Title
Amending Chapter 20-600 of The Philadelphia Code, entitled "Standards of Conduct and Ethics," to restate and revise conflict of interest prohibitions and related provisions and provisions pertaining to public disclosure of conflicts of interest, all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Section 20-601 of The Philadelphia Code is hereby amended as follows:
§ 20-601. Definitions.
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(5) Business. Any corporation, partnership, sole proprietorship, firm, enterprise, franchise, association, organization, self-employed individual, holding company, joint stock company, receivership, trust or legal entity [organized for profit], but not including a government agency or a City-controlled non-profit entity.
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(6.1) City-controlled non-profit entity. A not-for-profit entity created by a City official for the purpose of supporting City programs that is controlled by a governing board more than 50% of whose members hold their position by virtue of their City office or as a result of an appointment or nomination by a City officer, such as the Philadelphia Industrial Development Corporation and the Philadelphia Housing Development Corporation.
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(15.1) Member of a Business. A person is a member of a business if he or she is a board member, director, partner, manager, trustee or officer of the business or if he or she is being paid by the business for work as an employee or independent contractor.
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(9) Financial Interest. An interest involving money or its equivalent or an interest involving any right, power or privilege that has economic value, but not including a de minimis interest.
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SECTION 2. Section 20-607 of The Philadelphia Code, entitled "Conflict of Interest," is deleted in its entirety and replaced with the following:
§ 20-607. Conflicts of Interest.
(1) A City officer or employee shall not:
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