HB 2729 Summary

• Amends conflict of interest definitions to add a new "remote interest" category exempting direct or indirect ownership of real property valued at $1,000 or less from disclosure requirements.

• Changes the threshold for de minimis interests in trade or business groups from ten members to fifty members and adds language specifying such interests must be "de minimis."

• Modifies subsection C.2 to clarify that political subdivisions may purchase supplies, materials, and equipment not exceeding $300 per transaction and $1,000 annually from governing body members without competitive bidding.

• Adds new subsection E prohibiting public officers or employees from requiring others to violate conflict of interest provisions and prohibiting government time use for political party activities, campaigning, or political fundraising.

• Makes technical corrections replacing archaic pronouns and grammatical constructions ("which" changed to "that", "him" changed to "such officer or employee", etc.) throughout the statute.