WA HB2060

Elected officials and their spouses are prohibited from being employed by, contracting with, receiving payment from, or holding any direct or indirect beneficial interest in private entities that receive state funding

The prohibition applies to officials elected at general or special elections to any public office, as well as those appointed to fill vacancies in such offices

Employment at public agencies (state or local) is explicitly exempted from the restrictions

"Private entity" is broadly defined to include firms, corporations, associations, partnerships, joint ventures, nonprofit organizations, and any other nonpublic entity

"Beneficial interest" encompasses financial interests and rights to profit, benefit, or advantage from contracts, loans, property, or other transactions with private entities