Prohibiting elected officials and their spouses from holding employment or any beneficial interest in private entities.

HB 2060 (Washington State) prohibits elected officials and their spouses from holding employment, entering contracts, or having financial interests in private entities that receive state funding. This applies to private businesses, nonprofits, and other non-government organizations. The bill explicitly excludes public agencies (like state or local government jobs) from this restriction. It defines "beneficial interest" broadly to include any financial gain from a private entity’s contracts or transactions. The law aims to prevent conflicts of interest by restricting officials’ ties to entities receiving public money.