HomeMy WebLinkAboutBIL 037 Draft 02 1998-2000 COUNTY OF HAWAI~ STATE OF HAWAII
BILL NO. 37
(Draft 2)
ORDINri.'VCE NO.
AN ORDINANCE AMENDING CHAPTER 2, ARTICLE 15, SECTION 2-91.1(c), HAWAII COUNTY
CODE 1983, RELATING TO FINANCIAL DISCLOSURES AND DISCLOSURES OF INTEREST.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. Chapter 3, Article 15, Section 2-91.1(c), Hawaii County Code 1983, is amended to
read as follows:
"(c) The disclosure of financial interests shall state the financial interests of the person disclosing, whether
held in his name or by any other person for his 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 calendaz yeaz 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[s] 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 calendaz yeaz, 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 pazagraph, need not be
disclosed.
(4) Every officership, directorship, trusteeship, or other fiduciary relationship held in a business
during the preceding calendaz year, the term of office and the annual compensation.
(5) A description of all real property located in the County of Hawaii in which the person now
holds, or held during the preceding calendaz yeaz, an interest valued at $5,000 or more, its tax
1
map key, street address, and fair market value, and, if the interest was acquired or transferred
during the preceding calendaz 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 calendaz 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 calendaz 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 $25,000;
(D) At least $25,000 but less than $50,000;
(E) At least $50,000 but less than $100,000;
(F) At least $100,000 but less than $150,000;
(G) More than $150,000."
SECTION 2. Material to be repealed is bracketed. New material is underscored. In
printing this ordinance, the brackets, bracketed material and underscoring need not be included.
SECTION 3. If any provision of this ordinance, or the application thereof to any person or
circumstances 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 4. This ordinance shall take effect upon its approval.
INTRODUCED BY:
C~i/ O •
COUNCIL MEMBER, COUNTY OF HAWAII
Hilo, Hawaii
Date of Introduction:
Date of 1 s` Reading:
Date of 2"d Reading:
6EFERENCE: Comm. 136.01 ~ 2