(a)    (1)    This section applies only to an individual regulated lobbyist described in § 5–702(a)(1), (2), (3), or (4) of this subtitle who lobbies the Executive Branch or Legislative Branch.

(2)    This section does not apply to an entity that employs an individual regulated lobbyist described in § 5–702(a)(1), (2), (3), or (4) of this subtitle.

(b)    In addition to any other report required under this subtitle, an individual regulated lobbyist shall file, with the report required under § 5–705 of this subtitle, a report that discloses each business transaction or series of business transactions that the individual regulated lobbyist had with an individual or business entity listed in subsection (c) of this section that:

(1)    involved the exchange of value of:

(i)    $1,000 or more for a single transaction; or

(ii)    $5,000 or more for a series of transactions; and

(2)    occurred in the previous reporting period.

(c)    An individual regulated lobbyist is subject to the reporting requirements of this subtitle if the individual regulated lobbyist engages in a business transaction with:

(1)    a member of the General Assembly;

(2)    the Governor;

(3)    the Lieutenant Governor;

(4)    the Attorney General;

(5)    the Secretary of State;

(6)    the Comptroller;

(7)    the State Treasurer;

(8)    the secretary of any principal State department;

(9)    the spouse of an individual listed in items (1) through (8) of this subsection;

(10)    a business entity in which an individual listed in items (1) through (9) of this subsection participates as a proprietor or partner; or

(11)    a business entity in which an individual listed in items (1) through (9) of this subsection has an ownership interest of at least 30%.

(d)    The disclosure required under this section shall include:

(1)    the date of the business transaction or dates of each of the series of transactions;

(2)    the name and title of the official who is subject to this section who was involved in each business transaction or series of transactions; and

(3)    the nature and value of anything exchanged.

(e)    The report shall be filed electronically at the time and in the manner required for reports filed under § 5–705 of this subtitle.