Bill

A 2467

Relates to electronic financial disclosures of members and candidates of the legislature and requires creation of electronic version of disclosure statement

2025 Regular Session Introduced by John McDonald and 7 co-sponsors

Requires electronic financial disclosure statements for legislators and candidates, boosting transparency and public access.

REFERRED TO GOVERNMENTAL OPERATIONS

WeVote Research Nonpartisan

Bill Summary · A 2467

Bill A 2467 — Summary

Overview

Bill A 2467 would reform the disclosure process for members and candidates of the legislature by requiring an electronic version of the financial disclosure statement. Introduced January 17, 2025, the bill is currently referred to the Committee on Governmental Operations for consideration.

Purpose and Intent

Improve accessibility and potential transparency of financial disclosures by shifting to an electronic format.
Establish a formal obligation to create an electronic version of the disclosure statement filed by legislators and candidates.

Note: The available summary does not include detailed text on publication, hosting, or submission timelines beyond the requirement to produce an electronic version. The bill’s specific implementation details would be clarified in its full text and committee amendments.

Key Provisions (as inferred from title)

Mandate the creation of an electronic version of the current disclosure statement used by members of the legislature and by individuals running for legislative office.
Likely standards or requirements for the electronic version (e.g., data fields, format) would be specified in the bill’s text.
Administrative responsibility for creating, maintaining, and updating the electronic disclosure records would be defined in the statute or accompanying guidance.

Who Would Be Affected

Current members of the legislature required to file financial disclosures.
Candidates seeking legislative office who are required to file disclosures.
State or legislative offices responsible for administering and maintaining the electronic disclosures.

Legislative Status and Process

Introduced: January 17, 2025.
Status: Referred to the Committee on Governmental Operations (listed twice in the record, indicating formal referral events on the same date).
No further action dates are provided in the summary.

Related Legislation

Prior-session related bills: A 6222, A 3841, A 3334, A 1560.
Senate companion: S 5234 (listed as a companion; noted twice in the record).

Potential Impacts and Considerations

Positive: Enhanced transparency and public access to financial disclosures through an electronic format.
Administrative: Requires a process for creating, updating, and potentially hosting the electronic disclosures; may involve costs, data standards, and privacy safeguards.
Compliance: Legislators and candidates would need to transition to or adopt the electronic format for disclosures.

Next Steps for Interested Readers

Monitor the bill’s progress in the Governmental Operations committee for amendments, a potential floor vote, and any fiscal notes or implementation timelines.
Review the full bill text and any sponsor or committee memos to understand specific requirements (format standards, access provisions, and deadlines).
Check related bills (A 6222, A 3841, A 3334, A 1560, and S 5234) for cross-referenced provisions or complementary changes.

Compiled from official sources — confirm details with the bill’s official record.