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Statement of Interests Secretary of State Financial Disclosures Form
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People also ask
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What are the requirements for financial disclosure in Congress?
Congressional Candidates Individuals are required to file a Financial Disclosure Statement once they “qualify” as a candidate by raising or spending more than $5,000 in a campaign for election to the House of Representatives.
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Who is required to file a statement of economic interest in Illinois?
Beginning January 1, 1994, persons required to file a Statement of Economic Interests include all elected and appointed officials and local government employees who have authority to authorize the expenditure of public funds, execute contracts, and issue licenses and permits.
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Who completes Form 700?
Every elected official and public employee who makes or influences governmental decisions is required to submit a Statement of Economic Interest, also known as the Form 700.
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Who needs to file Form 700?
Every elected official and public employee who makes or participates in making governmental decisions is required to submit a Statement of Economic Interests, also known as the Form 700. The Form 700 provides transparency and ensures accountability in governmental decisions.
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What is a financial disclosure form?
The financial disclosure system serves to prevent conflicts of interest by providing for a systematic review of the financial interests of both current and prospective employees.
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What is a statement of economic interests?
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 is the purpose of the statement of economic interest?
The Statement of Economic Interests (Fair Political Practices Commission Form 700) is a public document which public officials and certain government employees, including consultants and even volunteer board members, use to disclose financial interests.
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Who needs to fill out a statement of economic interest in Illinois?
All candidates seeking public office must file a current Statement of Economic Interests in the same year as they file candidate's petitions.
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