Prohibits investment advisers from soliciting or accepting campaign contributions from government entities and then awarding contracts.
This bill amends Chapter 55 of the General Laws to prohibit investment advisers from soliciting or accepting campaign contributions from government entities and subsequently awarding contracts. It defines key terms such as "investment adviser" and "solicitor." The bill also outlines exceptions for certain contributions and allows the Office of Campaign and Political Finance to grant exemptions. Violations are subject to fines and imprisonment.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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