Introduced in House Passed House Introduced in Senate Passed Senate To President Became Law
12/03/2019 12/03/2019   12/04/2019 12/05/2019 12/05/2019

To amend section 442 of title 18, United States Code, to exempt certain interests in mutual funds, unit investment trusts, employee benefit plans, and retirement plans from conflict of interest limitations for the Government Publishing Office.

Date Version PDF TXT
01/01/2111 Public Law Open
01/01/2111 Enrolled Bill Open
01/01/2111 Engrossed in House Open
12/06/2019 Enrolled Bill Open
12/06/2019 Received in Senate Open
12/05/2019 Engrossed in House Open
12/04/2019 Received in Senate Open
12/04/2019 Enrolled Bill Open
12/03/2019 Received in Senate Open
12/03/2019 Engrossed in House Open
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116th CONGRESS
1st Session
H. R. 5277


IN THE SENATE OF THE UNITED STATES

December 4, 2019

Received


AN ACT

To amend section 442 of title 18, United States Code, to exempt certain interests in mutual funds, unit investment trusts, employee benefit plans, and retirement plans from conflict of interest limitations for the Government Publishing Office.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Government Publishing Office.

(a) In general.—Section 442 of title 18, United States Code, is amended to read as follows:

§ 442. Government Publishing Office

“(a) Definitions.—In this section—

“(1) the terms ‘diversified’, ‘employee benefit plan’, ‘holdings’, ‘mutual fund’, and ‘unit investment trust’ have the meanings given those terms under section 2640.102 of title 5, Code of Federal Regulations, or any successor thereto; and

“(2) the term ‘printing-related interest’ means an interest, direct or indirect, in—

“(A) the publication of any newspaper or periodical;

“(B) any printing, binding, engraving, or lithographing of any kind; or

“(C) any contract for furnishing paper or other material connected with the public printing, binding, lithographing, or engraving.

“(b) Offense.—

“(1) IN GENERAL.—Except as provided in paragraph (2), the Director of the Government Publishing Office, Deputy Director of the Government Publishing Office, nor any of their assistants as determined by the Director of the Government Publishing Office shall not, during his or her continuance in office, have any printing-related interest.

“(2) EXCEPTION FOR MUTUAL FUNDS, UNIT INVESTMENT TRUSTS, EMPLOYEE BENEFIT PLANS, AND RETIREMENT PLANS.—It shall not be a violation of paragraph (1) for an individual who is described in such paragraph to have an interest in a diversified mutual fund, diversified unit investment trust, employee benefit plan, investment fund under the Thrift Savings Plan under subchapter III of chapter 84 of title 5, or pension plan established or maintained by a State government or any political subdivision of a State government for its employees that has 1 or more holdings that are printing-related interests if the fund, trust, or plan does not exhibit a practice of concentrating in printing-related interests.

“(3) AUTHORITY OF SUPERVISING ETHICS OFFICE.—The supervising ethics office for the Government Publishing Office under the Ethics in Government Act of 1978 (5 U.S.C. App.) shall have the authority to issue rules and promulgate regulations governing the implementation of this subsection.

“(c) Penalty.—Whoever violates subsection (b)(1) shall be fined under this title, imprisoned for not more than 1 year, or both.”.

(b) Technical and conforming amendment.—The table of sections for chapter 23 of title 18, United States Code, is amended by striking the item relating to section 442 and inserting the following:


“442. Government Publishing Office.”.

Passed the House of Representatives December 3, 2019.

    Attest:cheryl l. johnson,   
    Clerk.

Picture Name From Date Type
Zoe Lofgren D-CA 12/03/2019 Sponsor
Rodney Davis R-IL 12/03/2019 Cosponsor
Date Branch Action
12/05/2019 President Became Public Law No: 116-78.
12/05/2019 President Signed by President.
12/05/2019 House of Representatives Presented to President.
12/05/2019 Senate Message on Senate action sent to the House.
12/05/2019 President Became Public Law No: 116-78. (TXT | PDF)
12/04/2019 Senate Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S6861)
12/03/2019 House of Representatives Motion to reconsider laid on the table Agreed to without objection.
12/03/2019 House of Representatives On passage Passed without objection. (text: CR H9210)
12/03/2019 President Motion to reconsider laid on the table Agreed to without objection.Action By: House of Representatives
12/03/2019 President On passage Passed without objection.Action By: House of Representatives
12/03/2019 House of Representatives Ms. Lofgren asked unanimous consent to discharge from committee and consider.
12/03/2019 President Considered by unanimous consent.Action By: House of Representatives
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Summary
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Bill TEXT Points.
This Bill has been listed with the following Subjects from Texts:
Government Publishing Office
Public Law 116–78: To amend section 442 of title 18, United States Code, to exempt certain interests in mutual funds, unit investment trusts, employee benefit plans, and retirement plans from conflict of interest limitations for the Government Publishing Office

States
Public Law 116–78: To amend section 442 of title 18, United States Code, to exempt certain interests in mutual funds, unit investment trusts, employee benefit plans, and retirement plans from conflict of interest limitations for the Government Publishing Office


End Bill TEXT Points.
Date Bill Major Title
Committee Name
Subject Type