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 |