Bill > SB1141

This bill aims to prevent conflicts of interest involving University of California (UC) executives and businesses seeking contracts with the university. It prohibits a business entity from bidding on, entering into, renewing, automatically renewing, extending, or expanding any contract with the UC if a UC executive has served that business entity within the past year. Additionally, a business entity is barred from such contracts for at least one year after providing or promising any UC executive, or their immediate family member, any form of compensation, which is broadly defined to include anything of value over $500, such as cash, ownership interests, or gifts, with specific exceptions for standard loans from financial institutions. The bill defines "business entity" as any private sector organization, and "UC executive" as a senior management employee or someone reporting to high-level UC officials. Any contract entered into or maintained in violation of these rules will be considered void and a risk to UC funds. The bill empowers any California taxpayer or the Attorney General to sue to enforce these provisions, and if successful, they can recover legal fees. If a court finds a violation, the business entity will be prohibited from contracting with the UC for 10 years.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1141