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ANNE ARUNDEL COUNTY, MARYLAND OFFICE OF THE BUDGET BILL NUMBER: 7023.INTRO. DATE: September 5, 2023FISCAL NOTE BILL:AN ORDINANCE CONCERNING: APPROVAL OF THE LEASE BETWEEN ANNE ARUNDEL COUNTY AND ADDICTION
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Section 306 refers to a provision of the legislative framework that requires statutory authorities to disclose information regarding their investments and securities transactions to ensure transparency and prevent conflicts of interest.
Individuals with legislative or regulatory authority, including members of Congress and certain federal employees who make transactions involving securities, are required to file under Section 306.
To fill out Section 306 disclosures, the individual must report their securities transactions by providing details such as the type of security, the date of transaction, the amount, and their relationship to the security.
The purpose of Section 306 is to promote accountability and transparency in government by requiring officials to report their financial transactions and ownership interests in securities.
Information required includes the identity of the security, the transaction date, the nature of the transaction (purchase or sale), and the number of shares or units involved.
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