FILED ON: 6/2/2022

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 4839

The Commonwealth of Massachusetts

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

An Act providing for statement of financial interests flexibility.

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to establish forthwith expanded compliance for the filing of a statement of financial interest by retirement board members, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
 

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. Subsection (a) of section 20C of chapter 32 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by adding the following sentence:- No person who ceases to be a member of a retirement board shall be required to file a statement of financial interests for the year in which the person ceased to be a member of a retirement board if the person served for fewer than 30 days in that year.

SECTION 2. The last paragraph of said section 20C of said chapter 32 of the General Laws, as so appearing, is hereby further amended by inserting after the first sentence the following sentence:- A reporting person who has failed to file a statement of financial interest may petition the commission for a waiver of removal from the board and exclusion from future board service due to extenuating circumstances; provided, however, that the reporting person shall file a statement of financial interest by a date set by the commission.