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40 U.S.C. § 15306 — Personal financial interests
Federal law — U.S. Code and appendices · legal_authorities
**(a) Conflicts of Interest.—**
(1) **No role allowed.—** — Except as permitted by paragraph (2), an individual who is a State member or alternate, or an officer or employee of a Commission, shall not participate personally and substantially as a member, alternate, officer, or employee of the Commission, through decision, approval, disapproval, recommendation, request for a ruling, or other determination, contract, claim, controversy, or other matter in which, to the individual’s knowledge, any of the following has a financial interest:
(A) The individual.
(B) The individual’s spouse, minor child, or partner.
(C) An organization (except a State or political subdivision of a State) in which the individual is serving as an officer, director, trustee, partner, or employee.
(D) Any person or organization with whom the individual is negotiating or has any arrangement concerning prospective employment.
(2) **Exception.—** — Paragraph (1) shall not apply if the individual, in advance of the proceeding, application, request for a ruling or other determination, contract, claim controversy, or other particular matter presenting a potential conflict of interest—
(A) advises the Commission of the nature and circumstances of the matter presenting the conflict of interest;
(B) makes full disclosure of the financial interest; and
(C) receives a written decision of the Commission that the interest is not so substantial as to be considered likely to affect the integrity of the services that the Commission may expect from the individual.
(3) **Violation.—** — An individual violating this subsection shall be fined under title 18, imprisoned for not more than 1 year, or both.
**(b) State Member or Alternate.—** A State member or alternate member may not receive any
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Source location: Title 40, Chapter 153, § 15306; chapter-153-regional-commissions.md
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**(a) Conflicts of Interest.—**
(1) **No role allowed.—** — Except as permitted by paragraph (2), an individual who is a State member or alternate, or an officer or employee of a Commission, shall not participate personally and substantially as a member, alternate, officer, or employee of the Commission, through decision, approval, disapproval, recommendation, request for a ruling, or other determination, contract, claim, controversy, or other matter in which, to the individual’s knowledge, any of the following has a financial interest:
(A) The individual.
(B) The individual’s spouse, minor child, or partner.
(C) An organization (except a State or political subdivision of a State) in which the individual is serving as an officer, director, trustee, partner, or employee.
(D) Any person or organization with whom the individual is negotiating or has any arrangement concerning prospective employment.
(2) **Exception.—** — Paragraph (1) shall not apply if the individual, in advance of the proceeding, application, request for a ruling or other determination, contract, claim controversy, or other particular matter presenting a potential conflict of interest—
(A) advises the Commission of the nature and circumstances of the matter presenting the conflict of interest;
(B) makes full disclosure of the financial interest; and
(C) receives a written decision of the Commission that the interest is not so substantial as to be considered likely to affect the integrity of the services that the Commission may expect from the individual.
(3) **Violation.—** — An individual violating this subsection shall be fined under title 18, imprisoned for not more than 1 year, or both.
**(b) State Member or Alternate.—** A State member or alternate member may not receive any salary, or any contribution to, or supplementation of, salary, for services on a Commission from a source other than the State of the member or alternate.
**(c) Detailed Employees.—**
(1) **In general.—** — No person detailed to serve a Commission shall receive any salary, or any contribution to, or supplementation of, salary, for services provided to the Commission from any source other than the State, local, or intergovernmental department or agency from which the person was detailed to the Commission.
(2) **Violation.—** — Any person that violates this subsection shall be fined under title 18, imprisoned not more than 1 year, or both.
**(d) Federal Cochairman, Alternate to Federal Cochairman, and Federal Officers and Employees.—** The Federal Cochairman, the alternate to the Federal Cochairman, and any Federal officer or employee detailed to duty with the Commission are not subject to this section but remain subject to sections 202 through 209 of title 18.
**(e) Rescission.—** A Commission may declare void any contract, loan, or grant of or by the Commission in relation to which the Commission determines that there has been a violation of any provision under subsection (a)(1), (b), or (c), or any of the provisions of sections 202 through 209 of title 18.
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Federal law — U.S. Code and appendices · legal_authorities
In this subtitle, the following definitions apply:
(1) **Commission.—** — The term “Commission” means a Commission or Authority established under section 15301.
(2) **Local development district.—** — The term “local development district” means an entity that—
(A)
(i) is an economic development district that is—
(I) in existence on the date of the enactment of this chapter; and
(II) located in the region; or
(ii) if an entity described in clause (i) does not exist—
(I) is organized and operated in a manner that ensures broad-based community participation and an effective opportunity for local officials, community leaders, and the public to contribute to the development and implementation of programs in the region;
(II) is governed by a policy board with at least a simple majority of members consisting of—
(aa) elected officials; or
(bb) designees or employees of a general purpose unit of local government that have been appointed to represent the unit of local government; and
(III) is certified by the Governor or appropriate State officer as having a charter or authority that includes the economic development of counties, portions of counties, or other political subdivisions within the region; and
(B) has not, as certified by the Federal Cochairperson—
(i) inappropriately used Federal grant funds from any Federal source; or
(ii) appointed an officer who, during the period in which another entity inappropriately used Federal grant funds from any Federal source, was an officer of the other entity.
(3) **Federal grant program.—** — The term “Federal grant program” means a Federal grant program to provide assistance in carrying out economic and community development activities.
(4) **Indian tri
Source: Supplied U.S. Code snapshot — release unconfirmed · 40 U.S.C. § 15101
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Federal law — U.S. Code and appendices · legal_authorities
Page 271
TITLE 40—PUBLIC BUILDINGS, PROPERTY, AND WORKS
§ 15307
ignees) present in-person or via electronic
means.
(c) ADDITIONAL MEETINGS.—Each Commission
shall conduct additional meetings at such times
as it determines and may conduct such meetings
by electronic means.
(Added Pub. L. 110–234, title XIV, § 14217(a)(2),
May 22, 2008, 122 Stat. 1473, and Pub. L. 110–246,
§ 4(a), title XIV, § 14217(a)(2), June 18, 2008, 122
Stat. 1664, 2235; amended Pub. L. 118–272, div. B,
title II, § 2242(d), Jan. 4, 2025, 138 Stat. 3203.)
Editorial Notes
REFERENCES IN TEXT
The date of the enactment of this section, referred to
in subsec. (a), is the date of enactment of Pub. L.
110–246, which was approved June 18, 2008.
CODIFICATION
Pub. L. 110–234 and Pub. L. 110–246 enacted identical
sections. Pub. L. 110–234 was repealed by section 4(a) of
Pub. L. 110–246.
AMENDMENTS
2025—Subsec. (b). Pub. L. 118–272 substituted ‘‘with—
’’ and pars. (1) and (2) for ‘‘with the Federal Cochair-
person and at least a majority of the State members
present.’’
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section effective on the first day of the first fiscal
year beginning after June 18, 2008, see section 14217(d)
of Pub. L. 110–246, set out as a note under section 15101
of this title.
§ 15306. Personal financial interests
(a) CONFLICTS OF INTEREST.—
(1) NO ROLE ALLOWED.—Except as permitted
by paragraph (2), an individual who is a State
member or alternate, or an officer or employee
of a Commission, shall not participate person-
ally and substantially as a member, alternate,
officer, or employee of the Commission,
through decision, approval, disapproval, rec-
ommendation, request for a ruling, or other
determination, contract, claim, controversy,
or other matte
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