2-12-8.2. No An elected officer, department or agency head, or division director, or the highest paid employee reporting to such person any elected officer, department or agency head, or division director may be not: (1) Be compensated, act, or register as a lobbyist, other than a public employee lobbyist, during a period of two years after that person's officer or employee's termination of service in the state government. government; or (2) Accept employment, compensation, or services from, or enter into a contract with, a person if the officer or employee is in a position to participate, or if the officer or employee participated within the twenty-four months immediately preceding termination of service in the state government, substantially in the approval, award, or recommendation of, or deliberation or negotiation regarding, a specific discretionary state contract, grant, loan, tax incentive, or any other state financial assistance exceeding one hundred thousand dollars, which benefited the person, provided that this subdivision does not apply to any benefit pursuant to a standardized, non‑discretionary formula generally available to similarly situated applicants. An officer or employee who intentionally and knowingly violates subdivision (2) is guilty of theft pursuant to § 22-30A-46. A violation of this section is a Class 1 misdemeanor. misdemeanor felony. 27