evidence_text: Rep. Arbit moved to amend the bill as follows:
  
  1. Amend page 2, following line 3, by inserting:
  
  “(c) “Dependent” means an individual claimed by the public officer or the public officer’s spouse as dependent for federal income tax purposes.” and relettering the remaining subdivisions.
  
  2. Amend page 6, following line 14, by inserting:
  
  “(o) The following information regarding each dependent. For purposes of this subdivision, the public officer may refer to each dependent using the dependent’s first and last initial:
  
  ( i ) The number of dependents that the public officer and the spouse of the public officer claim for federal income tax purposes.
  
  ( ii ) The principal activity of each employer of each dependent, if the dependent’s total earned income from the employer equals $50,000.00 or more during the reporting period.
  
  ( iii ) A list of any real property in which the dependent holds an ownership or other financial interest. For purposes of this subparagraph, the dependent is required to include a real property asset in the report only if that real property has a fair market value of $50,000.00 or more during the reporting period. A public officer filing a report may exclude the street number of a parcel of real property held by the dependent under this subparagraph.
  
  ( iv ) Except as otherwise provided in this subparagraph, a list of each asset and sources of unearned income, excluding a business asset, held for investment or production of income by each dependent with a fair market value of $50,000.00 or more during the reporting period. The fair market value for the purpose of listing each asset, excluding a business asset, held for investment or production income under this subparagraph must be adjusted for inflation every 4 years using the Detroit Consumer Price Index.
  
  ( v ) Except as otherwise provided in this subparagraph, a list of any stocks, bonds, or other forms of securities held by each dependent, if the security has a fair market value of $50,000.00 or more. The fair market value for the purpose of listing stocks, bonds, or other forms of securities under this subparagraph must be adjusted for inflation every 4 years using the Detroit Consumer Price Index. For purposes of this act, the dependent is not required to disclose a stock in a widely held investment fund, including, but not limited to, a mutual fund, regulated investment company, pension or deferred compensation plan, or other investment fund if the fund is publicly traded or the assets of the fund are widely diversified.
  
  ( vi ) A description of any interest each dependent had during the reporting period in a legal entity that conducts business in this state, including the name of the legal entity, if the interest has a book value of $50,000.00 or more.”.
  
  The motion did not prevail and the amendments were not adopted, a majority of the members serving not voting therefor.