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18 U.S.C. § 442Government Publishing Office

submitted 78 years ago by ch. 645 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 324 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law bans top Government Publishing Office officials from having printing-business interests. The Director, Deputy Director, and top assistants can't hold printing-related interests while serving. There's an exception for diversified funds, and violators face a fine or prison.

(a) Definitions. This section borrows several terms — "diversified," "employee benefit plan," "holdings," "mutual fund," and "unit investment trust" — from a federal ethics regulation, 5 C.F.R. § 2640.102 (or whatever regulation replaces it). It also defines "printing-related interest" as any direct or indirect interest in: (A) publishing any newspaper or periodical; (B) any kind of printing, binding, engraving, or lithographing; or (C) any contract to supply paper or other material connected with public printing, binding, lithographing, or engraving. (b) Offense. (1) In general. Except as allowed by paragraph (2), the Director of the Government Publishing Office, the Deputy Director, and any of their assistants (as the Director determines) may not have any printing-related interest while they hold that office. (2) Exception for mutual funds, unit investment trusts, employee benefit plans, and retirement plans. It's not a violation for someone covered by paragraph (1) to hold an interest in a diversified mutual fund, diversified unit investment trust, employee benefit plan, a Thrift Savings Plan investment fund, or a state or local government pension plan — even if that fund, trust, or plan happens to hold some printing-related interests — as long as the fund, trust, or plan doesn't specifically concentrate its holdings in printing-related interests. (3) Authority of supervising ethics office. The ethics office that supervises the Government Publishing Office under the Ethics in Government Act of 1978 can issue rules and regulations to implement this subsection. (c) Penalty. Anyone who violates subsection (b)(1) can be fined under this title, imprisoned for up to one year, or both.
the actual law source: uscode.house.gov ↗public domain
(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 1 any of their assistants as determined by the Director of the Government Publishing Office shall not,1 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.) 2 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.

Source credit: (June 25, 1948, ch. 645, 62 Stat. 704; Pub. L. 103–322, title XXXIII, § 330016(1)(H), Sept. 13, 1994, 108 Stat. 2147; Pub. L. 116–78, § 1(a), Dec. 5, 2019, 133 Stat. 1175.)

history & why it existsrecord from the source credit
  • 1948Enacted · Act of June 25, 1948, ch. 645 · 62 Stat. 704
  • 1994Amended · Pub. L. 103-322 · 108 Stat. 2147
  • 2019Amended · Pub. L. 116-78 · 133 Stat. 1175

A history note hasn’t been published yet. The record shows enactment by ch. 645 on 1948-06-25.

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