse to a solicitation or other request for a 
donation or payment for— 
‘‘(i) the making of or paying for cam-
paign-related disbursements (other than 
covered transfers); or 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00416
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
417 
‘‘(ii) making a transfer to another 
person for the purpose of making or pay-
ing for such campaign-related disburse-
ments; 
‘‘(C) engaged in discussions with the re-
cipient of the transfer or payment regarding— 
‘‘(i) the making of or paying for cam-
paign-related disbursements (other than 
covered transfers); or 
‘‘(ii) donating or transferring any 
amount of such transfer or payment to an-
other person for the purpose of making or 
paying for such campaign-related disburse-
ments; 
‘‘(D) made campaign-related disburse-
ments (other than a covered transfer) in an ag-
gregate amount of $50,000 or more during the 
2-year period ending on the date of the transfer 
or payment, or knew or had reason to know 
that the person receiving the transfer or pay-
ment made such disbursements in such an ag-
gregate amount during that 2-year period; or 
‘‘(E) knew or had reason to know that the 
person receiving the transfer or payment would 
make campaign-related disbursements in an ag-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00417
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
418 
gregate amount of $50,000 or more during the 
2-year period beginning on the date of the 
transfer or payment. 
‘‘(2) EXCLUSIONS.—The term ‘covered transfer’ 
does not include any of the following: 
‘‘(A) A disbursement made by a covered 
organization in a commercial transaction in the 
ordinary course of any trade or business con-
ducted by the covered organization or in the 
form of investments made by the covered orga-
nization. 
‘‘(B) A disbursement made by a covered 
organization if— 
‘‘(i) the covered organization prohib-
ited, in writing, the use of such disburse-
ment for campaign-related disbursements; 
and 
‘‘(ii) the recipient of the disbursement 
agreed to follow the prohibition and depos-
ited the disbursement in an account which 
is segregated from any account used to 
make campaign-related disbursements. 
‘‘(3) SPECIAL
RULE
REGARDING
TRANSFERS 
AMONG AFFILIATES.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00418
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
419 
‘‘(A) SPECIAL
RULE.—A transfer of an 
amount by one covered organization to another 
covered organization which is treated as a 
transfer between affiliates under subparagraph 
(C) shall be considered a covered transfer by 
the covered organization which transfers the 
amount only if the aggregate amount trans-
ferred during the year by such covered organi-
zation to that same covered organization is 
equal to or greater than $50,000. 
‘‘(B) DETERMINATION
OF
AMOUNT
OF 
CERTAIN
PAYMENTS
AMONG
AFFILIATES.—In 
determining the amount of a transfer between 
affiliates for purposes of subparagraph (A), to 
the extent that the transfer consists of funds 
attributable to dues, fees, or assessments which 
are paid by individuals on a regular, periodic 
basis in accordance with a per-individual cal-
culation which is made on a regular basis, the 
transfer shall be attributed to the individuals 
paying the dues, fees, or assessments and shall 
not be attributed to the covered organization. 
‘‘(C) DESCRIPTION
OF
TRANSFERS
BE-
TWEEN
AFFILIATES.—A transfer of amounts 
from one covered organization to another cov-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00419
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
420 
ered organization shall be treated as a transfer 
between affiliates if— 
‘‘(i) one of the organizations is an af-
filiate of the other organization; or 
‘‘(ii) each of the organizations is an 
affiliate of the same organization, 
except that the transfer shall not be treated as 
a transfer between affiliates if one of the orga-
nizations is established for the purpose of mak-
ing campaign-related disbursements. 
‘‘(D) DETERMINATION OF AFFILIATE STA-
TUS.—For purposes of subparagraph (C), a 
covered organization is an affiliate of another 
covered organization if— 
‘‘(i) the governing instrument of the 
organization requires it to be bound by de-
cisions of the other organization; 
‘‘(ii) the governing board of the orga-
nization includes persons who are specifi-
cally designated representatives of the 
other organization or are members of the 
governing board, officers, or paid executive 
staff members of the other organization, or 
whose service on the governing board is 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00420
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
421 
contingent upon the approval of the other 
organization; or 
‘‘(iii) the organization is chartered by 
the other organization. 
‘‘(E) COVERAGE
OF
TRANSFERS
TO
AF-
FILIATED
SECTION
501(c)(3) 
ORGANIZA-
TIONS.—This paragraph shall apply with re-
spect to an amount transferred by a covered or-
ganization to an organization described in para-
graph (3) of section 501(c) of the Internal Rev-
enue Code of 1986 and exempt from tax under 
section 501(a) of such Code in the same man-
ner as this paragraph applies to an amount 
transferred by a covered organization to an-
other covered organization. 
‘‘(g) NO EFFECT ON OTHER REPORTING REQUIRE-
MENTS.—Nothing in this section shall be construed to 
waive or otherwise affect any other requirement of this 
Act which relates to the reporting of campaign-related dis-
bursements.’’. 
(2) 
CONFORMING
AMENDMENT.—Section 
304(f)(6) of such Act (52 U.S.C. 30104) is amended 
by striking ‘‘Any requirement’’ and inserting ‘‘Ex-
cept as provided in section 324(b), any require-
ment’’. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00421
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
422 
(b) COORDINATION WITH FINCEN.— 
(1) IN GENERAL.—The Director of the Finan-
cial Crimes Enforcement Network of the Depart-
ment of the Treasury shall provide the Federal Elec-
tion Commission with such information as necessary 
to assist in administering and enforcing section 324 
of the Federal Election Campaign Act of 1971, as 
added by this section. 
(2) REPORT.—Not later than 6 months after 
the date of the enactment of this Act, the Chairman 
of the Federal Election Commission, in consultation 
with the Director of the Financial Crimes Enforce-
ment Network of the Department of the Treasury, 
shall submit to Congress a report with recommenda-
tions for providing further legislative authority to as-
sist in the administration and enforcement of such 
section 324. 
PART III—REQUIREMENTS RELATING TO 
FOREIGN NATIONALS 
SEC. 721. BANNING FOREIGN-OWNED AND PARTIALLY FOR-
EIGN-OWNED CORPORATIONS FROM SPEND-
ING ON UNITED STATES ELECTIONS. 
Section 319 of the Federal Election Campaign Act 
of 1971 (52 U.S.C. 30121) is amended— 
(1) in subsection (a)— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00422
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
423 
(A) in paragraph (1)— 
(i) in subparagraph (A), by inserting 
the following before the semicolon: ‘‘(in-
cluding a State or local ballot initiative or 
referendum), including any disbursement 
to a political committee which accepts do-
nations or contributions that do not com-
ply with the limitations, prohibitions, and 
reporting requirements of this Act (or any 
disbursement to or on behalf of any ac-
count of a political committee which is es-
tablished for the purpose of accepting such 
donations or contributions)’’; 
(ii) in subparagraph (B), by striking 
‘‘or’’ at the end; 
(iii) in subparagraph (C), by striking 
‘‘expenditure’’ and all that follows through 
‘‘; or’’ and inserting ‘‘expenditure;’’; and 
(iv) by adding at the end the following 
new subparagraphs: 
‘‘(D) an independent expenditure; 
‘‘(E) a disbursement for an electioneering 
communication (within the meaning of section 
304(f)(3)); 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00423
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
424 
‘‘(F) a disbursement for a paid internet or 
paid digital communication that refers to a 
clearly identified candidate for election for Fed-
eral office and is disseminated within 60 days 
before a general, special or runoff election for 
the office sought by the candidate or 30 days 
before a primary or preference election, or a 
convention or caucus of a political party that 
has authority to nominate a candidate for the 
office sought by the candidate; 
‘‘(G) a disbursement for a broadcast, cable 
or satellite communication, or for a paid inter-
net or paid digital communication, that pro-
motes, supports, attacks or opposes the election 
of a clearly identified candidate for Federal, 
State, or local office (regardless of whether the 
communication contains express advocacy or the 
functional equivalent of express advocacy); or 
‘‘(H) a disbursement for a broadcast, 
cable, or satellite communication, or for a paid 
internet or paid digital communication, that 
discusses a national legislative issue of public 
importance in a year in which a regularly 
scheduled general election for Federal office is 
held and is made for the purpose of influencing 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00424
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
425 
an election held during that year, but only if 
the disbursement is made by a foreign principal 
who is a government of a foreign country or a 
foreign political party or an agent of such a for-
eign principal as defined under section 1 of the 
Foreign Agents Registration Act of 1938 (22 
U.S.C. 611);’’; 
(B) in paragraph (2), by striking the pe-
riod at the end and inserting ‘‘; or’’; and 
(C) by adding at the end the following new 
paragraph: 
‘‘(3) a foreign national to direct, dictate, con-
trol, or directly or indirectly participate in the deci-
sion-making process of any person (including a cor-
poration, labor organization, political committee, or 
political organization) with regard to the Federal or 
non-Federal election-related activity of such person, 
including any decision concerning the making of con-
tributions, donations, expenditures, or disbursements 
in connection with an election for any Federal, 
State, or local office or any decision concerning the 
administration of a political committee.’’; 
(2) in subsection (b)— 
(A) in paragraph (1), by striking ‘‘or’’ at 
the end; 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00425
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
426 
(B) in paragraph (2), by striking the pe-
riod at the end and inserting ‘‘; or’’; and 
(C) by adding at the end the following new 
paragraph: 
‘‘(3) any for-profit corporation, company, lim-
ited liability company, limited partnership, business 
trust, business association, or other similar entity, 
which is not a foreign national described in para-
graph (1) and— 
‘‘(A) in which a foreign national described 
in paragraph (1) or (2) or a foreign business as 
defined in subsection (d) directly or indirectly 
holds, owns, controls, or otherwise has direct or 
indirect beneficial ownership of 1 percent or 
more of the total equity, outstanding voting 
shares, membership units, or other applicable 
ownership interests of the entity; 
‘‘(B) in which two or more foreign nation-
als described in paragraph (1) or (2) or foreign 
businesses as so defined, in aggregate, directly, 
or indirectly hold, own, control, or otherwise 
have direct or indirect beneficial ownership of 
five percent or more of the total equity, out-
standing voting shares, membership units, or 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00426
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
427 
other applicable ownership interests of the enti-
ty; 
‘‘(C) over which one or more foreign na-
tionals described in paragraph (1) or (2) or for-
eign businesses as so defined has the power to 
direct, dictate, or control the decision-making 
process of the entity with respect to its interests 
in the United States; or 
‘‘(D) over which one or more foreign na-
tionals described in paragraph (1) or (2) or for-
eign businesses as so defined has the power to 
direct, dictate, or control the decision-making 
process of the entity with respect to activities in 
connection with a Federal, State, or local elec-
tion, including— 
‘‘(i) the making of a contribution, do-
nation, expenditure, independent expendi-
ture, or disbursement for an electioneering 
communication (within the meaning of sec-
tion 304(f)(3)); or 
‘‘(ii) the administration of a political 
committee established or maintained by the 
entity.’’; and 
(3) by adding at the end the following new sub-
sections: 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00427
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
428 
‘‘(c) CERTIFICATION
OF COMPLIANCE REQUIRED 
FOR CARRYING OUT ACTIVITY.—Prior to the making in 
connection with an election for Federal office of any con-
tribution, donation, expenditure, independent expenditure, 
or disbursement for an electioneering communication by 
a covered for-profit entity, as defined in section 3 of the 
Lobbying Disclosure Act of 1995 (2 U.S.C. 1602), during 
a year, the chief executive officer of the entity (or, if the 
entity does not have a chief executive officer, the highest 
ranking official of the entity), shall file a certification with 
the Commission, under penalty of perjury, avowing that 
the entity is not a foreign national and that a foreign na-
tional did not direct, dictate, control, or directly or indi-
rectly participate in the decision-making process relating 
to such activity in violation of subsection (a)(3), unless 
the chief executive officer or highest ranking official, if 
applicable, has previously filed such a certification within 
the previous 30 days. 
‘‘(d) DEFINITION OF FOREIGN BUSINESS.—For pur-
poses of this section, the term ‘foreign business’ means 
any for-profit corporation, company, limited liability com-
pany, limited partnership, business trust, business associa-
tion, or other similar entity wherein a foreign national 
holds, owns, controls, or otherwise has directly or indi-
rectly acquired beneficial ownership of equity or voting 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00428
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
429 
shares in an amount that is equal to or greater than 50 
percent of the total equity or outstanding voting shares.’’. 
PART IV—ADDITIONAL REQUIREMENTS 
Subpart A—Campaign Finance 
SEC. 731. CLARIFICATION ON TREATMENT OF INFORMA-
TION USED TO INFLUENCE AN ELECTION FOR 
FEDERAL 
OFFICE 
AS 
A 
CONTRIBUTION; 
CLARIFICATION REGARDING PURPOSE OF IN-
FLUENCING AN ELECTION FOR FEDERAL OF-
FICE. 
(a) IN GENERAL.—Section 301(8) of the Federal 
Election Campaign Act of 1971 (52 U.S.C. 30101(8)) is 
amended by adding at the end the following new subpara-
graph: 
‘‘(C) For purposes of subparagraph (A)(i) and 
section 319(a)(1)(A), material, non-public informa-
tion, including opposition research, intended to be 
used for the purpose of influencing an election for 
Federal office as described in subparagraph (A)(i), 
or in the case of section 319(a)(1)(A), in connection 
with a Federal, State, or local election, shall be con-
sidered a thing of value without regard to whether 
the information provided has monetary value.’’. 
(b) CLARIFICATION REGARDING PURPOSE OF INFLU-
ENCING AN ELECTION.— 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00429
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
430 
(1) CONTRIBUTIONS.—Section 301(8)(A)(i) of 
such Act (52 U.S.C. 30101(8)(A)(i)) is amended by 
inserting 
the 
following 
before 
the 
semicolon: 
‘‘(whether in whole or in part, or with the predict-
able effect of, influencing an election for Federal of-
fice)’’. 
(2) EXPENDITURES.—Section 301(9)(A)(i) of 
such Act (52 U.S.C. 30101(9)(A)(i)) is amended by 
inserting 
the 
following 
before 
the 
semicolon: 
‘‘(whether in whole or in part, or with the predict-
able effect of, influencing an election for Federal of-
fice)’’. 
(c) 
APPLICATION
OF
PENALTIES.—Section 
309(d)(1)(A)(ii) 
of 
the 
such 
Act 
(52 
U.S.C. 
30109(d)(1)(A)(ii)) is amended— 
(1) by striking ‘‘$2,000 or more (but less than 
$25,000)’’ and inserting ‘‘less than $25,000’’; and 
(2) by inserting ‘‘or involving information de-
scribed in section 301(8)(C), and which has a value 
that is not ascertainable’’ after ‘‘during a calendar 
year’’. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00430
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
431 
SEC. 732. PROHIBITION ON SUPER PAC–CANDIDATE CO-
ORDINATION. 
(a) CLARIFICATION
OF TREATMENT
OF COORDI-
NATED EXPENDITURES
AS CONTRIBUTIONS
TO CAN-
DIDATES.— 
(1) TREATMENT
AS
CONTRIBUTION
TO
CAN-
DIDATE.—Section 301(8)(A) of the Federal Election 
Campaign Act of 1971 (52 U.S.C. 30101(8)(A)), as 
amended by section 731, is amended— 
(A) by striking ‘‘or’’ at the end of clause 
(i); 
(B) by striking the period at the end of 
clause (ii) and inserting ‘‘; or’’; and 
(C) by adding at the end the following new 
clause: 
‘‘(iii) any payment made by any person 
(other than a candidate, an authorized com-
mittee of a candidate, or a political committee 
of a political party) for a coordinated expendi-
ture (as such term is defined in section 328) 
which is not otherwise treated as a contribution 
under clause (i) or clause (ii).’’. 
(2) DEFINITIONS.—Title III of such Act (52 
U.S.C. 30101 et seq.), as amended by sections 141, 
701, and 712, is amended by adding at the end the 
following new section: 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00431
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
432 
‘‘SEC. 328. PAYMENTS FOR COORDINATED EXPENDITURES. 
‘‘(a) COORDINATED EXPENDITURES.— 
‘‘(1) IN
GENERAL.—For purposes of section 
301(8)(A)(iii), the term ‘coordinated expenditure’ 
means— 
‘‘(A) any expenditure, or any payment for 
a covered communication described in sub-
section (d), which is made in cooperation, con-
sultation, or concert with, or at the request or 
suggestion of, a candidate, an authorized com-
mittee of a candidate, a political committee of 
a political party, or agents of the candidate or 
committee, as defined in subsection (b); or 
‘‘(B) any payment for any communication 
which republishes, disseminates, or distributes, 
in whole or in part, any video or broadcast or 
any written, graphic, or other form of campaign 
material prepared by the candidate or com-
mittee or by agents of the candidate or com-
mittee (including any excerpt or use of any 
video from any such broadcast or written, 
graphic, or other form of campaign material). 
‘‘(2) EXCEPTION FOR PAYMENTS FOR CERTAIN 
COMMUNICATIONS.—A payment for a communication 
(including a covered communication described in 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00432
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
433 
subsection (d)) shall not be treated as a coordinated 
expenditure under this subsection if— 
‘‘(A) the communication appears in a news 
story, commentary, or editorial distributed 
through the facilities of any broadcasting sta-
tion, newspaper, magazine, or other periodical 
publication, unless such facilities are owned or 
controlled by any political party, political com-
mittee, or candidate; or 
‘‘(B) the communication constitutes a can-
didate debate or forum conducted pursuant to 
regulations adopted by the Commission pursu-
ant to section 304(f)(3)(B)(iii), or which solely 
promotes such a debate or forum and is made 
by or on behalf of the person sponsoring the de-
bate or forum. 
‘‘(b) COORDINATION DESCRIBED.— 
‘‘(1) IN GENERAL.—For purposes of this sec-
tion, a payment is made ‘in cooperation, consulta-
tion, or concert with, or at the request or suggestion 
of,’ a candidate, an authorized committee of a can-
didate, a political committee of a political party, or 
agents of the candidate or committee, if the pay-
ment, or any communication for which the payment 
is made, is not made entirely independently of the 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00433
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
434 
candidate, committee, or agents. For purposes of the 
previous sentence, a payment or communication not 
made entirely independently of the candidate or 
committee includes any payment or communication 
made pursuant to any general or particular under-
standing with, or pursuant to any communication 
with, the candidate, committee, or agents about the 
payment or communication. 
‘‘(2) NO
FINDING
OF
COORDINATION
BASED 
SOLELY ON SHARING OF INFORMATION REGARDING 
LEGISLATIVE OR POLICY POSITION.—For purposes 
of this section, a payment shall not be considered to 
be made by a person in cooperation, consultation, or 
concert with, or at the request or suggestion of, a 
candidate or committee, solely on the grounds that 
the person or the person’s agent engaged in discus-
sions with the candidate or committee, or with any 
agent of the candidate or committee, regarding that 
person’s position on a legislative or policy matter 
(including urging the candidate or committee to 
adopt that person’s position), so long as there is no 
communication between the person and the can-
didate or committee, or any agent of the candidate 
or committee, regarding the candidate’s or commit-
tee’s campaign advertising, message, strategy, pol-
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00434
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS
442 
(3) EFFECTIVE DATE.— 
(A) REPEAL
OF
EXISTING
REGULATIONS 
ON COORDINATION.—Effective upon the expira-
tion of the 90-day period which begins on the 
date of the enactment of this Act— 
(i) the regulations on coordinated 
communications adopted by the Federal 
Election Commission which are in effect on 
the date of the enactment of this Act (as 
set forth in 11 CFR Part 109, Subpart C, 
under the heading ‘‘Coordination’’) are re-
pealed; and 
(ii) the Federal Election Commission 
shall promulgate new regulations on co-
ordinated communications which reflect the 
amendments made by this Act. 
(B) EFFECTIVE DATE.—The amendments 
made by this subsection shall apply with respect 
to payments made on or after the expiration of 
the 120-day period which begins on the date of 
the enactment of this Act, without regard to 
whether or not the Federal Election Commis-
sion has promulgated regulations in accordance 
with paragraph (1)(B) as of the expiration of 
such period. 
VerDate Sep 11 2014 
00:09 Feb 17, 2021
Jkt 019200
PO 00000
Frm 00442
Fmt 6652
Sfmt 6201
E:\BILLS\H9029.IH
H9029
pbinns on DSKJLVW7X2PROD with BILLS