What happens if a report is not filed or if false statements are made on the report?
Any intentional violation of the financial disclosure law, including a failure to file or a misstatement, such as a misstatement of assets and liabilities, is a misdemeanor punishable by imprisonment for not more than one year or by a fine of up to $1,000 or both. An intentional violation is also grounds for disciplinary penalties. In addition, any intentional violation of the law can subject the person required to file a report to assessment by the Conflicts of Interest Board of a civil penalty of up to $10,000.
