Relating to disclosure of certain relationships with local government officers and vendors.

SB 461 requires local government officers and vendors to disclose certain financial relationships, such as investments, business connections, or family ties, that could create conflicts of interest. It defines key terms like "business relationship" (excluding regulated transactions or public-priced services) and "family member" (within third degree consanguinity). The disclosure rules apply only to events occurring on or after January 1, 2026, with prior events governed by existing law. This bill aims to increase transparency in local government dealings without altering substantive policies.