Pennsylvania 2023-2024 Regular Session

Pennsylvania Senate Bill SB356

Introduced
2/21/23  

Caption

In ethics standards and financial disclosure, further providing for definitions, for restricted activities and for penalties.

Impact

If enacted, SB356 would significantly modify existing state laws related to ethics and financial disclosures, creating clearer guidelines for appropriate conduct. By establishing explicit definitions and penalties, the bill seeks to deter unethical behavior and increase transparency in financial transactions. This could lead to a more stringent regulatory environment, impacting how organizations approach their operations and compliance with ethical standards.

Summary

SB356 is a legislative proposal designed to enhance ethics standards and financial disclosure requirements for certain individuals and entities. The bill sets forth specific definitions related to restricted activities and outlines penalties for violations. This initiative appears to be aimed at promoting greater accountability among those subject to these regulations, ensuring that ethical considerations are prioritized within financial dealings.

Sentiment

The sentiment surrounding SB356 seems to lean towards positive support for its intentions, reflecting a desire for more ethical governance. However, there may be concerns from specific stakeholder groups regarding the feasibility of compliance and the implications of the new restrictions on their operations. Advocacy for stronger ethical guidelines is generally welcomed, yet it must be balanced with practical considerations to ensure that it does not impose undue burdens on those it regulates.

Contention

Notable points of contention regarding SB356 could include debates about the adequacy and appropriateness of the defined penalties. Stakeholders may have differing views on whether the proposed standards are too lenient or excessively punitive, potentially impacting various sectors differently. Furthermore, discussions may arise about the scope of the bill's applicability and whether it encompasses all necessary sectors or excludes certain critical areas.

Companion Bills

No companion bills found.

Previously Filed As

PA SB66

In ethics standards and financial disclosure, further providing for definitions, for restricted activities and for penalties.

PA SB572

In ethics standards and financial disclosure, further providing for definitions, for restricted activities, for statement of financial interests and for penalties; in lobbying disclosure, further providing for definitions, for reporting and for penalties; and, in Turnpike Commission standards of conduct, further providing for code of conduct.

PA SB97

In ethics standards and financial disclosure, further providing for definitions, for restricted activities, for statement of financial interests and for penalties; in lobbying disclosure, further providing for definitions, for reporting and for penalties; and, in Turnpike Commission standards of conduct, further providing for code of conduct.

PA HB744

In ethics standards and financial disclosure, further providing for definitions and for restricted activities, providing for gift ban and for gift ban exceptions and further providing for statement of financial interests.

PA HB484

In ethics standards and financial disclosure, further providing for definitions, providing for gift ban and for gift ban exceptions and further providing for statement of financial interests.

PA SB105

In ethics standards and financial disclosure, further providing for restricted activities.

PA SB586

In ethics standards and financial disclosure, further providing for restricted activities.

PA HB557

In ethics standards and financial disclosure, further providing for restricted activities.

PA HB281

In ethics standards and financial disclosure, further providing for restricted activities.

PA SB224

In ethics standards and financial disclosure, further providing for restricted activities.

Similar Bills

No similar bills found.