HB691: General Assembly Conflicts of Interests Act; disclosure requirements of certain large gifts.
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 30-111.1 as follows:
§ 30-111.1. Disclosure of certain large gifts.
Each member shall file an addendum to his statement of economic interests filed pursuant to § 30-111 within 30 days of his receipt of a gift with a value of $1,000 or more. The addendum shall provide the name of the donor of the gift, the date of its receipt, and the approximate value of the gift. "Gift" shall mean "gift" as defined in § 30-111.