Text: SF00271 Text: SF00273 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 SENATE FILE 272 1 2 1 3 AN ACT 1 4 RELATING TO CONFLICTS OF INTEREST IN PUBLIC CONTRACTS. 1 5 1 6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 7 1 8 Section 1. Section 279.7A, Code 2003, is amended to read 1 9 as follows: 1 10 279.7A INTEREST IN PUBLIC CONTRACTS PROHIBITED – 1 11 EXCEPTIONS. 1 12 A member of the board of directors of a school corporation 1 13 shall not have an interest, direct or indirect, in a contract 1 14 for the purchase of goods, including materials and profits, 1 15 and the performance of services for the director's school 1 16 corporation. A contract entered into in violation of this 1 17 section is void. This section does not apply to contracts for 1 18 the purchase of goods or services which benefit a director, or 1 19 to compensation for part-time or temporary employment which 1 20 benefits a director, if the benefit to the director does not 1 21 exceed two thousand five hundred dollars in a fiscal year, and 1 22 contracts made by a school board, upon competitive bid in 1 23 writing, publicly invited and opened. This section does not 1 24 apply to a contract that is a bond, note, or other obligation 1 25 of a school corporation if the contract is not acquired 1 26 directly from the school corporation, but is acquired in a 1 27 transaction with a third party, who may or may not be the 1 28 original underwriter, purchaser, or obligee of the contract, 1 29 or to a contract in which a director has an interest solely by 1 30 reason of employment if the contract is made by competitive 1 31 bid in writing, publicly invited and opened, or if the 1 32 remuneration of employment will not be directly affected as a 1 33 result of the contract and the duties of employment do not 1 34 directly involve the procurement or preparation of any part of 1 35 the contract. The competitive bid qualification of this 2 1 section does not apply to a contract for professional services 2 2 not customarily awarded by competitive bid. 2 3 Sec. 2. Section 331.342, subsection 4, Code 2003, is 2 4 amended to read as follows: 2 5 4. Contracts in which a county officer or employee has an 2 6 interest solely by reason of employment, or a stock interest 2 7 of the kind described in subsection 8, or both, if the 2 8 contracts are made by competitive bid, publicly invited and 2 9 opened,andor if the remuneration of employment will not be 2 10 directly affected as a result of the contract and the duties 2 11 of employment do not directly involve the procurement or 2 12 preparation of any part of the contract. The competitive bid 2 13 qualification of this subsection does not apply to a contract 2 14 for professional services not customarily awarded by 2 15 competitive bid. 2 16 Sec. 3. Section 331.342, Code 2003, is amended by adding 2 17 the following new subsection: 2 18 NEW SUBSECTION. 11. A contract that is a bond, note, or 2 19 other obligation of the county and the contract is not 2 20 acquired directly from the county, but is acquired in a 2 21 transaction with a third party, who may or may not be the 2 22 original underwriter, purchaser, or obligee of the contract. 2 23 Sec. 4. Section 362.5, subsection 5, Code 2003, is amended 2 24 to read as follows: 2 25 5. Contracts in which a city officer or employee has an 2 26 interest solely by reason of employment, or a stock interest 2 27 of the kind described in subsection 9, or both, if the 2 28 contracts are made by competitive bid in writing, publicly 2 29 invited and opened, or if the remuneration of employment will 2 30 not be directly affected as a result of the contract and the 2 31 duties of employment do not directly involve the procurement 2 32 or preparation of any part of the contract. The competitive 2 33 bid qualification of this subsection does not apply to a 2 34 contractisfor professional services not customarily awarded 2 35 by competitive bid, if the remuneration of employment will not3 1be directly affected as a result of the contract, and if the3 2duties of employment do not directly involve the procurement3 3or preparation of any part of the contract. 3 4 Sec. 5. Section 362.5, Code 2003, is amended by adding the 3 5 following new subsection: 3 6 NEW SUBSECTION. 13. A contract that is a bond, note, or 3 7 other obligation of the city and the contract is not acquired 3 8 directly from the city, but is acquired in a transaction with 3 9 a third party who may or may not be the original underwriter, 3 10 purchaser, or obligee of the contract. 3 11 3 12 3 13 3 14 MARY E. KRAMER 3 15 President of the Senate 3 16 3 17 3 18 3 19 CHRISTOPHER C. RANTS 3 20 Speaker of the House 3 21 3 22 I hereby certify that this bill originated in the Senate and 3 23 is known as Senate File 272, Eightieth General Assembly. 3 24 3 25 3 26 3 27 MICHAEL E. MARSHALL 3 28 Secretary of the Senate 3 29 Approved , 2003 3 30 3 31 3 32 3 33 THOMAS J. VILSACK 3 34 Governor
Text: SF00271 Text: SF00273 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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