States of Disclosure

Published — June 25, 2009

Washington: Legislative financial disclosure ranking

Introduction

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Washington

Rank: 2 | Points: 92.5 | Grade: A

Public Disclosure Commission

Question Answer Points Notes
Requires financial disclosure filing? Yes 1
Requires complete financial disclosure filing (no update)? No 0
Requires financial disclosure filing annually? Yes 1
Requires complete financial disclosure filing for candidates? Yes 1
Employment information required? Yes 5
Employment information not narrowly defined? Yes 5
Employer/business name required? Yes 5
Employment job title required? Yes 2
Employer description required? No 0
Value range/income amount required? Yes 5
Spouse employment information required and clear? Yes 5
Officer/director information required? Yes 4
Officer/director information not narrowly defined? Yes 4
Officer/director entity name required? Yes 4
Officer/director entity description required? Yes 2
Spouse officer/director information required and clear? Yes 4
Investment information required? Yes 3
Investment information not narrowly defined? Yes 3
Investment entity name required? Yes 3
Investment entity description required? Yes 1 Half point awarded because filers not required to describe company where stock is held.
Investment value range/holding amount required? Yes 3
Spouse investment information required and clear? Yes 3
Client information required? Yes 2 Filers also required to report payments from governmental unit, which does not factor into points for this question.
Client name required? Yes 2
Client value range/income amount required? Yes 1 Half point awarded because filers required to report income amount/value range from government unit in which filer seeks or holds office.
Spouse client information required and clear? Yes 2
Real-property information required? Yes 2
Real-property information not narrowly defined? No 0 Change from 2006: Threshold triggering disclosure went up to $10,000 from $7,500.
Real-property value range/amount required? Yes 2
Spouse real-property information required and clear? Yes 2 Although spouse real property is not clearly indicated, this is a “community property” state, meaning that any property reported is jointly owned.
Spouse name required? Yes 2
Dependent name required? Yes 0.5 Filers required to report dependent name only if have reportable interests.
Financial disclosure filings in central office? Yes 1
Lawmakers not forwarded reviewer information? Yes 1
In-person appearance not required to obtain filings? Yes 1
Copy fees less than 50 cents per page? Yes 1
Blank disclosure form available on Web? Yes 1
Disclosure filings available electronically or on the Web in any format? Yes 3
Late-filing penalties on the books? Yes 1
Misfiling penalties on the books? Yes 1
State has auditing authority? Yes 1
State routinely reviews filings for accuracy and completeness either through formal audit process or informal review process? Yes 1 Change from 2006: State now has an annual process that reviews a sampling of filers for completeness.
State published list of delinquent filers on Web or in printed document? Yes 1

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