2984                                   LAWS OF MARYLAND                                 Ch. 796

agency or branch thereof." For purposes of this section, a
member of the General Assembly shall not be considered an
employee of the State of Maryland or of a department,
commission, agency or branch thereof. In the event that
such contract does not contain the aforegoing provision, the
State of Maryland, or any department, commission, agency or
branch thereof, shall not be liable thereon.

SECTION 3. AND BE IT FURTHER ENACTED, That section(s)
of the Annotated Code of Maryland be repealed, amended, or
enacted to read as follows:

Article 40A - Maryland Public Ethics Law

Title 4.

Financial Disclosure.

4-101. Persons required to file statements.

All (A) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF
THIS SUBSECTION, ALL officials and candidates for office as
State officials, except those who file pursuant to § 4-105,
are required to file the statements provided for in this
title; PROVIDED, (2) HOWEVER, THAT A MEMBER OF A BOARD OR
COMMISSION, WHO RECEIVES AS COMPENSATION LESS PER ANNUM THAN
25 PERCENT OF THE ANNUAL SALARY OF AN EMPLOYEE CLASSIFIED AS
GRADE 18, BASE LEVEL, OF THE STATE EMPLOYEE PAY SCALE,
SHALL, WITH RESPECT TO THE REQUIREMENTS OF SUBPARAGRAPHS (A)
THROUGH (F) (I) OF § 4-103, BE REQUIRED TO DISCLOSE ONLY
THAT INFORMATION RELEVANT TO THE EXISTENCE OF A REAL OR
APPARENT THE REQUIRED INFORMATION ABOUT ONLY THOSE
INTERESTS, GIFTS, COMPENSATED POSITIONS, AND LIABILITIES
WHICH MAY CREATE A CONFLICT, AS DEFINED IN SUBTITLE 3 OF
THIS ARTICLE, BETWEEN THE MEMBER'S PERSONAL INTEREST AND HIS
DUTIES AS A MEMBER OF THAT BOARD OR COMMISSION.

(B)  THE COMMISSION SHALL SPECIFY BY REGULATION,
SUBJECT TO THE APPROVAL OF THE AELR COMMITTEE, THE
INFORMATION REQUIRED TO BE FILED UNDER SUBSECTION (A) (2) OF
THIS SECTION AND THE CIRCUMSTANCES UNDER WHICH IT SHALL BE
FILED.

(C)  THE REGULATIONS PROMULGATED UNDER THIS SUBSECTION
(B) OF THIS SECTION SHALL BE BASED ON THE EXPERIENCE OF THE
COMMISSION IN OPINION - WRITING AND ENFORCEMENT UNDER TITLE
3 AND IN DISCLOSURE REVIEW UNDER TITLE 4.

4-102. Statement required to be filed; forwarding to
Commission; public inspection.

(a) Each official holding an office set forth in §
4-101 above shall file under bath or affirmation with the
Commission, on or before the 15th 30TH day of April of each
year during that person's term in office, the statement
required by this title, for the calendar year immediately