116 STAT. 380 PUBLIC LAW 107–171—MAY 13, 2002
‘‘(1) I
N GENERAL
.—Except as provided under paragraph
(2), no State member, Indian tribe member, State alternate,
officer, or employee of the Authority shall participate personally
and substantially as a member, alternate, officer, or employee
of the Authority, through decision, approval, disapproval, rec-
ommendation, the rendering of advice, investigation, or other-
wise, in any proceeding, application, request for a ruling or
other determination, contract, claim, controversy, or other
matter in which, to knowledge of the member, alternate, officer,
or employee—
‘‘(A) the member, alternate, officer, or employee;
‘‘(B) the spouse, minor child, partner, or organization
(other than a State or political subdivision of the State
or the Indian tribe) of the member, alternate, officer, or
employee, in which the member, alternate, officer, or
employee is serving as officer, director, trustee, partner,
or employee; or
‘‘(C) any person or organization with whom the
member, alternate, officer, or employee is negotiating or
has any arrangement concerning prospective employment;
has a financial interest.
‘‘(2) D
ISCLOSURE
.—Paragraph (1) shall not apply if the
State member, Indian tribe member, alternate, officer, or
employee—
‘‘(A) immediately advises the Authority of the nature
and circumstances of the proceeding, application, request
for a ruling or other determination, contract, claim, con-
troversy, or other particular matter presenting a potential
conflict of interest;
‘‘(B) makes full disclosure of the financial interest;
and
‘‘(C) before the proceeding concerning the matter pre-
senting the conflict of interest, receives a written deter-
mination by the Authority that the interest is not so
substantial as to be likely to affect the integrity of the
services that the Authority may expect from the State
member, Indian tribe member, alternate, officer, or
employee.
‘‘(3) V
IOLATION
.—Any person that violates this subsection
shall be fined not more than $10,000, imprisoned not more
than 2 years, or both.
‘‘(j) V
ALIDITY OF
C
ONTRACTS
, L
OANS
,
AND
G
RANTS
.—The
Authority may declare void any contract, loan, or grant of or by
the Authority in relation to which the Authority determines that
there has been a violation of any provision under subsection (h)(4)
or subsection (i) of this subtitle, or sections 202 through 209 of
title 18, United States Code.
‘‘SEC. 383C. ECONOMIC AND COMMUNITY DEVELOPMENT GRANTS.
‘‘(a) I
N
G
ENERAL
.—The Authority may approve grants to States,
Indian tribes, local governments, and public and nonprofit organiza-
tions for projects, approved in accordance with section 383I—
‘‘(1) to develop the transportation and telecommunication
infrastructure of the region for the purpose of facilitating eco-
nomic development in the region (except that grants for this
purpose may be made only to States, Indian tribes, local govern-
ments, and nonprofit organizations);
7 USC 2009bb–2.
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