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12/29/88 <br />(REVISOR <br />] XX/MC <br />89-0652 <br />1 aapublic official or candidate <br />the,jobbyist <br />may <br />file a <br />2 statement to that effect with the board in place of the report <br />3 required by this subdivision The unreported disbursements for <br />4 the period covered by the statement must be included in the <br />5 report for the following period unless the total for that <br />6 period including the amount carried over from the preceding <br />7 period is not more than $100 The October 15 report, however, <br />8 must include all previously unreported disbursements from the <br />9 last day of the period covered by the last report filed by the <br />lu iobbyist, even if they total 5100 or less. <br />1.1 Subd. 3. [REPORT BY THE BOARD.] Within 30 days of each <br />12 lobbyist reporting dat specified in subdivision 2,_the <br />13 executive director of the board shall report to the governor and <br />14 the presiding officer of each house of the legislature the names <br />15 of lobbyists registered during the period covered by the <br />16 lobbyist reports who were not previously reported, the names of <br />17 the p^rsons or associations whom the newly registered lobbyists <br />18 represent as lobbyists and the subject or subjects on which <br />.19 they are lobbying. <br />20 Subd. 4. (CONTINGENT FEES PROHIBITED.] No person may act <br />21 as or employ a lobbyist for compensation that is dependent upon <br />22 the result or outcome of le islat,ve or administrative action. <br />23 A person who violates this subdivision is guilty of a gross <br />24 misdemeanor. <br />25 Sec. 7. (106.07] (CONFLICTS OF INTEREST.) <br />26 Subdivision I. [ASSOCIATED BUSINESS.] For purposes of this <br />27 section, "associated business" means an association: <br />28 from which a public cfficiai or employee receives a <br />29 substantial amount of compensation, other _than re'_mbursement for <br />30 actual and reasonable expenses in any month as director, <br />31 officer, owner, membar, partner, employer, Or employee; or <br />32 ;2) in which the official or _mnloyee holds securities or <br />33 other investments worth $2,500 or more at fair market value. <br />34 Subd. 2. (DISCLOSURE.) A public official or emplovee who <br />35 in the discharge of official duties would be required to take an <br />36 action or make a decision that would substantially affect the <br />16 <br />