SB 1171

Abstract

State and Local Government Conflict of Interests Act; disclosure requirements; industrial development authorities and economic development authorities. Requires the executive director and members of each industrial development authority and economic development authority, as created by the Industrial Development and Revenue Bond Act, in a locality with a population in excess of 25,000 or in a region serving more than one locality that, in the aggregate, has a population in excess of 25,000 to file a Statement of Economic Interests (SOEI) with the clerk of the local governing body as a condition to assuming office and thereafter annually on or before February 1. Current law requires all executive directors and members of industrial development authorities and economic development authorities, as created by the Industrial Development and Revenue Bond Act, to file a SOEI.

State and Local Government Conflict of InterestsAct; disclosure requirements; industrial development authoritiesand economic development authorities. Requires the executivedirector and members of each industrial development authority andeconomic development authority, as created by the Industrial Developmentand Revenue Bond Act, in a locality with a population in excess of25,000 or in a region serving more than one locality that, in theaggregate, has a population in excess of 25,000 to file a Statementof Economic Interests (SOEI) with the clerk of the local governing body as a condition to assuming office and thereafter annually onor before February 1. Current law requires all executive directorsand members of industrial development authorities and economic developmentauthorities, as created by the Industrial Development and RevenueBond Act, to file a SOEI.