The bill amends Minnesota Statutes 2024, section 10A.09, subdivision 5, to enhance the disclosure requirements for the statement of economic interest. It introduces a new requirement for individuals to list stocks valued over $10,000 owned by them or their spouses, including the date of purchase or sale if applicable. Additionally, the bill clarifies that the listing of securities does not include stock, thereby separating the reporting of stocks from other securities. The previous requirement to list securities valued over $10,000 remains, but now it is explicitly stated that stocks are to be reported separately.
Furthermore, the bill maintains existing requirements for disclosing various financial interests, including real property and business associations, while ensuring that the listings do not reveal whether the individual or their spouse is associated with or owns the listed items. This amendment aims to improve transparency in campaign finance by providing clearer guidelines on the economic interests that public officials must disclose.
Statutes affected: Introduction: 10A.09