This bill proposes to amend current statutes regarding the financial disclosure requirements for candidates filing nomination papers. Under the existing law, candidates must submit a financial disclosure statement that covers the preceding 12-month period when filing their nomination papers. The new language specifies that beginning on the effective date for statewide and legislative candidates, or on January 1, 2027, for all other offices, a candidate will be considered compliant with the financial disclosure requirement if they have already filed the financial disclosure statement required of public officers for that year. This means that they will not need to file an additional financial statement for that year.
Additionally, the bill makes technical changes to the language of the current statutes, including clarifying the deadlines for filing nomination papers and ensuring consistency in the requirements across different types of offices. The bill also includes an emergency clause, allowing it to take effect immediately upon the Governor's signature, emphasizing its urgency in preserving public peace, health, or safety.
Statutes affected: Introduced Version: 16-311
Senate Engrossed Version: 16-311