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PARRIS N. GLENDENING, Governor
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S.B. 551
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(C) IF THE INDIVIDUAL IS EMPLOYED BY A CORPORATION OR IF A CLIENT
LISTED IN SUBSECTION (B)(1) OF THIS SECTION IS A CORPORATION, THE STATEMENT
REQUIRED UNDER THIS SECTION SHALL INCLUDE, FOR EACH CORPORATION:
(1) A SCHEDULE OF THE OFFICERS, DIRECTORS, AND EACH DIRECT OR
INDIRECT OWNER OF ANY EQUITY SECURITY OR OTHER OWNERSHIP INTEREST IN
THE CORPORATION;
(2) A SCHEDULE OF ANY APPLICABLE PARENT CORPORATION OF THE
CORPORATION AND ALL SUBSIDIARY CORPORATIONS OF THAT PARENT
CORPORATION;
(3) A SCHEDULE OF ANY SUBSIDIARY CORPORATIONS OF THE
CORPORATION; AND
(4) A SCHEDULE LISTING;
(I) ANY CLIENTS OF THE APPLICABLE PARENT OR SUBSIDIARY
CORPORATIONS THAT HAVE RECEIVED A FEE FOR SERVICES IN CONNECTION WITH
CONTRACT ACTIVITIES OR OTHER AREAS REGULATED BY THE EXECUTIVE UNIT; AND
(II) THE GENERAL NATURE OF THE WORK PERFORMED FOR EACH
OF THE CLIENTS LISTED.
(D) IF THE CORPORATION IS A PUBLICLY TRADED CORPORATION, THE
DISCLOSURE UNDER SUBSECTION (C)(1) OF THIS SECTION NEED ONLY CONTAIN THE
NAMES AND ADDRESSES OF THOSE KNOWN TO THE CORPORATION TO BENEFICIALLY
OWN 5% OR MORE OF THE PUBLICLY HELD SECURITIES OF THE CORPORATION.
Article - State Finance and Procurement
13-212.
(A) EACH INVITATION FOR BIDS OR REQUEST FOR PROPOSALS FOR A
CONTRACT THAT WILL INVOLVE THE SELECTION OF A CONSULTANT WHO IS TO
ASSIST THE UNIT IN THE FORMATION. AWARD. OR EXECUTION OF ANY STATE
CONTRACT SHALL REQUIRE THAT A BIDDER OR OFFEROR PROVIDE TO THE UNIT AN
AFFIDAVIT THAT DISCLOSES ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST OF
WHICH THE BIDDER OR OFFEROR KNOWS, OR CAN REASONABLY BE EXPECTED TO
KNOW, IN ACCORDANCE WITH REGULATIONS ADOPTED UNDER THIS SECTION.
(B) THE BOARD SHALL ADOPT REGULATIONS CONCERNING THE DISCLOSURE
AND EVALUATION OF CONFLICT OF INTERESTS UNDER THIS SECTION.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2000.
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May 18, 2000
The Honorable Thomas V. Mike Miller, Jr.
President of the Senate
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- 3937 -
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