2014 Special Session I

Budget Amendments - SB5003 (Committee Approved)

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IEIA: Reporting on Contract Lobbying Costs (language only)

Item 419 #5s

Item 419 #5s

Innovation and Entrepreneurship Investment Authority

Page 340, line 33, strike "D." and insert "D.1."
Page 340, following line 38, insert:
"2. Not later than June 15 and December 15 of each year, the Innovation and Entrepreneurship Investment Authority and the Center for Innovative Technology shall provide to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees an itemized monthly report of all expenditures or amounts directly or indirectly incurred in the immediately prior six month period for services provided by any unrelated lobbyist, lawyer, legal consultant, lobbying entity, legal services entity, or legal consulting entity.  The written itemized report shall include a detailed description of each such service provided directly or indirectly to the Authority or the Center, the amount paid or incurred for the service, and the name of the person or entity providing the service.  As it pertains to matters relating to any Session of the General Assembly, the report shall also include the number of the bill or resolution or the subject matter for which such expenditures or amounts were incurred. The report shall not be limited to services provided relating to a session of the General Assembly.  The Authority and the Center may file a combined report, provided that all other requirements of this paragraph have been met."

(This amendment directs the IEIA and its operating entity, the Center for Innovative Technology, to provide biannual reporting of its monthly expenditures for contract lobbying, legal and legislative relations expenditures.)