establish a post-employment restriction for employees of the Governor's Office of Economic Development and create a penalty therefor.

Summary

The bill would stop anyone who leaves the Governor’s Office of Economic Development from taking a paid job or contract with any person or company that received a grant, loan, or other financial assistance from that office, or money from the state’s future fund, for five years after they leave. Violating the rule would be a Class 1 misdemeanor. It aims to prevent former employees from leveraging insider knowledge for private gain.

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