Amends the Labor-Management Reporting and Disclosure Act of 1959 to authorize the Secretary of Labor, upon finding a violation of specified reporting and disclosure requirements (regarding constitution and bylaws, financial reports, securities, reports of the employer, and trusteeships), to require the person, labor organization or employer responsible to pay a civil money penalty in an amount determined under a schedule that takes into account the nature of the violation involved, the existence of previous violations, and the responsible entity's revenues.
Prohibits the Secretary from making any determination adverse to a person, labor organization, or employer until such person or entity has been given written notice and an opportunity to be heard. Specifies review procedures.