CA SB401

Authorizes the Fair Political Practices Commission to extend any filing deadline under the Political Reform Act of 1974 for individuals living in areas impacted by an emergency situation

Defines "emergency situation" as an emergency proclaimed by the Governor or a local governing body under the California Emergency Services Act (Sections 8625 or 8630)

Replaces earlier version of the bill that would have prohibited state agency employees from owning financial interests in businesses regulated by or doing business with their employing agency

Requires a 2/3 vote in each house of the Legislature to pass, as it amends the Political Reform Act of 1974 (an initiative measure)