SECTION 1 . Section 3 of chapter 268A, as so appearing, is hereby amended by

 striking out clauses (a) and (b) and inserting in place thereof the following 2 clauses:-

 (a) Whoever, otherwise than as provided by law for the proper discharge of his official

 duties, directly or indirectly gives, offers, or promises anything of substantial value to any

 present or former state, county, or municipal employee or to any member of the judiciary,

 or to any person selected to be such an employee or member of the judiciary for or

 because of the employee's official position; or

 (b) Whoever, being a present or former state, county, or municipal employee or member

 of the judiciary, or person selected to be such an employee or member of the judiciary,

 otherwise than as provided by law for the proper discharge of his official duties, directly

 or indirectly asks, demands, exacts, solicits, seeks, accepts, receives, or agrees to receive

 anything of substantial value for himself for or because of the employee's official

 position; or.

 SECTION 2. Section 3 of chapter 268A, as so appearing, is hereby further amended by

 adding the following paragraph:-

 The commission shall adopt regulations: (i) defining "substantial value," provided

 however that "substantial value" shall not be less than $50; (ii) establishing exclusions

 for ceremonial gifts; (iii) establishing exclusions for gifts given solely because of family

 or friendship; and (iv) establishing additional exclusions for other situations that do not

 present a genuine risk of a conflict or the appearance of a conflict of interest.