HOUSE . . . . . . . . No. 4462
The Commonwealth of Massachusetts
________________________________________
HOUSE OF REPRESENTATIVES, March 14, 2024.
The committee on Public Service, to whom was referred so much of
the recommendations of the Public Employee Retirement Administration
Commission (House, No. 8) as relates to providing for statement of
financial interests flexibility (House, No. 13) reports recommending that
the accompanying bill (House, No. 4462) ought to pass.
For the committee,
KENNETH I. GORDON. 1 of 1
FILED ON: 2/6/2024
HOUSE . . . . . . . . . . . . . . . No. 4462
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act providing for state financial interests flexibility.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Paragraph (a) of section 20C of chapter 32 of the general laws, as appearing
2in the 2018 official edition, is hereby amended by inserting, in line 7, after the fourth “retirement
3board” the following: “,provided, however, that no retirement board member shall be required to
4file a statement of financial interests for the year in which he or she ceased to be a retirement
5board member if he or she served for less than thirty days in such year.”
6 SECTION 2. Section 20C of chapter 32 of the general laws, as appearing in the 2018
7official edition, is hereby amended in line 78 by inserting after the words “section 16.”, the
8following: “A board member may petition the commission for a waiver of their removal from the
9board and their exclusion from future board service due to extenuating circumstances, provided
10that the member files their statement of financial interest by a date set by the commission.”
11 SECTON 3. This act shall take effect upon its passage.