Laserfiche WebLink
(7) Section 7. Manner of Reporting. <br />Statements of economic interests shall be made on forms prescribed by the Fair Political <br />Practices Commission and supplied by the agency, and shall contain the following <br />information: <br />(A) Investments and Real Property Disclosure. <br />When an investment or an interest in real property3 is required to be reported,4 the <br />statement shall contain the following: <br />1. A statement of the nature of the investment or interest; <br />2. The name of the business entity in which each investment is held, and a general <br />description of the business activity in which the business entity is engaged; <br />3. The address or other precise location of the real property; <br />4. A statement whether the fair market value of the investment or interest in real property <br />equals or exceeds two thousand dollars ($2,000), exceeds ten thousand dollars ($10,000), <br />exceeds one hundred thousand dollars ($100,000), or exceeds one million dollars <br />($1,000,000). <br />(B) Personal Income Disclosure. When personal income is required to be reported,s the <br />statement shall contain: <br />1. The name and address of each source of income aggregating five hundred dollars <br />($500) or more in value, or fifty dollars ($50) or more in value if the income was a gift, <br />and a general description of the business activity, if any, of each source; <br />2. A statement whether the aggregate value of income from each source, or in the case of <br />a loan, the highest amount owed to each source, was one thousand dollars ($1,000) or <br />less, greater than one thousand dollars ($1,000), greater than ten thousand dollars <br />($10,000), or greater than one hundred thousand dollars ($100,000); <br />3. A description of the consideration, if any, for which the income was received; <br />4. In the case of a gift, the name, address and business activity of the donor and any <br />intermediary through which the gift was made; a description of the gift; the amount or <br />value of the gift; and the date on which the gift was received; <br />5. In the case of a loan, the annual interest rate and the security, if any, given for the loan <br />and the term of the loan. <br />(C) Business Entity Income Disclosure. When income of a business entity, including <br />