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MT SB492
Bill
AI Summary
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Raises the threshold for disclosing business interests from any interest to more than 10% ownership, or more than 1% for publicly traded companies
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Raises the threshold for disclosing real property holdings (other than personal residences) from any interest to more than 10% ownership
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Adds a new provision explicitly exempting mutual fund holdings from disclosure requirements
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Adds a requirement that individuals may not assume or continue exercising the powers and duties of their elected or appointed office until the disclosure statement has been filed
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Applies to state officers, holdover senators, supreme court justices, district court judges, candidates for statewide or state district offices, and individuals appointed to such positions
Legislative Description
Generally revise business disclosure statement requirements for elected officials and department directors
Elections
Last Action
Chapter Number Assigned
5/16/2025