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Committee hears bill to narrow candidate D-1 disclosure, set ownership thresholds
Summary
Sen. Greg Hertz told the House State Administration Committee that Senate Bill 492 would change what candidates must list on the D‑1 disclosure form, including raising threshold levels for business and property interests and excluding mutual funds; a COPP compliance supervisor answered questions and the hearing was closed without a vote.
At a House State Administration committee meeting, Senator Greg Hertz, sponsor of Senate Bill 492, opened discussion on proposed changes to the D‑1 candidate disclosure form used when candidates file with the Secretary of State.
Hertz said the bill keeps the D‑1 filing requirement but would narrow what candidates must list. "Each business, firm, corporation, partnership, or other business or professional entity or trust in which the individual or candidate holds more than a 10% interest" would be disclosed, Hertz said, and mutual funds would not be required to be reported. He also said the bill would require reporting of publicly traded holdings…
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