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2014 SESSION

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HB 204 Secretary of the Commonwealth; centralized filing of disclosure forms.

Introduced by: K. Rob Krupicka | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Secretary of the Commonwealth; centralized filing of disclosure forms; gift and material change in financial reports; establishment of searchable database. Centralizes the filing of economic interest disclosure forms in the Office of the Secretary of the Commonwealth. Currently only state officers and employees file such statements with the Secretary; local officers and employees file with the clerk of the locality, members of the Senate file with the Clerk of the Senate, and members of the House of Delegates file with the Clerk of the House. The bill also requires the electronic filing of (i) monthly gift reports beginning on July 15, 2015, and (ii) quarterly material change in financial status reports beginning on July 1, 2015. Under the bill, the Secretary of the Commonwealth must establish and maintain a searchable electronic database comprising the disclosure forms and reports and available to the public through the Internet. Beginning July 1, 2015, all disclosure forms and reports shall be required to be filed electronically. In addition, the bill establishes a ban on a single gift with a value greater than $100 or combination of gifts with an aggregate value greater than $500 from a single donor within a single filing period. Gifts that consist of educational programs or professional development are not included in determining the total value of gifts received.


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