Amend the committee amendment, as and if amended, by striking SECTION 60 and inserting:
/ SECTION 60. Section 8-13-1342 of the 1976 Code is amended to read:
"Section 8-13-1342. (A) No person who has been awarded a contract with the State, a county, a municipality, or a political subdivision thereof, other than contracts awarded through competitive bidding practices, may make a contribution after the awarding of the contract or invest in a financial venture in which a public official has an interest if that official was in a position to act on the contract's award. No public official or public employee may solicit campaign contributions or investments in exchange for the prior award of a contract or the promise of a contract with the State, a county, a municipality, or a political subdivision thereof.
(B) Any individual, business, or other entity which applies for a contract from the State of South Carolina or a state governmental entity in the amount of five million dollars or greater must file a report with the State Ethics Commission pursuant to Section 8-13-365 listing, in the case of a closely held corporation, partnership, or privately owned company, any and all owners, officers, directors, or employees of the beneficiary of the contract who have contributed an aggregate amount of five hundred dollars or more to a candidate for legislative or statewide office within an election cycle. In the case of a publicly held corporation, the report must list all board members, directors, employees and officers of the company who have contributed an aggregate amount of five hundred dollars or more to a candidate for legislative or statewide office within an election cycle.
(C) The report required under subsection (B) must include:
(1) the full name, street address, and phone number of the reporting individual, business, or entity receiving the contract;
(2) the names of each employee, owner, director, board member, or officer who have contributed; and
(3) the name of the candidate and amount of contribution." /
Renumber sections to conform.
Amend title to conform.