The proposed bill, if enacted, would introduce new restrictions on employment related to the Arizona Corporation Commission. Specifically, it would prohibit entities regulated by the Commission from hiring individuals who have served as commissioners or employees of the Commission within the past four calendar years. Additionally, the Commission itself would be barred from employing individuals who have worked for any regulated entity in the preceding two calendar years. These provisions aim to enhance the integrity and impartiality of the Commission by preventing potential conflicts of interest.

Furthermore, the bill would expand the current prohibitions to include individuals with independent contractor agreements with the Commission or regulated entities. This amendment seeks to close loopholes that may allow individuals to circumvent the existing restrictions by working as independent contractors rather than as direct employees. Overall, the bill aims to strengthen the ethical standards governing employment within the Arizona Corporation Commission and its regulated entities.

Statutes affected:
Introduced Version: 40-104