Ch. 533

1995 LAWS OF MARYLAND

In subsection (f)(1) of this section, the word "similar" is added to modify
"interest not otherwise disclosed"' to clarify that the requirement does not
relate to every interest not otherwise disclosed. The Ethics Law Code Revision
Committee believes that this interpretation is consistent with the legislative
intent.

Also in subsection (f)(1) of this section, the former words "any corporation
or" in former Art. 40A, § 4-103(a) are deleted as surplusage, as being
included in the words "business entities".

Defined terms: "Business entity" § 15-102

"Entity doing business with the State" § 15-102,

"Gift" § 15-102

"Governmental unit" § 15-102

"Immediate family" § 15-102

"Interest" § 15-102

"Person" § 1-101

"Regulated lobbyist" § 15-102

15-608. INTERESTS ATTRIBUTABLE TO INDIVIDUAL FILING STATEMENT.

(A)     IN GENERAL.

THE FOLLOWING ARE DEEMED TO BE INTERESTS OF THE INDIVIDUAL UNDER
§ 15-607(B), (C), AND (D) OF THIS SUBTITLE:

(1)      AN INTEREST HELD BY A SPOUSE OR CHILD OF THE INDIVIDUAL, IF
THE INTEREST WAS DIRECTLY OR INDIRECTLY CONTROLLED BY THE INDIVIDUAL
AT ANY TIME DURING THE APPLICABLE PERIOD;

(2)      AN INTEREST HELD BY A BUSINESS ENTITY IN WHICH THE
INDIVIDUAL HELD A 30% OR GREATER INTEREST AT ANY TIME DURING THE
APPLICABLE PERIOD; AND

(3)      AN INTEREST HELD BY A TRUST OR AN ESTATE IN WHICH, AT ANY
TIME DURING THE APPLICABLE PERIOD, THE INDIVIDUAL:

(I)       HELD A REVERSIONARY INTEREST;

(II)     WAS A BENEFICIARY; OR

(III)    IF A REVOCABLE TRUST, WAS A SETTLOR.

(B)     EFFECT ON OTHER DISCLOSURE REQUIREMENTS.

SUBSECTION (A)(2) OF THIS SECTION DOES NOT AFFECT:

(1) THE REQUIREMENT UNDER § 15-607(B) OF THIS SUBTITLE OF
DISCLOSURE OF REAL ESTATE INTERESTS HELD IN THE NAME OF A PARTNERSHIP IN
WHICH THE INDIVIDUAL HOLDS AN INTEREST; AND

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