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CA SB1271
Bill
AI Summary
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Requires boards, commissions, or agencies of public pension and retirement systems to attach an appendix to their Conflict of Interest Code listing positions requiring individuals to file Statements of Economic Interest as public officials managing public investments
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Mandates posting the appendix on the agency's Internet Web site in an easily identifiable and accessible manner
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Defines "public official who manages public investments" as salaried or unsalaried members of committees, boards, commissions, or entities with decisionmaking authority, including those that can make final decisions, compel or prevent decisions, or make substantive recommendations regularly approved without significant amendment
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Excludes committees, boards, and commissions formed solely for research and preparation of reports or recommendations from the definition of entities with decisionmaking authority
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Authorizes reimbursement to local agencies and school districts for state-mandated costs through existing statutory procedures if the Commission on State Mandates determines such costs exist
Legislative Description
Political Reform Act of 1974: conflict of interest codes.
Last Action
Chaptered by Secretary of State. Chapter 702, Statutes of 2010.
9/30/2010