SB 5731 - DIGEST

(DIGEST AS ENACTED)

     Finds that:  (1) The current statutes pertaining to municipal officers' beneficial interest in contracts are quite confusing and have resulted in some inadvertent violations of the law;

     (2) the dollar thresholds for many of the exemptions have not been changed in over thirty-five years, and the restrictions apply to the total amount of the contract instead of the portion of the contract that pertains to the business operated by the municipal officer; and

     (3) the confusion existing over these current statutes discourages some municipalities from accessing some efficiencies available to them.

     Declares an intent of the legislature to clarify the statutes pertaining to municipal officers and contracts and to enact reasonable protections against inappropriate conflicts of interest.