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HF 1964

as introduced - 87th Legislature (2011 - 2012) Posted on 02/23/2012 02:56pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 01/26/2012

Current Version - as introduced

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A bill for an act
 relating to legislative ethics; requiring the senate and house of representatives to
adopt rules prohibiting improper use of confidential information by legislators;
proposing coding for new law in Minnesota Statutes, chapter 3.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [3.057] IMPROPER USE OF CONFIDENTIAL INFORMATION BY
LEGISLATORS.
 new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin (a) For purposes of this section, the terms defined in
this subdivision have the meanings given.
 new text end

new text begin (b) "Confidential information" means any information provided to, acquired by, or
received by a legislator in connection with the legislator's role or status as a legislator,
which is not available to the general public.
 new text end

new text begin (c) "Improper use of confidential information" means a legislator's use of confidential
information to further the legislator's private financial interest, whether through purchase
or sale of an investment or otherwise.
 new text end

new text begin (d) "Legislator" means a member of the Minnesota senate or Minnesota house of
representatives.
 new text end

new text begin (e) "Private financial interest" means any situation in which a legislator, or a member
of a legislator's family, benefits financially.
 new text end

new text begin Subd. 2. new text end

new text begin Legislative rules. new text end

new text begin The Minnesota senate and the Minnesota house of
representatives shall, no later than the conclusion of the 2012 legislative session, each
adopt internal rules specifically prohibiting improper use of confidential information by its
members and providing for appropriate internal punishment for violations.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end