In a press release issued this week, the Joint Commission on Public Ethics announced that “financial disclosure forms to be filed this week by State officials will for the first time publicly reveal amounts of outside income, values of investments and outstanding debts. The new disclosures, pursuant to the Public Integrity Reform Act of 2011, will also reveal certain clients of public officials.”
That information comes during the spate of recent scandals which appear to have no end.
“Disclosure is a critical component to promoting trust in government and under recent reforms the new public disclosures will pull the curtain back on many of our State officials’ outside financial interests,” said Joint Commission Chair Daniel J. Horwitz.
With limited exceptions, those required to file publicly-available financial disclosure statements include State officers and employees in policy-making positions or who make an annual salary of more than $88,256, members of the Legislature, legislative employees, political party chairman in counties with a population of more than 300,000, and candidates for statewide office or a seat in the Legislature.