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Types of Statements, Form 700 Years and
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People also ask illinois 700 return
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What is the Form 700 candidate statement?
The Form 700 provides transparency and ensures accountability in two ways: It provides necessary information to the public about an official's personal financial interests to ensure that officials are making decisions in the best interest of the public and not enhancing their personal finances.
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What are 700 forms?
A Statement of Economic Interest (FORM 700) is a state form on which state and local government officials publicly disclose their personal assets and income that may be materially affected by their official acts.
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What should I disclose on Form 700?
Answer. On an assuming office statement, disclose all reportable investments, interests in real property, and business positions held on the date you assumed office. In addition, you must disclose income (including loans, gifts and travel payments) received during the 12 months prior to the date you assumed office.
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Who completes Form 700?
Who Files the Form 700? State and local government agencies must adopt a conflict of interest code. The codes designates positions within the agency that make or participate in making governmental decisions. Individuals in these positions file Form 700.
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