HB 1003-6_ Filed 01/31/2005, 09:55 Simpson
that Engrossed House Bill 1003 be amended to read as follows:
SOURCE: Page 42, line 39; (05)MO100332.42. -->
Page 42, between lines 39 and 40, begin a new paragraph and insert:
" Sec. 8. (a) As used in this section, "benefit recipient" means any
person, individual, or entity that receives a grant, a loan, a tax
credit, or another benefit from the corporation or an entity owned
or administered by the corporation.
(b) Not later than January 15 of each year every member of the
board shall file with the secretary of state a written statement of the
member's economic interests for the preceding calendar year
listing the following:
(1) The name of all the member's employers and the
employers of the member's spouse and the nature of each
employer's business. The corporation need not be listed as an
(2) The name of any sole proprietorship owned or professional
practice operated by the member or the member's spouse and
the nature of the business.
(3) The name of any partnership of which the member or the
member's spouse is a member and the nature of the
(4) The name of any limited liability company of which the
member or the member's spouse has an interest.
(5) The name of any corporation of which the member or the
member's spouse is an officer or a director and the nature of
the corporation's business. Churches need not be listed.
(6) The name of any corporation in which the member or the
member's spouse or unemancipated children own stock or
stock options having a fair market value that exceeds ten
thousand dollars ($10,000). No time or demand deposit in a
financial institution or insurance policy need be listed.
(7) The name of any state agency or the supreme court of
Indiana that licenses or regulates the following:
(A) The member's or the member's spouse's profession or
(B) Any proprietorship, partnership, limited liability
company, or corporation, listed under subdivision (2), (3),
(4), or (5) and the nature of the licensure or regulation.
The requirement to file certain reports with the secretary of
state or to register with the department of state revenue as a
retail merchant, manufacturer, or wholesaler shall not be
considered as licensure or regulation.
(8) The name of any person whom the member knows to have
been a benefit recipient in the previous calendar year and
knows to have purchased from the member, the member's sole
proprietorship, the member's partner, or the member's family
business, any goods or services from any benefit recipient.
This subdivision does not apply to purchases from a retail
business that are made in the ordinary course of business at
prices that are available to the general public.
(9) The name of any person or entity from whom the member
received any of the following from any benefit recipient:
(A) Any gift of cash.
(B) Any single gift other than cash having a fair market
value that exceeds one hundred dollars ($100).
(C) Any gifts other than cash having a fair market value in
total that exceeds two hundred fifty dollars ($250).
A contribution made by a benefit recipient to a charitable
organization (as defined in Section 501(c) of the Internal
Revenue Code) in connection with a social or sports event
attended by a member need not be listed. Gifts to a member
from a spouse or close relative of the member need not be
listed unless the donor has a substantial economic interest in
a benefit recipient.
(10) The name of any benefit recipient who is:
(A) a member of a partnership or limited liability
(B) an officer or a director of a corporation; or
(C) a manager of a limited liability company;
of which the board member is a partner, an officer, a director,
a member, or an employee.
(11) The name of any person or entity on whose behalf the
member has appeared before, contacted, or transacted
business with any state agency or official thereof, the name of
the state agency, the nature of the appearance, contact, or
transaction, and the cause number, if any. This requirement
does not apply when the services are rendered without
(12) Any contribution, as defined in IC 3-5-2-15, made by the
(c) Before any person may become a member of the board, the
person shall file with the secretary of state the same written
statement of economic interests for the preceding calendar year
that this section requires board members to file.
(d) Any member may file an amended statement upon discovery
of additional information required to be reported.
(e) The statements of economic interest shall be filed on forms
provided by the secretary of state. Statements shall be kept by the
secretary of state for one (1) year after the expiration of the term
during which they were filed. Any statement filed under this section
is open to public inspection and copies shall be made available to
any person for a reasonable fee.".
Page 199, between lines 9 and 10, begin a new paragraph and insert:
SOURCE: ; (05)MO100332.137. -->
"SECTION 137. [EFFECTIVE UPON PASSAGE] IC 5-28-4-8, as
added by this act, applies only to contributions made after the
effective date of this act.
Renumber all SECTIONS consecutively.
(Reference is to EHB 1003 as printed January 28, 2005.)