Bill Text: SC H5113 | 2013-2014 | 120th General Assembly | Introduced

South Carolina House Bill 5113 (Prior Session Legislation)

Introduced

Bill Title: Economic Statement of Interest

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-04-10 - Referred to Committee on Judiciary [H5113 Detail]

Download: South_Carolina-2013-H5113-Introduced.html

A BILL

TO AMEND SECTION 8-13-1120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CONTENTS OF A STATEMENT OF ECONOMIC INTERESTS, SO AS TO FURTHER PROVIDE FOR A PUBLIC OFFICIAL, PUBLIC MEMBER, OR PUBLIC EMPLOYEE TO REPORT COMPENSATION HE RECEIVED AS AN EMPLOYEE OR ASSOCIATE OF A BUSINESS CONTRACTED AS A SUBCONTRACTOR.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 8-13-1120(A)(8) of the 1976 Code is amended to read:

"(8) if a public official, public member, or public employee receives compensation from an individual or business which contracts with the governmental entity with which the public official, public member, or public employee serves or is employed, the public official, public member, or public employee must report the name and address of that individual or business and the amount of compensation paid to the public official, public member, or public employee by that individual or business;

If the business which contracts with the governmental entity subcontracts a portion of the work to another corporation or entity with which the public official, public member, or public employee is employed or associated, the public official, public member, or public employee is required to report that portion of the compensation he received as an employee or associate of this subcontractor for that work."

SECTION 2. This act takes effect upon approval by the Governor.