A Representative Republic No More

Complete Congressional proceedings for this day can be found at http://houselive.gov/MediaPlayer.php?view_id=2&clip_id=10013. This segment starts at 2 hrs 52 min 30 sec.

Let’s look at the timeline for this legislation:

ALL ACTIONS:

4/11/2013:
Introduced in the Senate, read twice, considered, read the third time, and passed
without amendment by Unanimous Consent. (consideration: CR S2583-2584; text as
passed Senate: CR S2584; text of measure as introduced: CR S2593)
4/11/2013 5:33pm:
Received in the House.
4/11/2013:
Message on Senate action sent to the House.
4/11/2013 6:07pm:
Held at the desk.
4/12/2013 12:52pm:
Mr. Cantor asked unanimous consent to take from the Speaker’s table and consider.
4/12/2013 12:52pm:
Considered by unanimous consent. (consideration: CR H1978-1979)
4/12/2013 12:53pm:
On passage Passed without objection. (text: CR H1979)
4/12/2013 12:53pm:
Motion to reconsider laid on the table Agreed to without objection.
4/12/2013:
Presented to President.
4/15/2013:
Signed by President.

Here is a copy of the approved legislation:

113th CONGRESS 
1st Session 
S. 716
To modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related forms.

IN THE SENATE OF THE UNITED STATES 
April 11, 2013
Mr. REID introduced the following bill; which was read twice, considered, read the third time, and passed


 A BILL

To modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related forms.

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

SECTION 1. MODIFICATIONS OF ONLINE ACCESS TO CERTAIN FINANCIAL DISCLOSURE STATEMENTS AND RELATED FORMS.

(a) Public, Online Disclosure of Financial Disclosure Forms-

(1) IN GENERAL- Except with respect to financial disclosure forms filed by officers and employees referred to in paragraph (2), section 8(a) and section 11(a) of the STOCK Act (5 U.S.C. App. 105 note) shall not be effective.

(2) EXEMPTED OFFICERS AND EMPLOYEES- The officer and employees referred to in paragraph (1) are the following:

(A) The President.

(B) The Vice President.

(C) Any Member of Congress.

(D) Any candidate for Congress.

(E) Any officer occupying a position listed in section 5312 or section 5313 of title 5, United States Code, having been nominated by the President and confirmed by the Senate to that position.

(3) CONFORMING AMENDMENT- Section 1 of the Act entitled `An Act to change the effective date for the internet publication of certain information to prevent harm to the national security or endangering the military officers and civilian   employees to whom the publication requirement applies, and for other purposes’ is repealed.

(b) Electronic Filing and Online Availability-     (1) FOR MEMBERS OF CONGRESS AND CANDIDATES- Section 8(b) of the STOCK Act (5 U.S.C. App. 105 note) is amended–

(A) in the heading, by striking `, Officers of the House and Senate, and Congressional Staff’;

(B) in paragraph (1)–

(i) by striking `18 months after the date of enactment of this Act’ and inserting `January 1, 2014′;

(ii) by amending subparagraph (B) to read as follows:

`(B) public access to–/p>

`(i) financial disclosure reports filed by Members of Congress and candidates for Congress,
`(ii) reports filed by Members of Congress and candidates for Congress of a transaction disclosure required by section 103(l) of the Ethics in Government Act of 1978, and
(iii) notices of extensions, amendments, and blind trusts, with respect to financial disclosure reports described in clauses (i) and (ii),
pursuant to title I of the Ethics in Government Act of 1978 (5 U.S.C. App. 101 et seq.), through databases that are maintained on the official websites of the House of Representatives and the Senate.’;

(C) in paragraph (2)–

(i) by striking the first two sentences; and
(ii) in the last sentence, by striking `under this section’ and inserting `under paragraph (1)(B)’;

(D) in paragraph (3), by striking `under this subsection’ and inserting `under paragraph (1)(B)’;

(E) in paragraph (4), by inserting `be able to’ after `shall’; and

(F) in paragraph (5), by striking `under this subsection’ and inserting `under paragraph (1)(B)’.

(2) FOR EXECUTIVE BRANCH OFFICIALS- Section 11(b) of the STOCK Act (5 U.S.C. App. 105 note) is amended–

(A) in the heading, by striking `Employees’ and inserting `Officials’ ;

(B) in paragraph (1)–

(i) by striking `18 months after the date of enactment of this Act’ and inserting `January 1, 2014′;
(ii) by amending subparagraph (B) to read as follows:

`(B) public access to–

`(i) financial disclosure reports filed by the President, the Vice President, and any officer occupying a position listed in section 5312 or section 5313 of title 5, United States Code, having been nominated by the President and confirmed by the Senate to that position,
`(ii) reports filed by any individual described in clause (i) of a transaction disclosure required by section 103(l) of the Ethics in Government Act of 1978, and
`(iii) notices of extensions, amendments, and blind trusts, with respect to financial disclosure reports described in clauses (i) and (ii),
pursuant to title I of the Ethics in Government Act of 1978 (5 U.S.C. App. 101 et seq.), through databases that are maintained on the official website of the Office of Government Ethics.’;

(C) in paragraph (2)–

(i) by striking the first two sentences; and
(ii) in the last sentence, by striking `under this section’ and inserting `under paragraph (1)(B)’;

(D) in paragraph (3), by striking `under this subsection’ and inserting `under paragraph (1)(B)’;

(E) in paragraph (4), by inserting `be able to’ after `shall’; and

(F) in paragraph (5), by striking `under this subsection’ and inserting `under paragraph (1)(B)’.

Also notice that this was approved during their lunch hour.

David DeGerolamo

h/t Lois

    
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WNC Patriot
WNC Patriot
11 years ago

Disgusting disgusting disgusting

Larry Porter
11 years ago

We lost representative government when candidates (including incumbents) learned the marketing strategies used by corporations. I do not know when this happened but it has been a long time ago. Since then, the people elected to office are those who use the corporate marketing tactics the most effectively. They are able to gain office and stay there for as long as they continue to remain updated and ahead of those running against them. That is why a campaign manager is much more valuable to a politician than any expert on a particular subject they may be voting on. They no longer need worry about anything they do in Washington. As witnessed by their actions over the past century, they don’t. And still 95% continue to get re-elected.

Dave
11 years ago

So if every citizens declares they are a write-in candidate for the next election, then no one
can be prosecuted for insider trading again? Best of all no filing of financial transaction
disclosure statements will be required either. Good, remove one more white-collar criminal
from the definition and the FBI can get on with proving the highly-planned and executed bombing
in Boston was really the work of “domestic extremist.”

Larry Porter
11 years ago
Reply to  Dave

But then they will pass new legislation or a new EO making all write-in candidates terrorists, thus allowing the FBI and all the other alphabetic government morons carte blanche on write-in candidates, thus eliminating that source of applecart upsetting for the incumbents.

william Sterrett
william Sterrett
11 years ago

I would expect no more than this from our current leadership. Vile bastards. In Liberty, Bill