Changes to Existing Law
HB1166 — Require financial interest statements from members of certain state authorities, boards, and commissions, and to provide a penalty therefor.
1 section modified+1062-0
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§ 3-23
New Section+1062
NEW SECTION added to Chapter 3-23
Each member of an authority, board, or commission listed in § 3-23-10 shall file an annual financial interest statement with the secretary of state on or before January thirty-first of each year. The statement must disclose: (1) Any source of moneys, business, or economic relationship that contributes more than two thousand dollars to the gross income of the member's immediate family in the preceding calendar year; (2) Any enterprise in which the member, member's spouse, or person with whom the member lives, controls more than ten percent of the capital or stock; (3) Any position held as an officer, director, partner, or member of a governing board of any corporation, firm, partnership, or other business enterprise or nonprofit organization; (4) Any contract or business relationship with the state or any political subdivision of the state, or with any entity receiving grants, loans, tax rebates, or other financial assistance from the state; and (5) Any real property ownership interest generating an annual income exceeding ten thousand dollars. 20