Governor Brown today signed into law Senate Bill 801, introduced by San Diego’s Senator Christine Kehoe. The bill will serve to increase oversight on Statements of Economic Interest filed by appointees of the Governor and Legislature, who serve on various state boards and commissions.
The Political Reform Act of 1974 requires candidates for office, elected officials, appointed state officers, and public officers to file such statements on an annual basis. This is done in order to prevent conflicts of interest from arising when a public official may be called on to rule on matters affecting businesses that he or she may have a vested interest in.
While many agencies in the past have collected and maintained these statements in-house, the new law requires copies to be submitted to the Fair Political Practices Commission in cases where such practice is not required already. The Commission oversees and regulates financial conflicts of interest, as well as campaign financing and spending, lobbyist registration and reporting, and gifts given to public officials and candidates.
“With enactment of SB 801, the commission can increase public oversight of state agencies by readily disseminating these disclosure statements,” said Kehoe in a press release.
The bill passed through the legislature with a vote of 34-0 in the Senate and 76-0 in the Assembly.