Conflicts of interest: contracts.

(1) Existing law prohibits Members of the Legislature and state, county, district, judicial district, and city officers or employees from being financially interested in any contract made by them in their official capacity, or by any body or board of which they are members. A violation of this prohibition is a crime. This bill would additionally prohibit a person from knowingly inducing another to, or participating in the commission of, a violation of the existing prohibition, or conspiring in a violation of the existing prohibition. This bill would impose a state-mandated local program by creating a new crime. (2) The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.