Sec. 308. Rulemaking for ethics requirements for legal expense funds
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/bill/117/hr/5314/rds/section-308·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 1 year after the date of enactment of this Act, the Director of the Office of Government Ethics shall finalize a rule establishing ethics requirements for the establishment or operation of a legal expense fund for the benefit of the President, the Vice President, or any political appointee (as such term is defined in section 1216 of title 5, United States Code) consistent with the requirements of subsection (b). A legal expense fund described in subsection
(a)may not accept any contribution or other payment made by— an individual who is a registered lobbyist under the Lobbying Disclosure Act of 1995 ( 2 U.S.C. 1601 et seq. ); or an agent of a foreign principal. In the case of any such contribution being made, the legal expense fund shall take appropriate remedial action and the Director of the Office of Government Ethics may assess a fine against the individual or agent. For purposes of this section, the term agent of a foreign principal has the meaning given such term under section 1 of the Foreign Agents Registration Act of 1938, as amended ( 2 U.S.C. 611 ).
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