RELATING TO FINANCIAL DISCLOSURES.
What changed between versions
Added a requirement for executive directors and executive officers of specified boards and commissions to file public financial disclosure statements.
Updated the list of covered entities to include or exclude specific offices, such as the special assistant to the state librarian and the office of Hawaiian affairs.
Expanded the specific financial details that must be reported, including income sources, ownership interests, creditor debts, real property values, and client representation.
Established administrative fines of $50 for late filing and $250 for continued non-compliance, along with public listing of non-filers.
Set the effective date for the new requirements to July 1, 2027.
Clarified that stock amounts can be reported by number of shares rather than value.