January 9, 2024 •
Vermont Financial Disclosure Requirements Updated
Immediately following transparency complaints in early 2023, the state Senate moved to make financial disclosures of members available online.
Now, the Senate has gone further and voted to mandate public disclosure of additional information about personal finances and potential conflicts of interest.
Senators, along with their spouses and domestic partners, will now be required to file a more comprehensive form similar to those required of candidates for state office.
The form asks about employment; investment or other income greater than $5,000; board service; greater than 10% ownership of a company; leases or contracts with the state; and lobbying activities.
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