Proposing amendment to Oregon Constitution relating to conflict of interest rules for the Legislative Assembly.

Proposes amendment to Oregon Constitution to prohibit members of Legislative Assembly from voting on legislative measures when faced with conflict of interest. Permits vote to occur if legislative entity is otherwise unable to muster sufficient votes to pass or defeat measure. Authorizes Legislative Assembly by law to authorize regulatory agency to provide oversight to ensure compliance with conflict of interest requirements. Refers proposed amendment to voters for their approval or rejection at next regular general election.