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Senate committee debates expanded financial‑disclosure boxes; amendment fails for lack of quorum
Summary
Senators debated Senate Bill 262, which would add additional categories and value ranges to statements of financial interest (including profit, commission and consulting fees). Members questioned whether reporting gross income is appropriate and whether the changes will achieve the intended transparency; an attempted amendment failed because the committee lacked a five‑member quorum.
Senate Bill 262 was presented to the committee to revise the statement of financial interest form by adding additional categories and value brackets — for example, inserting a midrange between $12,500 and $50,000 and adding profit, commission and consulting fees to the definition of reportable compensation.
The presenter said the changes reflect…
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