PARRIS N. GLENDENING, Governor

Ch. 552

vehicle the individual investments of which the legislator does not control or manage) the
lesser of 10 percent or more of the outstanding capital stock or capital stock of any
corporation with a cumulative value of $10,000 or more; and corporations in which the
legislator is an officer, director, or agent.

(3) Soliciting, accepting, or agreeing to accept any gift, loan, or payment of
a significant value from a person who would be affected by or has an interest in an
enterprise which would be affected by the legislator's vote on proposed legislation.

15-513.

(a)     A legislator who enters into any of the listed transactions shall report in
writing to the Joint Ethics Committee and the presiding officer of his branch of the
legislature for recordation with the Clerk of the House of Delegates or Secretary of the
Senate, at the times and in the manner required by the Joint Ethics Committee:

(1)     If representing a person for compensation before a State agency, except
in a judicial proceeding or in a quasi-judicial proceeding, the name of the person
represented, the services performed, and the consideration. The Joint Ethics Committee
may adopt procedures to keep confidential the name of the person represented if that
information is privileged or confidential pursuant to any provision of law governing
proceedings before that State agency.

(2)     If representing a State agency for compensation, the name of the agency,
the services performed, and the consideration.

(3)     The name of any business enterprise subject to regulation by a State
agency in which the legislator and a member of the legislator's immediate family (spouse
and children living with the legislator), together or separately, have:

(i) The lesser of:

1.       10 percent or more of the capital stock of any corporation; or

2.       Capital stock of any corporation with a cumulative value of
$10,000 or more; and

(ii) Any interest in a partnership, LIMITED LIABILITY PARTNERSHIP,
OR LIMITED LIABILITY COMPANY.

(4)     Details of any contractual relationship with the State or a State agency,
including the subject matter and the consideration.

(5)     Details of any transaction with the State involving a monetary
consideration, excluding those enumerated by the Joint Ethics Committee in the
guidelines established pursuant to § 2-706 of this article.

(b)     All reports filed under this section shall be a matter of public record.

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