Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
The Financial Disclosure Modernization Act revises the dollar ranges used in required financial disclosure reports for federal officials. It adds higher brackets for dividends, rents, interest, capital gains, and other reported amounts. The changes aim to keep the reporting system current with larger asset values.
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