Posted on Sun, Jul. 03, 2005


LOST TRUST



The sweeping Ethics Reform Act of 1991 forces lawmakers to divulge information about their personal finances, including when they represent clients before public boards.

• The law was a direct response to one of the most embarrassing episodes in S.C. political history — “Operation Lost Trust.”

• The 1990 FBI sting netted 27 legislators, lobbyists and other public officials on corruption and drug charges. Twelve lawmakers served time in prison as a result of the scandal.

• Rules were changed to put distance between lawmakers and lobbyists who had enjoyed an overly cozy relationship.

• The Reform Act requires public reporting of financial information. It also forbids legislators from serving on other public boards and commissions.

— Jeff Stensland





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