An Act amending Title 65 (Public Officers) of the Pennsylvania Consolidated Statutes, in ethics standards and financial disclosure, further providing for restricted activities.

HB 557 amends Pennsylvania's ethics law by extending the waiting period for former state officials and employees from one year to five years. After leaving a government position, they cannot represent clients for compensation on any matter before their former agency for five years. This directly affects current and former state employees who may seek to transition into lobbying roles. The bill changes Section 1103(g) of Title 65 of the Pennsylvania Consolidated Statutes, strengthening restrictions on post-employment lobbying.