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• Page 4 of 10 <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 intermediary <br /> through which the gift was made; a description of the gift; the amount or value of the gift; and the <br /> 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 and the <br /> terns of the loan. <br /> (C) Business Entity Income Disclosure. When income of a business entity, including income of a <br /> sole proprietorship, is required to be reported,f the statement shall contain: <br /> 1. The name, address, and a general description of the business activity of the business entity; <br /> 2. The name of every person from whom the business entity received payments if the filer's pro rata <br /> share of gross receipts from such person was equal to or greater than ten thousand dollars (S10,000). <br /> (D) Business Position Disclosure. When business positions are required to be reported, a designated <br /> employee shall list the name and address of each business entity in which he or she is a director, <br /> officer, partner, trustee, employee, or in which he or she holds any position of management, a <br /> description of the business activity in which the business entity is engaged, and the designated <br /> employee's position with the business entity. <br /> (E) Acquisition or Disposal During Reporting Period. In the case of an annual or leaving office <br /> statement, if an investment or an interest in real property was partially or wholly acquired or <br /> disposed of during the period covered by the statement, the statement shall contain the date of <br /> acquisition or disposal. <br /> (8) Section 8. Prohibition on Receipt of Honoraria. <br /> (A) No member of a state board or commission, and no designated employee of a state or local <br /> government agency, shall accept any honorarium from any source, if the member or employee would <br /> be required to report the receipt of income or gifts from that source on his or her statement of <br /> economic interests. This section shall not apply to any part-time member of the governing board of <br /> any public institution of higher education, unless the member is also an elected official. <br /> Subdivisions (a), (b), and (c) of Government Code Section 89501 shall apply to the prohibitions in <br /> this section. <br /> This section shall not limit or prohibit payments, advances, or reimbursements for travel and related <br /> lodging and subsistence authorized by Government Code Section 89506. <br /> (8.1) Section 8.1 Prohibition on Receipt of Gifts in Excess of $300. <br /> (A) No member of a state board or commission, and no designated employee of a state or local <br /> government agency, shall accept gifts with a total value of more than S300 in a calendar year from <br /> any single source, if the member or employee would be required to report the receipt of income or <br /> gifts from that source on his or her statement of economic interests. This section shall not apply to <br /> http://www.fppc.ca.gov/Legal/Regs/ 18730.htm 9/14/00 <br />