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HI SB554
Bill
AI Summary
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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
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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"
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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
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Allows stock to continue being reported by number of shares rather than dollar amounts
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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