Bill > HF2672

This bill amends the existing Minnesota law regarding economic interest disclosure statements by modifying the requirements for what individuals must report when filing their statements. Specifically, the bill adds a new requirement for individuals to disclose detailed information about stocks they own, including the full name of each stock valued over $10,000 and the date of purchase or sale during the reporting period. The bill removes the previous exemption for stock disclosures and requires more comprehensive reporting of financial interests. The changes apply to public and local officials who must submit economic interest statements, and maintain existing requirements about reporting real property, business interests, partnerships, and contracts with government agencies. The bill aims to increase transparency by requiring more detailed financial disclosures, ensuring that public officials provide a more comprehensive view of their potential financial conflicts of interest. The reporting categories will continue to follow general business category headings used by the Internal Revenue Service, and the disclosures must not specifically identify the individual or spouse's personal association with the listed items.

Government Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2672&ssn=0&y=2025