Electronic Access and Financial Disclosure
By Natalie O'Donnell Wood | Vol . 21, No. 36 / September 2013
Why File Financial Disclosures? In all but three states, legislators, other public officials and, sometimes, public employees, must disclose some information about their personal finances. Many states have justified the need for disclosures in statute. Pennsylvania, for example, notes that, “in order to strengthen faith and confidence” in government, the public has a right to “be assured that the financial interests of (office holders) do not conflict with the public trust.” Colorado and Texas similarly mention that financial disclosures lead to trust and confidence in government.
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