A bill to promote public confidence in the legislative, executive, and judicial branches of the Government of the United States.

Requires each Member of Congress and each judge or justice of a court of the United States and each Federal employee compensated in excess of $20,000 per annum to file annually and any candidate for Congressional office to file within one month after he becomes a candidate a financial report of: (1) the amount and source of each item of income reimbursement, gift, etc., which exceeds $1,000 (2) the value of each asset held by him; (3) all dealings in securities or commodities; and (4) all purchases and sales of real property or interest by him.

Requires such reports to be filed under penalty for perjury in such form and detail as the Comptroller General may prescribe. Makes such reports public records. Sets forth a penalty of a fine of $2,000 and/or up to 5 years imprisonment for filing false statements.