QUARTERLY FILING OF LOBBYING DISCLOSURE REPORTS.

SEC. 201. QUARTERLY FILING OF LOBBYING DISCLOSURE REPORTS.(a) Quarterly Filing Required.—Section 5 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1604) is amended—(1) in subsection (a)—(A) by striking “Semiannual” and inserting “Quarterly”;(B) by striking “45 days” and all that follows through “section 4,” and inserting “20 days after the end of the quarterly period beginning on the first day of January, April, July, and October of each year in which a registrant is registered under section 4, or on the first business day after such 20th day if the 20th day is not a business day,”; and(C) by striking “such semiannual period” and inserting “such quarterly period”; and(2) in subsection (b)—(A) in the matter preceding paragraph (1), by striking “semiannual report” and inserting “quarterly report”;(B) in paragraph (2), by striking “semiannual filing period” and inserting “quarterly period”;(C) in paragraph (3), by striking “semiannual period” and inserting “quarterly period”; and(D) in paragraph (4), by striking “semiannual filing period” and inserting “quarterly period”.121 STAT. 742(b) Conforming Amendments.—(1) Definition.—Section 3(10) of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1602) is amended by striking “six month period” and inserting “3-month period”.(2) Registration.—Section 4 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1603) is amended—(A) in subsection (a)(1), by inserting after “earlier,” the following: “or on the first business day after such 45th day if the 45th day is not a business day,”; and(B) in subsection (a)(3)(A), by striking “semiannual period” and inserting “quarterly period”.(3) Enforcement.—Section 6 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1605) is amended in paragraph (6) by striking “semiannual period” and inserting “quarterly period”.(4) Estimates.—Section 15 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1610) is amended—(A) in subsection (a)(1), by striking “semiannual period” and inserting “quarterly period”; and(B) in subsection (b)(1), by striking “semiannual period” and inserting “quarterly period”.(5) Dollar amounts.—Section 4 of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1603) is further amended—(A) in subsection (a)(3)(A)(i), by striking “$5,000” and inserting “$2,500”;(B) in subsection (a)(3)(A)(ii), by striking “$20,000” and inserting “$10,000”;(C) in subsection (b)(3)(A), by striking “$10,000” and inserting “$5,000”; and(D) in subsection (b)(4), by striking “$10,000” and inserting “$5,000”.(6) Reports.—Section 5(c) of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1604(c)) is further amended—(A) in paragraph (1), by striking “$10,000” and “$20,000” and inserting “$5,000” and “$10,000”, respectively; and(B) in paragraph (2), by striking “$10,000” both places such term appears and inserting “$5,000”.