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Bill

Bill

SB 564

Relating to: qualified new business venture eligibility. (FE)

2025-2026 Regular Session Introduced by Dan Feyen and 2 co-sponsors

SB 564 boosts government transparency by requiring detailed financial disclosures, enhancing public access to information, and promoting accountability among state agencies.

Withdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
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Bill Summary · SB 564

Summary of SB 564: Revise Government Transparency Laws

Bill Number: SB 564
Introduced: December 11, 2024
Status: Chapter Number Assigned
Primary Sponsor: Kenneth Bogner
Classification: Bill
Subject: Revenue, State, State Government

Purpose and Intent

The primary aim of SB 564 is to enhance government transparency laws within the state. The bill seeks to ensure that government operations are conducted openly and that citizens have better access to information regarding state revenue and expenditures. By revising existing transparency laws, the bill intends to foster greater accountability among state agencies and officials.

Key Provisions

While the specific text of the bill is not provided, the following key provisions are anticipated based on the subject matter:

  • Increased Disclosure Requirements: State agencies may be required to disclose more detailed financial information, including budgets, expenditures, and revenue sources.
  • Public Access to Information: The bill could mandate that certain documents and data be made readily available to the public, possibly through online platforms.
  • Oversight Mechanisms: Establishment of new oversight mechanisms to ensure compliance with transparency standards, including penalties for non-compliance.
  • Public Engagement: Provisions may be included to encourage public participation in the budgetary process and other governmental decision-making.

Who Would Be Affected

  • State Agencies: All state departments and agencies would need to comply with the revised transparency requirements.
  • Citizens: The general public would benefit from improved access to government information, enabling them to hold officials accountable.
  • Non-Governmental Organizations (NGOs): Advocacy groups focused on government accountability and transparency would have enhanced tools to monitor state activities.

Legislative Timeline

The legislative process for SB 564 has included several key actions:

  • December 11, 2024: Bill introduced and assigned to a drafter.
  • April 1, 2025: Fiscal note requested and the bill referred to the Senate State Administration Committee.
  • April 15, 2025: The House concurred with the bill during its third reading and returned it to the Senate with amendments.
  • May 13, 2025: The bill was signed by the Governor, marking its final approval.
  • May 16, 2025: Chapter number assigned, indicating the bill has become law.

Conclusion

SB 564 represents a significant step towards improving government transparency in the state. By revising existing laws, the bill aims to create a more open and accountable government, ultimately benefiting citizens and enhancing public trust in state operations. The successful passage of this legislation reflects a commitment to fostering transparency and accountability in state governance.

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

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