1 of 1 HOUSE DOCKET, NO. 4249 FILED ON: 1/17/2025 HOUSE . . . . . . . . . . . . . . . No. 3314 The Commonwealth of Massachusetts _________________ PRESENTED BY: Marjorie C. Decker _________________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General Court assembled: The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: An Act relative to financial transparency. _______________ PETITION OF: NAME:DISTRICT/ADDRESS :DATE ADDED:Marjorie C. Decker25th Middlesex1/17/2025 1 of 2 HOUSE DOCKET, NO. 4249 FILED ON: 1/17/2025 HOUSE . . . . . . . . . . . . . . . No. 3314 By Representative Decker of Cambridge, a petition (accompanied by bill, House, No. 3314) of Marjorie C. Decker relative to financial disclosures by certain public officials and employees. State Administration and Regulatory Oversight. The Commonwealth of Massachusetts _______________ In the One Hundred and Ninety-Fourth General Court (2025-2026) _______________ An Act relative to financial transparency. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: 1 Section 1. Section 1 of chapter 268B of the General Laws, as appearing in the 2022 2Official Edition, is hereby amended in the definition of “Amount”, by striking out “greater than 3$1,000 but not more than $5,000; greater than $5,000 but not more than $10,000; greater than 4$10,000 but not more than $20,000; greater than $20,000 but not more than $40,000; greater than 5$40,000 but not more than $60,000; greater than $60,000 but not more than $100,000; greater 6than $100,000” and inserting in place thereof the following words “rounded to the nearest 7$10,000, or to the nearest $1,000 if less than $10,000” 8 Section 2. Section 3 of said chapter 268B of the General Laws, as appearing in the 2022 9Official Edition, is hereby amended by replacing subsection (d) with the following words:- make 10statements and reports filed with the commission available for public inspection via download 11online for free or for in person public inspection and copying during regular office hours upon 12the written request of any individual, at a charge not to exceed the actual administrative and 2 of 2 13material costs required in reproducing said statements and reports; provided, however, that the 14commission may make statements and reports filed with the commission available by electronic 15mail in a read-only format upon the written request of any individual that delivers the request by 16electronic mail; provided, however, that the commission shall be authorized, in its discretion, to 17exempt from public disclosure those portions of a statement of financial interest filed pursuant to 18section five which contain the home address of the filer; and provided, further, that the 19commission shall not notify the person whose statement has been examined. 20 Section 3. Subsection (g) of section 5 of said chapter 268B of the General Laws, as 21appearing in the 2022 Official Edition, is hereby amended by striking out the words “fair market 22value of greater than one thousand dollars”, and inserting in place thereof the following words:- 23aggregate fair market value, with the value of an investment considered the sum of individual 24units owned, of greater than one thousand dollars.