Sec. 203. Penalty for STOCK Act noncompliance
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The STOCK Act ( Public Law 112–105 ; 126 Stat. 291; 126 Stat. 1310; 127 Stat. 438; 132 Stat. 4167) is amended by adding at the end the following: Notwithstanding any other provision of law (including regulations), an individual shall be assessed a fine, pursuant to regulations issued by the applicable supervising ethics office (including the Administrative Office of the United States Courts, as applicable), of $500 in each case in which the individual fails to file a transaction report required under this Act.
The fines paid under this section shall be deposited in the miscellaneous receipts of the Treasury. . Not later than 1 year after the date of enactment of this Act, each supervising ethics office (as defined in section 2 of the STOCK Act ( 5 U.S.C. 13101 note)) (including the Administrative Office of the United States Courts, as applicable) shall amend the rules, regulations, guidance, documents, papers, and other records of the supervising ethics office in accordance with the amendment made by this section.
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- Pub. L. 112-105
- 126 Stat. 1310
- 127 Stat. 438
- 132 Stat. 4167
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Sec. 203
Penalty for STOCK Act noncompliance
Pub. L.Pub. L. 112-105
Stat.126 Stat. 1310
Stat.127 Stat. 438
Stat.132 Stat. 4167
Cites 6Cited by 0 across 0 sources