Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
as follows:
SECTION 1. Clause (a) of section 1 of chapter 268B of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out the definition of "amount" and inserting in place thereof the following definition:-
"amount", a category of value, rather than an exact dollar figure, as follows: greater than one thousand dollars but not more than five thousand dollars; greater than five thousand dollars but not more than ten thousand dollars; greater than ten thousand dollars but not more than twenty thousand dollars; greater than twenty thousand dollars but not more than forty thousand dollars; greater than forty thousand dollars but not more than sixty thousand dollars; greater than sixty thousand dollars but not more than one hundred thousand dollars; greater than one hundred thousand dollars;.
SECTION 2. Section 5 of said chapter 268B, as so appearing, is hereby amended by striking out subsections (b) and (c) and inserting in place thereof the following two subsections:-
(b) Every public official shall file a statement of financial interest for the preceding calendar year with the commission on or before the last Tuesday in May of the year in which such public official first enters such public office and of each year that such public official holds such office, and on or before May first of the year after such public official leaves such office; provided, however, that no public official shall be required to file a statement of financial interests for the year in which he ceased to be a public official if he served for less than thirty days in such year.
(c) Every public employee shall file a statement of financial interests for the preceding calendar year with the commission within thirty days after becoming a public employee, on or before May first of each year thereafter that such person is a public employee and on or before May first of the year after such person ceases to be a public employee; provided, however, that no public employee shall be required to file a statement of financial interests for the year in which he ceased to be a public employee if he served less than thirty days in such year.
SECTION 3. This act shall take effect on January first, nineteen hundred and eighty-seven and shall apply to all statements of financial interest required to be filed with the commission for calendar year nineteen hundred and eighty-six and subsequent calendar years.