Office of the City Clerk - Record #: O2015-4685

• Record #: O2015-4685
• Type: Ordinance
• Status: Passed
• Intro date: 6/17/2015
• Current Controlling Legislative Body: Committee on Committees, Rules and Ethics
• Final action: 7/29/2015
• Title: Amendment of Municipal Code Chapter 2-156 regarding governmental ethics
• Sponsors: Emanuel, Rahm
• Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 156 Governmental Ethics

Date	Journal Page Number	Action By	Action	Result
9/30/2015		City Council	Signed by Mayor
7/29/2015	3567	City Council	Passed	Pass
7/27/2015		Committee on Committees, Rules and Ethics	Recommended to Pass	Pass
6/17/2015	490	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
June 17,2015









TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Executive Director of the Board of Ethics, I transmit herewith ordinance amending various provisions of Chapter 2-156 of the Municipal Code.

Your favorable consideration of this ordinance will be appreciated.

Mayor


Very truly yours,
ORDINANCE

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:


SECTION 1. Chapter 2-156 of the Municipal Code of Chicago is hereby amended by deleting the language struck through and by inserting the language underscored, as follows:
2-156-010 Definitions.
The following definitions shall apply for purposes of this chapter:


(Omitted text is not affected by this ordinance)


(j) "Employee" means an individual employed by the City of Chicago, whether part-time or full-time, but excludes elected officials and city contractors.
(i-0) "Executive director" means the executive director of the board of ethics established in this chapter.
(j-1) "Exempt position" means a position that is classified as exempt under the City's Hiring Plan, as amended from time to time, but excluding City Council employees.


(Omitted text is not affected by this ordinance)


(I) "Financial interest" means an interest held by an official or employee that is valued or capable of valuation in monetary terms with a current value of more than $1,000.00, provided that such interest shall not include: (1) the authorized compensation paid to an official or employee for any office or employment; or (2) a time or demand deposit in a financial institution; or (3) an endowment or insurance policy or annuity contract purchased from an insurance company; or (4) any ownership through purchase at fair market value or inheritance of the shares of a mutual fund corporation, regardless of the value of or dividends on such shares, if such shares are registered on a securities exchange ...