Bill > HB250

This bill revises the requirements for filing statements of economic interests for public officials, employees, and candidates in Alabama. The legislation modifies existing law to clarify when and how candidates must submit their economic interest statements. Specifically, candidates must now file their statement of economic interests within five days of either the deadline to file a declaration of candidacy or, for independent candidates, within five days of the first primary election. For municipal candidates, the filing deadline is within five days after submitting qualifying papers. The bill maintains that if a candidate has already filed a current statement of economic interests, they do not need to file again, but must provide proof of the existing filing. Failure to submit the required statement means the candidate's name will not appear on the ballot and they will be considered unqualified, though the Ethics Commission may allow a five-day extension for good cause. The bill also updates various details about the information that must be disclosed, such as income ranges, business interests, and professional services, and standardizes some language throughout the existing statute. The changes aim to provide more clarity and consistency in economic interest reporting for public officials and candidates. The act is set to become effective on October 1, 2025.

Budget and Finance, Justice

https://alison.legislature.state.al.us/bill-search