S 1340 · 94th Congress · Government Operations and Politics
Omnibus Disclosure Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Rules and Administration.(1975-03-26)
Plain Language Summary
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Omnibus Disclosure Act - Requires on or before May 1 of each calendar year that anyone who has served at any time during the preceding calendar year as a Federal officer or employee to file with the Comptroller General a financial disclosure report. Requires any individual not otherwise a Federal officer or employee who becomes a candidate to file within 30 days a financial disclosure report with the Comptroller General. Exempts service rendered as a congressional employee, Federal executive employee, or Federal judicial employee not exceeding 30 days during the calendar year from such requirement. Sets forth the requirements of such report including: (1) the identity and value of such interest in real and personal property; (2) the identity of each creditor to whom indebted; (3) the value and source of each item of income; (4) the nature, source, and value of each gift; (5) each purchase and sale of real property or securities during the year. Requires any Federal officer or employee who is or was associated with a law firm to identify each client who paid to such firm fees exceeding $1,000, while the individual was a Federal officer or employee to state whether such clients were …
Summarized by Claude AI · Non-partisan · For informational purposes only