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Proposed 'Legislative Branch Disclosure Act of 1977': H.R. 7401

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Report Type Reports and Testimonies
Report Date June 2, 1977
Report No. 102501
Subject
Summary:

The proposed Legislative Branch Disclosure Act of 1977 should include a system of enforcement, as well as the strong code of conduct and public financial disclosure, if the total process is to be effective. This is necessary in order to gain the respect and confidence of the American public and to deal effectively with conflicts of interest. The bill would require financial disclosure statements to be filed by members of Congress, candidates for Congress, officers of either house of Congress, and certain individuals employed by members or committees of either house of Congress. It would assign the enforcement responsibility to the Department of Justice and does not put auditing responsibility on GAO, a situation potentially threatening to the special relationship between GAO and Congress.

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