summary
Introduced
01/26/2022
01/26/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022
02/17/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT RELATING TO PUBLIC OFFICERS; ENACTING THE DISCLOSURE ACT; REQUIRING PERSONS HOLDING OR SEEKING A POSITION OF DUTY, TRUST OR AUTHORITY WITH THE STATE TO FILE ANNUAL DISCLOSURES RELATED TO EMPLOYMENT, INCOME, ASSETS AND LIABILITIES, PROFESSIONAL LICENSES, GIFTS AND PROCUREMENT; PROVIDING DUTIES; REQUIRING RETENTION AND PUBLIC INSPECTION; PROVIDING RULEMAKING AUTHORITY; ESTABLISHING FINES; CREATING A PENALTY; RENAMING THE "FINANCIAL DISCLOSURE ACT" THROUGHOUT THE NMSA 1978 THE "DISCLOSURE ACT"; REPEALING THE FINANCIAL DISCLOSURE ACT, SECTIONS 10-16A-1 THROUGH 10-16A-9 NMSA 1978 (BEING LAWS 1993, CHAPTER 46, SECTIONS 39 THROUGH 45, LAWS 1995, CHAPTER 153, SECTION 25 AND LAWS 2021, CHAPTER 109, SECTION 21, AS AMENDED).
AI Summary
This bill, the Disclosure Act, requires persons holding or seeking a position of duty, trust or authority with the state to file annual disclosures related to employment, income, assets and liabilities, professional licenses, gifts, and procurement. The bill defines key terms, establishes filing requirements and timelines, specifies the information that must be disclosed, provides for retention and public inspection of the disclosure statements, grants rulemaking authority to the secretary of state, and imposes fines and criminal penalties for violations. The bill also renames the "Financial Disclosure Act" throughout the statutes as the "Disclosure Act" and repeals the Financial Disclosure Act.
Sponsors (4)
Last Action
Action Postponed Indefinitely (on 01/26/2022)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=149&year=22 |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/bills/house/HB0149.pdf |
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