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AR SB785

Bill

Status

Passed

4/4/2013

Primary Sponsor

Jane English

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Origin

Senate

89th General Assembly (2013 Regular)

AI Summary

  • Amends Arkansas Code § 21-8-701(d) to reorganize and renumber the required contents of financial interest statements filed by public servants and candidates

  • Adds a new disclosure requirement for sources of gross income exceeding $12,500 annually, in addition to the existing $1,000 threshold

  • Adds a new disclosure requirement for business investments or holdings exceeding $12,500 in fair market value, in addition to the existing $1,000 threshold

  • Reorganizes existing disclosure requirements by renumbering subsections (7) through (12) as subsections (8) through (13), with a new subsection (7) added for past-due obligations to governmental bodies

  • Maintains existing exemptions for loans made in ordinary course of business, family debts, and other carve-outs in the financial disclosure requirements

Legislative Description

Amending Arkansas Law Concerning Statements Of Financial Interest And Amending A Portion Of Arkansas Law Resulting From An Initiated Act.

Last Action

Notification that SB785 is now Act 706

4/4/2013

Committee Referrals

State Agencies & Governmental Affairs3/5/2013

Full Bill Text

No bill text available