AB 1029
Statements of financial interest: digital financial assets.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Chaptered
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill updates California’s Political Reform Act to address financial disclosures for public officials regarding digital financial assets. It expands the definition of ‘investment’ to include these assets and requires officials to disclose any interests they hold in them. Additionally, the bill mandates that agencies’ conflict of interest codes require designated employees to also disclose digital financial asset holdings. The bill also includes provisions to streamline reporting for officials serving multiple joint powers insurance agencies.
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