This Act may be cited as the Financial Disclosure Modernization Act.

Section 13104(a)(1)(B) of title 5, United States Code, is amended— (1) in clause (viii), by striking or; and (2) by striking clause (ix) and inserting the following: (ix) greater than $5,000,000 but not more than $25,000,000; (x) greater than $25,000,000 but not more than $100,000,000; (xi) greater than $100,000,000 but not more than $500,000,000; (xii) greater than $500,000,000 but not more than $1,000,000,000; or (xiii) greater than $1,000,000,000..

Section 13104(d)(1) of title 5, United States Code, is amended— (1) in subparagraph (I), by striking and; and (2) by striking subparagraph (J) and inserting the following: (J) greater than $50,000,000 but not more than $100,000,000; (K) greater than $100,000,000 but not more than $250,000,000; (L) greater than $250,000,000 but not more than $500,000,000; (M) greater than $500,000,000 but not more than $1,000,000,000; and (N) greater than $1,000,000,000..

The amendments made by this Act shall apply with respect to financial disclosure reports under chapter 131 of title 5, United States Code, that are required to be filed on or after the date of the enactment of this Act.