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This document is a statement of economic interests for public officials, detailing their positions, jurisdictions, schedules for reporting investments and interests, as well as income received.

How to fill out statement of economic interests

How to fill out STATEMENT OF ECONOMIC INTERESTS

1. Obtain the STATEMENT OF ECONOMIC INTERESTS form from your local authority or agency.
2. Read the instructions carefully to understand the requirements.
3. Fill in your personal information, including name, address, and contact details.
4. Declare your employment history for the past year, including any positions held.
5. List any financial interests you or your immediate family members have, such as stocks, bonds, or real estate.
6. Report any business positions, such as directorships or ownership in companies.
7. Indicate any gifts or income received from outside sources during the reporting period.
8. Review your completed form for accuracy and completeness.
9. Submit the form by the required deadline to the relevant authority.

Who needs STATEMENT OF ECONOMIC INTERESTS?

1. Public officials and employees involved in decision-making processes.
2. Candidates for public office.
3. Individuals receiving certain government contracts or grants.
4. Those serving on boards or commissions that have regulatory authority.

People Also Ask about

What do you mean by economic interest?

Economic Interest means a Person's right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in

Who needs to file a statement of economic interest in Illinois?

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.

What are the 10 examples of economic activities?

Economic activity example:- Banking , Farming , Cultivation , Consumption , Production , Transportation , Mining , Manufacturing , Livestock keeping , Hunting , Fishing.

What is meant by economic interests?

Economic Interest means a person's right to income, losses, deductions, credit, or similar benefits from a company, but does not include any other rights of a member, including voting rights or participation in management. Seen in 50 SEC filings.

What are examples of economic interests?

Economic Interest Groups seek to improve the economic circumstances of their members, such as reducing government regulations or increasing wages, and examples would be the U.S. Chamber of Commerce or the AFL-CIO (labor unions).

What are examples of economic wants?

What are examples of economic wants? A want is something that someone would like to have or desire. It is not necessary for survival. A new car, a video game, or a laptop are examples of wants.

What is the meaning of statement of economic interest?

A statement identifies a filer's, and his or her immediate family's, employers, investments, real estate, commercial clients, associated organizations​, and creditors. The purpose of the statement is to disclose the official's or candidate's financial relationships.

Who needs 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.

What are examples of economic interests?

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.

What is a statement of economic interests?

Economic Interest Groups seek to improve the economic circumstances of their members, such as reducing government regulations or increasing wages, and examples would be the U.S. Chamber of Commerce or the AFL-CIO (labor unions).

For pdfFiller’s FAQs

What is STATEMENT OF ECONOMIC INTERESTS?

The Statement of Economic Interests is a disclosure document that requires public officials and certain employees to report their financial interests and sources of income to promote transparency and prevent conflicts of interest.

Who is required to file STATEMENT OF ECONOMIC INTERESTS?

Typically, elected officials, candidates for office, certain public employees, and appointed members of boards and commissions are required to file a Statement of Economic Interests.

How to fill out STATEMENT OF ECONOMIC INTERESTS?

To fill out the Statement of Economic Interests, individuals must provide detailed information about their financial interests, including income sources, investments, property ownership, and gifts received, following the specific instructions provided by the filing authority.

What is the purpose of STATEMENT OF ECONOMIC INTERESTS?

The purpose of the Statement of Economic Interests is to ensure accountability and transparency in government by revealing any financial interests that could influence a public official's decisions, thereby preventing corruption and conflicts of interest.

What information must be reported on STATEMENT OF ECONOMIC INTERESTS?

The information that must be reported includes sources of income, investments, real property holdings, business interests, gifts received, and any other financial relationships that could create a conflict of interest with the individual’s public duties.