93 STAT. 884
PUBLIC LAW 96-122—NOV. 17, 1979 in order to enable the Comptroller General and the enrolled actuary to mgike the determinations and statement required by this section. CONFORMING AMENDMENTS
Repeal.
Ante, p. 873. Repeal. Repeal.
Repeal.
SEC. 146. (a)(1) Section 7 of the Act entitled "An Act for the retirement of public-school teachers in the District of Columbia", approved August 7, 1946 (D.C. Code, sec. 31-727), is repealed. (2) Section 14 of such Act of August 7, 1946 (D.C. Code, sec. 31-734), is amended— (A) in the third sentence, by striking out "The" and inserting in lieu thereof "Until such time as all amounts in the teachers' retirement and annuity fund have been expended or transferred to the District of Columbia Teachers' Retirement Fund established by section 123(a) of the District of Columbia Retirement Reform Act, the"; and (B) by striking out the fourth sentence. (3) Section 15 of such Act of August 7, 1946 (D.C. Code, sec. 31-735), is repealed. (b) The proviso in the fourth paragraph (relating to District government retirement and relief funds) under the heading "Compensation and Retirement Fund Expenses" in the Act of July 31, 1953 (D.C. Code, sec. 31-716a), is repealed. (c)(1) Section 7 of the Act entitled "An Act for the retirement of public-school teachers in the District of Columbia", approved January 15, 1920 (D.C. Code, sec. 31-707), is amended by striking out the second and third sentences of the first paragraph. (2) Section 14 of such Act of January 15, 1920 (D.C. Code, sec. 31-715), is amended by striking out the third and fourth sentences. (3) Section 15 of such Act of January 15, 1920 (D.C. Code, sec. 31-716), is repealed. PART D—REPORTING AND DISCLOSURE REQUIREMENTS PERSONAL F I N A N C I A L DISCLOSURE BY BOARD MEMBERS
26 USC 61.
SEC. 161. (a) Each member of the Board shall, within ninety days of his selection as a member of the Board and not later than April 30 of each year thereafter, submit to the Mayor, the Council, the Speaker, and the President pro tempore a personal financial disclosure statement with respect to the preceding calendar year. Such statement shall be in such form as the Council may by regulation require and shall contain such information with respect to the member's financial condition as the Council may by regulation require, including the following information: (1) The amount and source of all income (as defined in section 61 of the Internal Revenue Code of 1954) received during the year. (2) The identity and category of value of each liability owned, directly or indirectly, that exceeds $2,500 as of the last day of the year (excluding any mortgage that secures real property that is the principal residence of such member). (3) The identity and category of value of any property held, directly or indirectly, in a trade or business or for investment or the production of income that has a fair market value of not less than $1,000 as of the last day of the year. (4) The identity and category of value of any transaction, whether direct or indirect, in securities or commodities futures during the year in excess of $1,000 (excluding any gift to any tax-
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