SPRINGFIELD, Ill. — Lt. Gov. Sheila Simon says requiring politicians and other elected officials to disclose more information about their financial interests is needed to help restore faith among Illinois residents who've seen their last two governors sent to prison for corruption.

Simon and state Sen. Dan Kotowski, D-Park Ridge, are planning to introduce legislation Thursday that would overhaul a 40-year-old financial disclosure system that critics have long scoffed at as meaningless. They say the proposal would allow more scrutiny of whether conflicts of interest exist, in part by requiring politicians to fill out more specific financial disclosure forms.

"I think many (Illinois residents) are hesitant to put faith in elected leaders because they think we're self-dealing," Simon told The Associated Press. "The vast majority of folks are in office for the public good. But I don't think you'd know it from our current forms."