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Code · BILL · 116th Congress · H.R. 9029 (Introduced in House) — To improve the anti-corruption and public integrity laws, and for other purposes. · Sec. 601

Sec. 601. Categories relating to the amount or value of certain income

491 words·~2 min read·/bill/116/hr/9029/ih/section-601

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Section 102 of the Ethics in Government Act of 1978 (5 U.S.C. App.) is amended— in subsection (a)— in paragraph (1)(B)— in the matter preceding clause (i), by striking which of the following categories 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 ; by redesignating clauses
(i)through
(iv)as subclauses
(I)through (IV), respectively, and adjusting the margin accordingly; by inserting before subclause (I), as so redesignated, the following: 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 income is within: ; in clause (i)(III), as so designated, by adding or at the end; in clause (i)(IV), as so designated, by striking $15,000, and inserting $25,000. ; and by striking clauses
(v)through
(ix)and inserting the following: 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: 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. For items of income 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. 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. ; in paragraph (3), by striking category of value and inserting value, in accordance with subsection (d)(2), ; and in paragraph (4), in the matter preceding subparagraph (A), by striking category of value and inserting value, in accordance with subsection (d)(2), ; and in subsection (d)— in paragraph (1), in the matter preceding subparagraph (A), by striking (3), (4), (5), and
(8)and inserting
(5)and
(8); by redesignating paragraph
(2)as paragraph (3); and by inserting after paragraph
(1)the following: The amount or value of the items covered in paragraphs
(3)and
(4)of subsection
(a)shall be reported as follows: 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: Not more than $15,000. Greater than $15,000 but not more than $25,000. For items with an amount or value of greater than $25,000, the amount or value of the item, rounded as follows: 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. 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. For items with an amount or value of greater than $1,000,000, the amount or value rounded to the nearest $1,000,000. .
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