Loading...
HomeMy WebLinkAboutBIL 131 Draft 01 2006-2008 ~tV Os M1 Ids COUNTY OF HAWAII STATE OF HAWAII ~jr O;~M'i~r BILL NO. 131 ORDINANCE NO. AN ORDINANCE AMENDING CHAPTER 2, ARTICLE I5, SUBSECTION 2-91.1(c), HAWAFI COUNTY CODE 1983 (2005 EDITION), AS AMENDED, RELATING TO THE DISCLOSURE OF FINANCIAL INTERESTS. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Chapter 2, article 15, subsection 2-91.1(c), Hawaii County Code 1983 (2005 Edition, as amended), is amended to read as follows: "(c) The disclosure of financial interests shall state the financial interests of the person disclosing, whether held in the person's name or by any other person for the person disclosing's use and benefit, and shall include: (1) The source, nature, and amount of all income of $1,000 or more received during the preceding calendar year; provided that information that may be privileged by law need not be disclosed. (2) The name of each creditor to whom the value of $3,000 or more was owed during the preceding calendar year and the original amount and amount outstanding; provided that debts arising out of retail installment transactions for the purchase of consumer goods need not be disclosed. (3) The amount and identity of every ownership or beneficial interest held during the disclosure period in any business having a value of $5,000 or more, or interest equal to ten percent or more of the ownership of the business and, if the interest was transferred during the preceding calendar year, the date of the transfer; provided that an interest in the form of an account in a Federal or State regulated financial institution, an interest in the form of a policy in a mutual insurance company, or individual items in a mutual fund or a blind trust, if the mutual fund or blind trust has been disclosed pursuant to this paragraph, need not be disclosed. (4) Every officership, directorship, trusteeship, or other fiduciary relationship held in a business during the preceding calendar year, the term of office and the annual compensation. (5) A description of all real property ['^^^'^a r„„„«.. ^r I-Iau~a~i] in which the person now holds, or held during the preceding calendar year, an interest valued at $5,000 or more, its tax map key, street address, and fair market value, and, if the interest was acquired or transferred during the preceding calendar year, the consideration paid or received for the interest and the name of the person or entity paying or receiving the consideration. (6) The amount and identity of all creditor interests in an insolvent business held during the preceding calendar year having a value of $5,000 or more. (7) The names of clients personally represented before County agencies, except in ministerial matters, for a fee or compensation during the preceding calendar year and the names of the County agencies involved. (8) On any item which calls for the stating of a dollar amount, this value may be reported by using an appropriate letter code as Follows: (A) Less than $1,000; (B) At least $1,000 but less than $10,000; (C) At least $10,000 but less than [999] $50,000; (D) At least [909] $50,000 but less than [$59;999] $100,000; (E) At least [$5&,009] $100,000 but less than [$-1-90;999] $300,000; (F) At least [~1-99;999] $300,000 but less than [~1-~9~999] $700,000; ~G) [r,r,._^ e i cn nnn~ At least $700,000 but less than $1,000,000; More than $1,000,000." SECTION 2. Severability. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end, the provisions of this ordinance are declared to be severable. SECTION 3. Material to be repealed is bracketed and stricken. New material is underscored. In printing this ordinance, the brackets, bracketed material, and underscoring need not be included. 2 SECTION 4. This ordinance shall take effect on its approval. INTRODUCED BY: J COUNCIL EMBER, T OF HA AI`I \ Hawaii Date of Introduction: Date of 1S` Reading: Date of 2"d Reading: Effective Date: f.EFERENCE: Cam~i „~r.~~ 3