Political Reform Act of 1974: statement of economic interests.

The Political Reform Act of 1974 requires persons holding specified public offices to file disclosures of investments, real property interests, and income within specified periods of assuming or leaving office, and annually while holding the office. Specified local elected officers file their statements of economic interests with the city clerk or county clerk, who makes and retains a copy of each statement and forwards the original to the Fair Political Practices Commission, which is the filing officer. This bill would require a city or county clerk who maintains an Internet Web site to post a notification on that Internet Web site that identifies the elected officers who file statements of economic interests with that city or county clerk. The bill would also require the notification to include a statement that a copy of a statement of economic interests for those filers can be obtained by visiting the offices of the Commission or the city or county clerk, as specified. The bill would also require that the notification include a link to the Commission's Internet Web site and a statement that certain statements of economic interests may be available in an electronic format by visiting the Commission's Internet Web site. By imposing additional duties on a local official, this bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to these statutory provisions. The Political Reform Act of 1974, an initiative measure, provides that the Legislature may amend the act to further the act's purposes upon a 23 vote of each house and compliance with specified procedural requirements. This bill would declare that it furthers the purposes of the act.