U.S. Office of Government Ethics
1201 New York Ave., NW
Suite 500
Washington, DC 20005-3917





					March 17, 2006
					DO-06-007


MEMORANDUM	

TO:	    Designated Agency Ethics Officials

FROM:	    Marilyn L. Glynn
	    Acting Director

SUBJECT:    Proposed New OGE Form 450

The Office of Government Ethics (OGE) has published a first-
round paperwork notice in the March 17, 2006 issue of the
Federal Register (See 71 FR 13848-13850) requesting comments on
a new proposed OGE Form 450, Executive Branch Confidential
Financial Disclosure Report form. A copy of the proposed
modified OGE Form 450 may be obtained, without charge, by
contacting Jim Parle at 202-482-9300 or at jvparle@oge.gov.
Comments are due by May 31, 2006.

You may remember that, in August of 2005, OGE published notice
that it was proposing to modify the OGE Form 450, to improve its
clarity and design, and to change in part the information that
it collects.  The form that we proposed at that time was
distributed and discussed at the September 2005 ethics
conference in New York.  In response to the many helpful
comments that we received, both at the conference and in
writing, we have redesigned the proposed new OGE Form 450 and
have now published a first round paperwork notice regarding our
improved version.

As you know, the proposed amendments to the financial disclosure
regulation include changing the reporting period to a calendar
year cycle and changing the annual filing deadline to February
15.  Because we expect that our proposed amendments to both the
regulation and the OGE Form 450 will be finalized this summer,
OGE plans to waive this fall's incumbent OGE Form 450 filing.
Thus, instead of submitting their next reports by October 31,
2006, incumbents will file their reports by February 15, 2007,
and these reports will cover the fifteen-month period from
October 1, 2005 to December 31, 2006.