BILL ANALYSIS                                                                                                                                                                                                    






               SENATE COMMITTEE ON ELECTIONS, REAPPORTIONMENT AND  
                           CONSTITUTIONAL AMENDMENTS
                           Senator Debra Bowen, Chair


          BILL NO:   AB 1391                      HEARING  
          DATE:6/28/06
          AUTHOR:    LENO                         ANALYSIS BY:Darren  
          Chesin
          AMENDED:   6/26/06 
          FISCAL:    YES
          
                                   DESCRIPTION  
          
           Existing law  requires public officials, candidates, and  
          designated employees of public agencies to file statements  
          of the economic interests (SEIs) on an annual basis and at  
          other specified times (e.g., when assuming or leaving  
          office, etc.).

          When the filer's income is required to be reported, the SEI  
          must include whether the aggregate value of income from  
          each source was:

           Between $500 and $1,000;

           $1,000 to $10,000, 

           $10,000 to  $100,000, or

           Greater than $100,000.

           This bill  instead requires SEI filers to specify income in  
          the following increments:

           Between $500 and $1,000;

           $1,000 to $10,000, 

           $10,000 to  $100,000, or

           $100,000 to $250,000

           $250,000 to $500,000

           $500,000 to $1million










           $1 million to $2 million

           Greater than $2 million.






































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          Existing law  prohibits the use of campaign funds to pay or  
          reimburse for the lease or purchase of real property, or  
          the purchase, lease, or refurbishment of any appliance or  
          equipment leased or owned by a candidate, officer, or other  
          specified person with authority to approve the expenditure  
          of campaign funds, or members of his or her immediate  
          family.

           This bill  expands that prohibition to include property  
          where the legal title resides in whole or in part in any  
          person in which an interest of 10% or more is held by a  
          candidate, elected officer or other specified person with  
          authority to approve the expenditure of campaign funds, or  
          members of his or her immediate family.

                                    BACKGROUND
           
           How Much Money Do You Make  ?  Statements of economic  
          interest contain reporting thresholds that are detailed for  
          lesser amounts of income but give little specificity for  
          large amounts of income - the top current threshold is  
          "over $100,000."  It is becoming more and more common for  
          wealthy individuals to seek state elected office, thereby  
          rendering the current income reporting thresholds somewhat  
          dated.

          While those categorizations may have made sense in the  
          1970s when they were originally implemented, million-dollar  
          salaries for corporate executives and others have become  
          almost commonplace, especially in California.  Not knowing  
          whether an individual is receiving $100,001 or $1 million  
          from a particular source may not be adequate.

           Do You Own or Rent  ?  Current law prohibits the use of  
          campaign funds to pay or reimburse for the lease or  
          purchase of real property, or the purchase, lease, or  
          refurbishment of any appliance or equipment leased or owned  
          by a candidate or officer.  However, this does not apply  
          when the candidate has a vested interest in the property in  
          any other function.  This loophole allows a candidate or  
          officer to receive campaign funds through the rental of  
          property if they are in a sole proprietorship of the  
          business that holds title to the property.

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                                     COMMENTS  
          
           1.Do You Really Make that Much Money  ?  At what point does  
            income disclosure constitute an invasion of privacy?  If  
            a candidate or officeholder reports that he or she  
            receives more than $100,000 in income from a particular  
            source, isn't that enough to assume there could be a  
            possible conflict of interest regarding related public  
            policy issues?  On the other hand, if a candidate or  
            officeholder's net worth exceeds tens or hundreds of  
            millions of dollars, disclosure of that information may  
            seem reasonable.  Determining appropriate income  
            disclosure thresholds is a subjective task that should  
            take current trends into consideration.




























          AB 1391 (LENO)                                         Page  
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           2.You Look Different, No, Don't Tell Me . . It's Your  
            Words, Righ  t?  The version of this bill that was  
            previously heard in this committee dealt primarily with  
            the definition of "general purpose committees."  Those  
            provisions have been amended out of the bill.
           
                                  PRIOR ACTION
           
          Assembly Elections and Redistricting Committee  6-0*
          Assembly Appropriations Committee       18-0* 
          Assembly Floor                          71-0*
          Senate ER&CA Committee               6-0*

          *Votes on a prior, unrelated version of the bill.
           
                                   POSITIONS  

          Sponsor: Author

           Support: None received

           Oppose:  None received




















          AB 1391 (LENO)                                         Page  
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