February 22, 1999

HOUSE FLOOR AMENDMENT number ______ to HOUSE BILL 645

Amendment sponsored by Representative Max Coll

1. On page 2, line 7, after the semicolon strike "or".

2. On page 2, line 10, strike the period and insert in lieu thereof "; or" and between lines 10 and 11, insert the following:

"(4) is an organization, association or other entity having a membership that includes persons described in Paragraphs (1) through (3) of this subsection.".

3. On page 3, line 3, after the semicolon strike "or".

4. On page 3, line 6, strike the period and the quotation mark and insert "; or" and between lines 6 and 7, insert the following:

"(4) is an organization, association or other entity having a membership that includes persons described in Paragraphs (1) through (3) of this subsection.

C. Within ten days after an election in which one or more board members are elected by some or all of the members of the association pursuant to the Public Employees Retirement Act, all persons who were candidates for board membership in that election shall file with the association a report disclosing all contributions to their respective campaigns whether made directly to the candidate, a political action committee or to some other entity supporting the candidate's election. The contributions shall be reported by amount and specific source. Within sixty days after the election, the association shall publish the reports required by this subsection."

Section 2. A new section of the Educational Retirement Act is enacted to read:

"[NEW MATERIAL] RESTRICTIONS ON RECEIPT OF GIFTS--RESTRICTION ON CAMPAIGN CONTRIBUTIONS--REQUIRED REPORTING.--

A. Except for gifts of food or beverage given in a place of public accommodation, consumed at the time of receipt, not exceeding fifty dollars ($50.00) for a single gift and the aggregate value of which gifts may not exceed one hundred fifty dollars ($150) in a calendar year, neither a board member nor an employee of the board shall receive or accept anything of value directly or indirectly from a person who:

(1) has a current contract with the retirement board or association;

(2) is a potential bidder, offeror or contractor for the provision of services or personal property to the retirement board or association;

(3) is authorized to invest public funds pursuant to state or federal law or is an employee or agent of such a person; or

(4) is an organization, association or other entity having a membership that includes persons described in Paragraphs (1) through (3) of this subsection."".

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Max Coll

Adopted ___________________ Not Adopted ___________________________

 (Chief Clerk) (Chief Clerk)

Date ________________