IN HB1518

Reduces the minimum reportable gift amount on financial disclosure statements for state officers, employees, and special appointees from $100 to $50

Requires state financial disclosure statements to be published on the state's Internet website

Mandates that local officers and candidates for local or school board offices file statements of economic interests with the county election board, including disclosure of real property, employers, business interests, and stock holdings

Requires offerors seeking contracts with political subdivisions to register with the county auditor (initial fee of $100, annual renewal of $50) and file semi-annual activity reports detailing expenditures for entertainment, gifts to officers, and business relationships

Authorizes the state board of accounts to impose civil penalties up to $1,000 for late or deficient financial disclosure filings and up to $4,500 for failure to file required registrations or activity reports