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HI SB554

Bill

Status

Introduced

1/22/2021

Primary Sponsor

Les Ihara

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Amends Hawaii Revised Statutes Section 84-17(g) to reduce 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 (including $100,000-$150,000; $150,000-$250,000; $250,000-$500,000; $500,000-$750,000; $750,000-$1,000,000; and $1,000,000 or more).

  • Consolidates all financial interests exceeding $100,000 into a single category of "$100,000 or more" rather than requiring specific brackets for higher amounts.

  • Retains disclosure requirements for amounts under $100,000, which remain categorized as: $1,000-$10,000; $10,000-$25,000; $25,000-$50,000; and $50,000-$100,000.

  • Takes effect upon approval and is intended to encourage public service participation by reducing detailed wealth disclosure burdens while maintaining conflict-of-interest identification.

Legislative Description

Relating To Financial Disclosures.

Board Members

Last Action

Carried over to 2022 Regular Session.

12/10/2021

Committee Referrals

Government Operations1/27/2021

Full Bill Text

No bill text available