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HI SB554

Bill

Status

Introduced

1/22/2021

Primary Sponsor

Les Ihara

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Amends Hawaii Revised Statutes Section 84-17(g) to simplify financial disclosure requirements for government officials and board members by eliminating specific dollar amount brackets above $100,000

  • Removes nine disclosure levels that previously ranged from $100,000 to over $1,000,000 and replaces them with a single category of "$100,000 or more"

  • Retains detailed disclosure brackets for amounts under $100,000: $1,000-$10,000; $10,000-$25,000; $25,000-$50,000; and $50,000-$100,000

  • Allows stock to continue being reported by number of shares rather than dollar amounts

  • Becomes effective upon approval, based on legislature's finding that disclosing amounts up to $100,000 is adequate to identify conflicts of interest while detailed disclosures of larger amounts discourage public service

Legislative Description

Relating To Financial Disclosures.

Board Members

Last Action

Referred to GVO, JDC.

1/27/2021

Committee Referrals

Government Operations1/27/2021

Full Bill Text

No bill text available