FL S0552

Defines "special private gain or loss" as a gain or loss affecting a public officer, their relative, principal, or corporate parent/subsidiary differently than others affected by a matter.

Prohibits state legislators from voting on or participating in legislation that would provide special private gain or loss to themselves, their relatives, employers, business associates, principals, or boards on which they sit.

Requires legislators to publicly disclose all conflicting interests before legislation is considered and file a detailed written memorandum with the Secretary of the Senate or Clerk of the House within 15 days after a vote occurs.

Mandates that legislators vote on the General Appropriations Act while disclosing any conflicts of interest with specific line-item appropriations.

Takes effect October 1, 2012.