2966                                   LAWS OF MARYLAND                                 Ch. 796

(3)  An interest in an insurance or endowment
policy or annuity contract under which an insurance company
promises to pay a fixed number of dollars either in a lump
sum or periodically for life or some other specified period;
or

(4)  A common trust fund or a trust which forms
part of a pension or profit sharing plan which has more than
25 participants and which has been determined by the
Internal Revenue Service to be a qualified trust under §§
401 and 501 of the Internal Revenue Code of 1954.

[(n)] (0) General Assembly. — "General Assembly"
includes any member, committee or subcommittee of the
General Assembly or of the Legislative Policy Committee.

[(o)] (P) Gift. -- "Gift" means the transfer of
anything of economic value regardless of the form without
adequate and lawful consideration. "Gift" does not include
the solicitation, acceptance, receipt, or regulation of
political campaign contributions regulated in accordance
with the provisions of Article 33, §§ 26-1 et seq. of this
Code, or any other provision of State law regulating the
conduct of elections or the receipt of political campaign
contributions.

[(P)] (Q) Immediate family. — "Immediate family"
means spouse and dependent children.

[(q)] (R) Legislative action. — "Legislative action"
means introduction, sponsorship, consideration, debate,
amendment, passage, defeat, approval, veto, or any other
official action or nonaction on any bill, resolution,
amendment, nomination, appointment, report, or any other
matter pending or proposed in a committee or subcommittee in
either house of the General Assembly, or any matter which
is within the official jurisdiction of the General Assembly,
the Legislative Policy Committee or any committee or
subcommittee thereof, or any legislative bill pending or
presented to the Governor for signature or veto.

[(r)] (S) Lobbyist. — "Lobbyist" means any person
who, within a reporting period, in the presence of any
official or employee in the legislative or executive branch
has communicated with that official or employee for the
purpose of influencing any legislative action, and who, for
that purpose and exclusive of the personal travel or
subsistence expenses of that person or representative of
that person, either incurs expenses of $100 or more or
receives $500 or more as compensation, or any person who
expends a cumulative value of $100 or more during a
reporting period on one or more officials or employees in
the executive branch for meals, beverages, special events or
gifts in connection with or with the purpose of influencing
executive action.

[(s)] (T) Lobbying. — "Lobbying" means the performing
of any act requiring registration.