BILL NUMBER: AB 2697INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Hagman FEBRUARY 19, 2010 An act to add Section 87406.5 to the Government Code, relating to the Political Reform Act of 1974. LEGISLATIVE COUNSEL'S DIGEST AB 2697, as introduced, Hagman. Political Reform Act of 1974: former regulatory board employees. The Political Reform Act of 1974 prohibits a former public official, for a period of one year after leaving his or her office or employment, from representing for compensation an entity making oral or written communication with the official's former political organization or agency for the purposes of influencing statutory or regulatory action. This bill would prohibit a member of a state regulatory board, for a period of one year after leaving his or her position, from accepting employment with an entity that was regulated by the regulatory board. Because this bill would create a new crime or infraction, it would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason. The Political Reform Act of 1974, an initiative measure, provides that the Legislature may amend the act to further the act's purposes upon a 2/3 vote of each house and compliance with specified procedural requirements. This bill would declare that it furthers the purposes of the act. Vote: 2/3. Appropriation: no. Fiscal committee: yes. State-mandated local program: yes. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 87406.5 is added to the Government Code, to read: 87406.5. A former member of a state regulatory board or former officer or employee of a state regulatory board who held a position that entailed the making or participation in the making of decisions which may foreseeably have a material effect on any financial interest, shall not, for a period of one year after leaving that position or employment, accept employment for compensation with an entity overseen by that state regulatory board. SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIII B of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIII B of the California Constitution. SEC. 3. The Legislature finds and declares that this bill furthers the purposes of the Political Reform Act of 1974 within the meaning of subdivision (a) of Section 81012 of the Government Code.