1. “Expenditure” means any of the following acts by a lobbyist while the Legislature is in a regular or special session:
(a) Any payment, conveyance, transfer, distribution, deposit, advance, loan, forbearance, subscription, pledge or rendering of money, services or anything else of value; or
(b) Any contract, agreement, promise or other obligation, whether or not legally enforceable, to make any such expenditure.
2. The term includes, without limitation:
(a) Anything of value provided for an educational or informational meeting, event or trip or a legislative committee investigative meeting, event or trip.
(b) The cost of a party, meal, function or other social event to which every Legislator is invited.
3. The term does not include:
(a) A prohibited gift.
(b) A lobbyist’s personal expenditures for his or her own food, beverages, lodging, travel expenses or membership fees or dues.