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A new rule in Texas will require elected officials to formally disclose their properties.

KVUE reports the new rule from the Texas Ethics Commissions will require the lawmakers’ annual persona finance statements to identify properties and how they are used – either as an owner-occupant residence or as revenue-generating rental housing. The new rule followed media reports that Texas Attorney General Ken Paxton did not fully disclose his real estate activities.

Politicians could face fines or criminal charges if they fail to make full disclosures, which would also include properties that are put in a blind trust.