prohibit certain state officers or employees from being employed by an organization that was the recipient of a contract awarded on behalf of a state agency for a period of time.

Added a new section requiring written authorization from a governing body for former officers or employees to work for organizations that received contracts they approved, with annual reporting to the Government Operations and Audit Committee.

Added requirements for full written disclosure, governing body review of contract terms and the officer's role, and confirmation that transactions are fair, reasonable, and in the public interest before authorizing exceptions.

Modified the cooling-off period for employment with contract recipient organizations to be one year for contracts valued at five million dollars or less, and two years for contracts valued over five million dollars.

Modified eligibility criteria to include former officers or employees who had responsibility for approving, awarding, or administering contracts, with specific thresholds based on contract value.