117-s-3059117th CongressWALLET

Courthouse Ethics and Transparency Act

Sponsored By: Senator Cornyn, John [R-TX]

Became Law

Summary

Expands financial reporting and public access for federal judges. The Courthouse Ethics and Transparency Act adds periodic transaction reporting requirements and directs the Administrative Office of the United States Courts (AOUSC) to publish judges' financial disclosure reports in a searchable online database.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Judges' financial reports go online

The court system must post judges’ financial disclosure reports online. The Administrative Office of the U.S. Courts must set up a searchable database within 180 days after enactment. Each report must be posted in a searchable, sortable, downloadable format within 90 days after its due date. Required redactions stay hidden. The office can ask Congress for more time but must keep making reports available while the database is built.

Judges must report stock trades

Judicial officers, bankruptcy judges, and U.S. magistrate judges must file periodic transaction reports. The law also makes clear that judges and judicial employees are covered. The clarification takes effect on enactment. The reporting rule applies to transactions on or after 90 days after enactment. Covered judges must follow the new filing deadlines and formats.

Sponsors & CoSponsors

Sponsor

Cornyn, John [R-TX]

TX • R

Cosponsors

  • Sen. Coons, Christopher A. [D-DE]

    DE • D

    Sponsored 10/25/2021

  • Sen. Kennedy, John [R-LA]

    LA • R

    Sponsored 10/25/2021

  • Sen. Whitehouse, Sheldon [D-RI]

    RI • D

    Sponsored 10/25/2021

  • Sen. Durbin, Richard J. [D-IL]

    IL • D

    Sponsored 10/25/2021

  • Sen. Cruz, Ted [R-TX]

    TX • R

    Sponsored 10/25/2021

  • Sen. Grassley, Chuck [R-IA]

    IA • R

    Sponsored 10/25/2021

  • Sen. Ossoff, Jon [D-GA]

    GA • D

    Sponsored 10/25/2021

Roll Call Votes

No roll call votes available for this bill.

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