Section 895.705-A - Disclosure(a)Contractors.-- (1) A person or an affiliated entity that has a professional services contract with a municipal pension system shall disclose all contributions to which all of the following apply: (i) The contribution was made within the last five years.(ii) The contribution was made by an officer, director, executive-level employee or owner of at least 5% of the person or affiliated entity.(iii) The amount of the contribution was at least $500 in the form of:(A) A single contribution by a person included in subparagraph (ii).(B) The aggregate of all contributions by all persons listed in subparagraph (ii).(iv) The contribution was made to: (A) A candidate for any public office in the Commonwealth or to an individual who holds that office.(B) A political committee of a candidate for public office in the Commonwealth or of an individual who holds that office.(2) The information provided under this subsection shall be updated annually.(b)Additional disclosure.--A person or an affiliated entity that has a professional services contract with a municipal pension system shall disclose all of the following:(1) Information relating to individuals making contributions. This paragraph includes: (i) The name and address of the contributor.(ii) The contributor's relationship to the contractor.(iii) The name and office or position of each person receiving a contribution.(iv) The amount of the contribution.(v) The date of the contribution.(2) Gifts to an official or employee of the municipal pension system or the municipality which controls the municipal pension system.(3) The employment or retention of any third-party intermediary, agent or lobbyist and the duties of that person.(4) The existence of any financial relationship under section 704-A(b).(c)Applicability.--The provisions of subsection (a) shall apply to a person and an affiliated entity that has applied for, submitted an offer or bid for, responded to a request for proposal or otherwise solicited a professional services contract with a municipal pension system.(d)Forms.--Required disclosure shall be made on a form prepared by the municipal pension system. The form shall be attached to the contract and posted on the system's Internet website, if an Internet website is maintained. During the term of the contract, an updated form shall be filed annually in accordance with procedures adopted by the plan.(e)Penalties.--The following shall apply: (1) A municipal pension system shall void the professional services contract of a person that knowingly makes a material misstatement or omission in a disclosure form under this chapter and shall prohibit the person from entering into a contract for a period of up to three years.(2) If a contractor or person that has submitted a proposal or bid in violation of paragraph (1) more than two times in a 36-month period, all contracts between that contractor and the municipal pension plan shall be void and the person shall be debarred for a period of at least three years from the date of the last violation. 1984, Dec. 18, P.L. 1005, No. 205, § 705 -A, added 2009, Sept. 18, P.L. 396, No. 44, § 15, effective in 90 days [Dec. 17, 2009].