SB0663 Summary

• Creates uniform statement of economic interest form with detailed definitions for assets, debts, income, and creditors; adjusts disclosure thresholds for inflation every 5 years starting December 2025.

• Restricts political activity by prohibiting State Board of Elections members and persons appointed to affected offices from serving as officers of or being designated candidates for candidate political committees; requires divestment within 30-60 days.

• Expands lobbying restrictions to municipalities, counties, and townships; requires consultants who communicate with officials on behalf of lobbying entities to register as lobbyists within 2 business days.

• Changes General Assembly member compensation from monthly (12 payments) to bi-monthly (6 payments) starting January 1, 2022; provides prorated compensation for members who resign or complete vacancy terms.

• Modifies Legislative Inspector General requirements to be full-time employee; enhances ethics officer review of statement of economic interests; requires judicial candidates to file statements in written form rather than online.