; (B) by inserting , without exception after United States Code ; and (C) after the period at the end, by inserting An individual may not serve on an Oversight Board if that individual is in violation of section 208 of title 18, United States Code. ; and (2) by adding at the end the following: (c) Formal written statement An individual, including an individual under consideration for appointment or serving as a member of an Oversight Board on the date of the enactment of this subsection, may not serve as a member of an Oversight Board or as an Executive Director unless the individual— (1) has issued a formal statement regarding that individual’s past and present compliance, and intent of future compliance with all applicable Federal laws regulating the individual’s conduct, including conflict of interest, financial disclosure, and open government laws; and (2) has committed in writing to strictly abide by section 208 of title 18, United States Code, and other applicable Federal laws regulating their conduct, including conflict of interest, financial disclosure, and open government laws. (d) Federal lobbying Section 1913 of title 18, United States Code, shall apply to all funds made available to members and staff of an Oversight Board without regard to the source of such funds. (e) Annual ethics report Not later than May 15 each year, the Executive Director and each member of an Oversight Board shall file a report with the ethics board. Such annual reports shall— (1) be posted by the ethics board on the public electronic website of an Oversight Board not later than June 1st of each year; (2) be filed in accordance with— (A) the Ethics in Government Act of 1978; and (B) the Stop Trading on Congressional Knowledge Act of 2012