| TEA Manual
5/19/00 |
50000 Local TEA Coalitions
50100 Conflicts of Interest
Arkansas Code Ann. §20-76-108, as amended by Section 9(a)(4) of
Arkansas Act 1567 of 1999, addresses potential conflicts of interest
by Board members. It specifically prohibits any member of the Local
TEA Coalition Board from voting on any matter regarding the provision
of services which would provide a direct financial benefit to the
member, his or her immediate family, or employer. It also specifies
that local TEA Coalition Boards shall not engage in any activities
which would constitute a conflict of interest under any federal,
state, or municipal law.
|
To ensure that local TEA Coalition activities are operated in
compliance with this prohibition against conflicts of interest, the
following policy is established.
- No member of the decision-making body for TEA funds shall vote
on a matter under consideration by that body regarding the
provision of services by the member that would provide direct
financial benefit to the member or the immediate family of the
member, or an organization that employs the member.
- The local TEA Coalition fiscal agent may not be a service
provider paid by the Coalition.
- The Coalition’s fiscal agent may not serve as the Chairperson
of the decision-making body for TEA funds.
- The Chair of the decision-making body for TEA funds may not be a
service provider paid by the Coalition nor the Coalition’s
fiscal agent.
|
The intent of this policy is to prevent any real or perceived
conflicts of interest among fiscal agents and the local
decision-making bodies and the provision of services contracted for by
the TEA coalitions. In addition to the above restrictions, any other
potential conflicts of interest are to be avoided.
|