(A) Each council member will file with
		  the executive director and chair of the council at such date as determined by
		  the council (and in the case of new members of the council within sixty days
		  following their appointment by the governor), a statement listing his or her
		  employment by or interest in (financial or otherwise) organizations eligible
		  for council support. Such statement shall be kept current to reflect any
		  substantial changes.
(B) A council member shall not submit an
		  application for council funds, or any report required by the council on behalf
		  of an organization which employs him or her or in which he or she has an
		  interest.
(C) Council officials and employees must,
		  at all times, comply with the ethics law (Chapter 102. and sections 2921.42 and
		  2921.43 of the Revised Code) as interpreted by the courts and Ohio ethics
		  commission, and fully described in commission advisory opinions to the
		  council.
(D) If an officer, board member or
		  employee of an organization serves on council, the council member is prohibited
		  from having an interest in the organization's receipt of financial support
		  from the council unless the council member shows that he or she meets a
		  four-part exception to the public contract restrictions in the ethics law, set
		  forth in division (C) of section 2921.42 of the Revised Code.
(E) In order to meet one of the
		  requirements (division (C)(2) of section 2921.42 of the Revised Code), the
		  council member would have to show that:
(1) The advisory panel
			 conducts an independent review of all applications using the same level of
			 scrutiny;
(2) The organization
			 meets the eligibility requirements to receive a grant;
(3) The
			 organization's score is above the cutoff point for funding if one has been
			 established by the council;
(4) The organization
			 receives a funding amount based on an objective formula; and
(5) All other applicants
			 whose scores are above the cutoff point also receive funding based on the same
			 formula.
(F) Council members who are employees of
		  organizations, colleges, or universities that receive financial support from
		  the council shall not receive any definite and direct profit, such as a fee,
		  commission, or compensation, from the proceeds of any council grants awarded to
		  the organizations or institutions by which they are employed.
(G) A council member is prohibited from
		  participating in an activity financially supported by the council, regardless
		  of whether the council member receives a definite and direct benefit from the
		  council funds for his or her participation, unless the council member meets the
		  four-part exception set forth in division (C) of section 2921.42 of the Revised
		  Code and fully explained in the commission's advisory
		  opinions.
(H) When the application of a particular grantee organization, by
		  which a council member is employed or in which he or she has an interest, is
		  discussed by the council, such council member shall refrain from participating
		  in such discussions and shall also refrain from voting on the funding of such
		  applications.
(I) Council members shall make every reasonable effort to act
		  without self-interest on all applications submitted to the council, recognizing
		  that loyalties to a particular geographic area, arts discipline, institution,
		  or specific interest group, must be subjugated to the broader purpose of acting
		  in the best interests of state-wide arts promotion and
		  development.