Tuesday, July 14, 2009

Disclosure Update

One week from today the newspapers will be full of stories about how much money candidates have raised in the last six months. That's because one week from yesterday is the deadline for filing semi-annual D2 disclosure reports with the State Board of Elections.

Campaign finance is one form of disclosure that lets the public know about potential (and actual) conflicts of interest that elected officials may have. The other big disclosure form required of office holders is the Statement of Economic Interest. That was due to be filed with the Secretary of State by May 1. The SoS Index Division then scans the documents into PDF format and posts them to the web. As of today, over two months later, most (but, as of yesterday, not all) current legislators' forms are posted. Get their forms here.

Not posted, and not even filed, are forms from candidates for office who are not otherwise required to file. Candidates running in the 2010 elections won't have to file until they submit their petitions (they have to submit the receipt for the SEI along with their petitions). And what's more, they won't have to file again unless they win. In a curious loophole that benefits challengers over incumbents, they do not have to file updates next May 1. So check back for more Statements of Economic Interest, and don't forget D2s next week.

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