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AL HB514
Bill
Status
6/2/2011
Primary Sponsor
Blaine Galliher
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AI Summary
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Amends Alabama Code Section 41-16-60 to allow members and officers of public entities to have financial interests in publicly bid contracts under two specific conditions.
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Permits financial interest in a contract if the contract or agreement was created prior to the individual's election or appointment to their public position.
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Permits financial interest in a contract if the individual does not participate in discussion or voting on the decision-making process that creates the financial or personal beneficial interest.
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Maintains existing penalties for violations: misdemeanor offense with imprisonment up to 12 months and/or fine up to $500, plus removal from office for willful violations.
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Becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Public contracts, competitive bids, potential conflict of interest, members and officers of public entities may have financial interest in public contract if contract existed before public service begins or member or officer does not participate in decision process, Sec. 41-16-60 am'd.
Public Contracts
Last Action
Delivered to Governor at 8:40 p.m. on June 2, 2011.
6/2/2011