Campaign and Election Reform Act

[AI summary unavailable — showing source text] Title I: Ombinus Disclosure Requires members of all three branches of government to file a financial disclosure report with the Comptroller General on or before May 1 of each year. States that this disclosure requirement applies to all Federal judges and justices, the President and Vice President and all Members of Congress, and to Federal officials and to those employees of Members of Congress, Congress itself, the judiciary, and the executive branch who receive more than $18,000 a year and have served for more than 30 days. Provides that candidates for Congress, the presidency and vice-presidency are also required to file disclosure reports within 30 days of becoming a candidate. Requires such disclosure reports to contain the following information: (1) the identity and value of interests in real or personal property worth more than $500, (2) creditors to whom more than $1,000 is owed and the amount of each such debt, (3) sources and amount of income greater than $100, (4) dealings in securities or commodities, (5) transctions in real property, (6) nature, source and value of each non-family gift of more than $100, (7) the amount and source of each contribution to defray campaign…