This legislation aims to enhance transparency in financial disclosures by public officials. It significantly expands the upper-end value categories used for reporting various financial interests, requiring more detailed disclosure for individuals with substantial wealth. Specifically, the bill modifies the reporting categories for dividends, rents, interest, and capital gains . It replaces the previous top category of "greater than $1,000,000" with several new tiers, ranging from "greater than $5,000,000 but not more than $25,000,000" up to "greater than $1,000,000,000." Additionally, the legislation revises the categories for reporting the amounts or values of assets . The former top category of "greater than $5,000,000" is replaced with new, higher thresholds, starting at "greater than $50,000,000 but not more than $100,000,000" and extending to "greater than $1,000,000,000." These amendments will apply to financial disclosure reports filed on or after the Act's enactment date.