WASHINGTON November 17, 2005 — The Center for Public Integrity evaluated financial disclosure requirements for public utility board members in all 50 states. Based on a 43-question survey, researchers graded each state on openness from 0 to 100 points. (See methodology)
| 1 |
Requires financial disclosure filing? |
Yes |
1/1 |
Filing |
|
| 2 |
Requires complete financial disclosure filing (no update)? |
No |
0/1 |
Filing |
|
| 3 |
Requires financial disclosure filing annually? |
Yes |
1/1 |
Filing |
|
| 4 |
Requires complete financial disclosure filing for candidates (prior to election) and for nominees (prior to confirmation)? |
No |
0/1 |
Filing |
|
| 5 |
Employment information required? |
Yes |
5/5 |
Extent |
|
| 6 |
Employment information not narrowly defined? |
Yes |
5/5 |
Extent |
|
| 7 |
Employer/business name required? |
Yes |
5/5 |
Extent |
|
| 8 |
Employment job title required? |
No |
0/2 |
Extent |
|
| 9 |
Employer description required? |
Yes |
2/2 |
Extent |
|
| 10 |
Value range/income amount required? |
No |
0/5 |
Extent |
|
| 11 |
Spouse employment information required and clear? |
Yes |
5/5 |
Extent |
|
| 12 |
Officer/director information required? |
Yes |
4/4 |
Extent |
|
| 13 |
Officer/director information not narrowly defined? |
Yes |
4/4 |
Extent |
|
| 14 |
Officer/director entity name required? |
Yes |
4/4 |
Extent |
|
| 15 |
Officer/director entity description required? |
Yes |
2/2 |
Extent |
|
| 16 |
Spouse officer/director information required and clear? |
Required and Not Clear |
2/4 |
Extent |
Half points awarded because filers required to report spouse directorship, but spouse is not clearly indicated. |
| 17 |
Investment information required? |
Yes |
3/3 |
Extent |
|
| 18 |
Investment information not narrowly defined? |
No |
0/3 |
Extent |
Filers not required to report investments unless own $10,000 or more. |
| 19 |
Investment entity name required? |
Yes |
3/3 |
Extent |
|
| 20 |
Investment entity description required? |
Yes |
1/2 |
Extent |
Half points awarded because filers not required to describe company where stock is held. |
| 21 |
Investment value range/holding amount required? |
No |
0/3 |
Extent |
|
| 22 |
Spouse investment information required and clear? |
Required and Not Clear |
1.5/3 |
Extent |
Half points awarded because filers required to report spouse investments, but spouse is not clearly indicated. |
| 23 |
Client information required? |
Yes |
2/2 |
Extent |
Filers also required to report business with state, which does not factor in to points for this question. |
| 24 |
Client name required? |
No |
0/2 |
Extent |
|
| 25 |
Client value range/income amount required? |
No |
0/2 |
Extent |
|
| 26 |
Spouse client information required and clear? |
No |
0/2 |
Extent |
|
| 27 |
Real-property information required? |
Yes |
2/2 |
Extent |
|
| 28 |
Real-property information not narrowly defined? |
Yes |
2/2 |
Extent |
|
| 29 |
Real-property value range/amount required? |
No |
0/2 |
Extent |
|
| 30 |
Spouse real-property information required and clear? |
Required and Not Clear |
1/2 |
Extent |
Half points awarded because filers required to report spouse real property, but spouse is not clearly indicated. |
| 31 |
Spouse name required? |
Yes |
2/2 |
Extent |
|
| 32 |
Dependent name required? |
No |
0/1 |
Extent |
|
| 33 |
Financial disclosure filings in central office? |
Yes |
1/1 |
Access |
|
| 34 |
Commissioners not forwarded reviewer information? |
Yes |
1/1 |
Access |
|
| 35 |
In-person appearance not required to obtain filings? |
Yes |
1/1 |
Access |
Legislative library will now mail filings; in person appearance no longer required. |
| 36 |
Copy fees less than 50 cents per page? |
Yes |
1/1 |
Access |
|
| 37 |
Blank disclosure form available on Web? |
Yes |
1/1 |
Access |
|
| 38 |
Disclosure filings available electronically or on the Web in any format? |
No |
0/3 |
Access |
|
| 39 |
Late-filing penalties on the books? |
No |
0/1 |
Enforcement |
|
| 40 |
Misfiling penalties on the books? |
No |
0/1 |
Enforcement |
No points awarded because no clear misfiling penalty in statute. |
| 41 |
State has auditing authority? |
Yes |
1/1 |
Enforcement |
|
| 42 |
State routinely reviews filings for accuracy and completeness either through formal audit process or informal review process? |
Yes |
1/1 |
Enforcement |
|
| 43 |
State published list of delinquent filers on Web or in printed document? |
No |
0/1 |
Enforcement |
|