AN ACT CONCERNING STATEMENTS OF FINANCIAL INTERESTS UNDER THE STATE CODE OF ETHICS FOR PUBLIC OFFICIALS.

SB 1296 requires state officials - including elected leaders, legislators, department heads, and quasi-public agency members - to electronically file annual financial disclosures by May 1. The filings must detail business associations, income over $1,000, securities over $5,000, real property, and debts over $10,000 held by the official or their household. It exempts retirement accounts (like 401(k)s) from listing individual securities, requiring only the plan name instead. This expands transparency requirements for public officials under the state ethics code, effective October 1, 2025.