Introduced

SB 150 - Currently, investment firms, law firms offering bond counsel services, or persons having interest in such firms are barred from being involved in the issuance of bonds authorized by an election in which the firm or person made any contribution in support of the bond election.

This act requires investment firms offering municipal bond underwriting of financial advisory services, law firms offering bond counsel services, and those with an interest in such firms to limit participation in campaigns in support of a general obligation bond election to activities that do not involve any direct or indirect financial contributions.

This act is similar to SB 1035 (2006).

CHRIS HOGERTY


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