This bill amends Titles 65 and 74 of the Pennsylvania Consolidated Statutes, focusing on ethics standards, financial disclosure, and lobbying disclosure. Key changes include the redefinition of "gift" to specify that it encompasses money, virtual currency, or other valuable items received without equivalent consideration, while excluding certain categories such as gifts valued at $50 or less from non-lobbyists, political contributions, and gifts from close relatives. Additionally, the bill introduces new definitions for "lobbyist," "official action," "principal," and "virtual currency." It also establishes restrictions on public officials and employees regarding the acceptance of gifts from lobbyists or individuals seeking official action.
Furthermore, the bill enhances penalties for violations related to gift acceptance, categorizing intentional violations involving gifts of $250 or more as felonies, punishable by fines up to $10,000 and/or imprisonment for up to five years. It modifies the requirements for financial interest statements, including the disclosure of gifts valued at $250 or more, and updates the reporting requirements for lobbyists. The bill mandates the adoption of a comprehensive code of conduct for the Turnpike Commission to prevent conflicts of interest and promote public confidence in its integrity. The act is set to take effect 60 days after its passage.
Statutes/Laws affected: Printer's No. 52 (Jan 22, 2025): 65-1102
Printer's No. 0052: 65-1102