MA S938

Requires all Massachusetts public and independent higher education institutions to maintain written conflict-of-interest policies, made publicly available online

Mandates faculty and staff publicly disclose financial relationships with entities other than their primary employer or government agencies, with disclosures posted online

Defines financial relationships broadly to include salaries, consulting fees, honoraria, equity interests (stocks/stock options), and intellectual property rights including patents, copyrights, and royalties

Board of Higher Education must collaborate with the State Ethics Commission to develop guidelines that consider existing institutional policies and identify best practices

Guidelines must be issued within 270 days of the act's passage