105.1270. No conflict of interest for state — authorized tax credits, abatements, exemptions, or loans, when. — Notwithstanding any provision to the contrary, a corporation, partnership, firm, trust, association, or other entity shall not be disqualified from receiving any state-authorized tax credit, abatement, exemption, or loan on the basis that there exists a conflict of interest due to a relationship of any degree or affinity to any statewide elected official or member of the general assembly, when the person of relation holds less than a two percent equity interest in the entity standing to benefit from the credit, abatement, exemption, or loan.
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(L. 2008 H.B. 2058)
---- end of effective 28 Aug 2008 ----
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