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Code · STATUTE-COMPILATIONS · Environmental Research, Development, and Demonstration Authorization Act of 1978 · Sec. 12

Sec. 12. **[**[42 U.S.C. 4367](/us/usc/t42/s4367)**]**

283 words·~1 min read·/statute-compilations/comps-10337/sec-12

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## Sec. 12 **[**[42 U.S.C. 4367](/us/usc/t42/s4367)**]** ###
(a)Each officer or employee of the Environmental Protection Agency who— ####
(1)performs any function or duty under this Act; and ####
(2)has any known financial interest in any person who applies for or receives grants, contracts, or other forms of financial assistance under this Act, shall, beginning on February 1, 1978, annually file with the Administrator a written statement concerning all such interests held by such officer or employee during the preceding calendar year. Such statement shall be available to the public. ###
(b)The Administrator shall— ####
(1)act within ninety days after the date of enactment of this Act— #####
(A)to define the term “**known financial interest**” for purposes of subsection
(a)of this section; and #####
(B)to establish the methods by which the requirement to file written statements specified in subsection
(a)of this section will be monitored and enforced, including appropriate provision for the filing by such officers and employees of such statements and the review by the Administrator of such statements; and ####
(2)report to the Congress on June 1 of each calendar year with respect to such disclosures and the actions taken in regard thereto during the preceding calendar year. ###
(c)In the rules prescribed under subsection
(b)of this section, the Administrator may identify specific positions of a nonpolicymaking nature within the Administration and provide that officers or employees occupying such positions shall be exempt from the requirements of this section. ###
(d)Any officer or employee who is subject to, and knowingly violates, this section, shall be fined not more than $2,500 or imprisoned not more than one year, or both.
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Sec. 12
**[**[42 U.S.C. 4367](/us/usc/t42/s4367)**]**
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