CA AB2162

Increases the number of value ranges for disclosing fair market value of investments and real property interests from 6 to 8 ranges, with the highest range covering investments exceeding $10,000,000.

Increases the number of value ranges for disclosing aggregate income from each source from 8 to 10 ranges, with the highest range covering income exceeding $10,000,000.

Adjusts dollar thresholds for disclosure ranges to account for inflation and provide greater specificity in reporting economic interests by public officials under the Political Reform Act of 1974.

Specifies that no state reimbursement is required to local agencies or school districts because any costs result from changes to criminal penalties related to disclosure violations.

Declares that the amendments further the purposes of the Political Reform Act of 1974, allowing passage with a two-thirds vote in each house as required by the initiative measure.