Section 1 Short title
This Act may be cited as the “Timely Stock Disclosure Act”.
Timely Stock Disclosure Act
A BILL
To amend title 5, United States Code, to require the reporting of periodic transaction reports not later than 15 days after receiving notification of the requirement to report a transaction but in no case later than 30 days after such transaction, and for other purposes.
Sec. 2 Periodic transaction reports
Periodic transaction reports—
In general— Section 13105(l) of title 5, United States Code, is amended by—
striking “30 days” and inserting “15 days”; and
striking “45 days” and inserting “30 days”.
Application— The amendments made by paragraph (1) shall begin to apply 90 days after the date of the enactment of this Act.
Technical correction— Such section is further amended, in the matter preceding paragraph (1), by striking “section 13104(a)(5)(B” and inserting “section 13104(a)(5)(B)”.