Last week, Gov. Terry McAuliffe signed Senate Bill 692, approving changes to the state’s ethics laws yet again.

Among the changes, lobbyists will only have to file one disclosure report each year, down from two, on July 1 for the preceding 12-month period. The bill also creates an exception in the definition of gifts for any item with a value of less than $20 and limits the definition of a procurement transaction, in terms of lobbying executive action, to contracts costing $5 million or more.

While most of the bill is effective January 1, 2017, an emergency clause applies to the definition change of procurement transaction, rendering it effective upon passage, and lobbyists will not be required to report until July 1, 2017.

Meeting today for its annual veto-session, the Virginia General Assembly turned its attention to ethics legislation amendments recommended by Gov. Terry McAuliffe. Lawmakers recently passed identical bills, Senate Bill 692 and House Bill 1362, to roll back some of the changes made last year to restrictions on gifts from lobbyists.

McAuliffe proposed tightening the limits further and prohibiting bundling of gifts from multiple sources to avoid the threshold. The Senate, today, voted against adopting those proposals. The governor must now choose between signing or vetoing the bills as passed by both houses.

Photo of the Virginia State Capitol by Anderskev in Wikimedia Commons.