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AR SB785
Bill
Status
4/4/2013
Primary Sponsor
Jane English
Click for details
AI Summary
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Amends Arkansas Code § 21-8-701(d) to reorganize and renumber the required contents of financial interest statements filed by public servants and candidates
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Adds a new disclosure requirement for sources of gross income exceeding $12,500 annually, in addition to the existing $1,000 threshold
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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
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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
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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